The market for legal cannabis has a global value of over $13 billion, and is expected to grow rapidly in the coming years, according to a new report. The Global Cannabis Market Report, conducted by the research firm Contrive Datum Insights, found that as of the end of 2022 the global legal cannabis market is …
Category: Miscellaneous
Mar 24 2023
Report: Global Cannabis-Infused Edibles Market Valued at $5.14 Billion, to Grow to $9.28 Billion by 2028
According to a new report the global cannabis-infused edibles market is currently valued at over $5 billion, and is anticipated to grow rapidly in the coming years. Conducted by Research and Markets, the report found that as of the start of 2023, the global marijuana-infused edibles market is worth $5.14 billion. It’s expected to grow …
Mar 17 2023
Study Finds Cannabinoids “May Have Utility in Cancer Immunotherapy Regimens”
According to a new Frontiers in Immunology study, specific cannabinoids “may have utility in cancer immunotherapy regimens by overcoming immune escape and augmenting cancer immune surveillance in metastatic disease.” Titled Specific cannabinoids revive adaptive immunity by reversing immune evasion mechanisms in metastatic tumours, the study was conducted by researchers at the University of British Columbia, …
Mar 16 2023
Here Are the 38 States That Have Legalized Medical Marijuana, and the 12 That Haven’t
Medical marijuana is now legal in the vast majority of U.S. states, with just 12 continuing a full-blown prohibition on the medicine. California was the first state to legalize medical marijuana in 1996. In the 25 years since, 37 other states have followed suit, though they have varied greatly in their approach. Below we breakdown, …
Feb 27 2023
Report: CBD Skincare Market Topples $1.3 Billion Valuation
A new report conducted by Research and Markets has found that the global market for CBD skincare products is worth over $1.3 billion. Specifically the report estimates the market value to be $1.346 as of the end of 2020. It states that in recent years increasing disposable incomes and living standards have increased the focus …
Feb 21 2023
Here Are The 21 States That Have Legalized Recreational Marijuana
Recreational marijuana has been legalized in 21 states across the U.S., with Oklahoma vying to be the 22nd during a March special election. This means that despite decades of prohibition and propaganda, adults over the age of 21 can legally purchase and consume marijuana for recreational purposes in over 20 states (this number was 0 …
Feb 16 2023
Report: Global Legal Cannabis Market Valued at $47 Billion in 2023, to Grow to $76 Billion by 2027
The global market for legal marijuana is expected to be valued at $47.5 billion by the end of 2023, and is expected to grow to $76 billion by 2027, according to a new report from Statista. “The maturity of the Cannabis market varies across the globe mainly due to differing legal environments and public attitudes …
Feb 15 2023
Global Hemp Market to Grow From $6.87 Billion to $19.37 Billion by 2030
The global market for hemp is currently valued at $6.87 billion with expectations that it’ll grow to be worth nearly $20 billion by 2030. This is according to a new Global Hemp Market report conducted and published by Cognitive Market Research. The anticipated growth represents a compound annual growth rate of 22.6%. “Hemp is considered …
Feb 13 2023
Why Marijuana Should be Legalized, According to AI
Below is an article on why marijuana should be legalized, written entirely by OpenAI’s ChatGPT. Marijuana legalization has been a hotly debated topic for decades. While some people argue that marijuana should remain illegal due to its potential negative effects on health and society, there is a growing body of evidence that supports its legalization. …
Feb 09 2023
Report: Global Medical Cannabis Market Valued at $31.8 Million, Expected to Grow to $57.4 Billion by 2028
Despite huge growth for the global medical cannabis market in recent years, it’s expected to continue to grow at a rapid pace over the next five according to a new report. The Medical Cannabis Market Report conducted by Research and Markets found that the global medical cannabis market size reached $31.8 Billion in 2022. Looking …