Next month, four states will consider initiatives to legalize recreational or medical marijuana. Below is a breakdown of these four measures, provided by the Marijuana Policy Project.
Category: Miscellaneous
Oct 18 2024
Report: Marijuana Testing Services Market Valued at Over $2 Billion, to Grow in Value to $5.3 Billion by 2030
The global cannabis testing services market size is expected to reach $5.39 billion by 2030, registering a compound annual growth rate (CAGR) of 17.21% from 2024 to 2030, according to a new report. Conducted by Research and Markets, the report shows that the current value of the cannabis testing market is $2.1 billion, an increase …
Oct 16 2024
Here’s the Most Popular Marijuana Strains in North Carolina As of October 2024
Marijuana remains illegal in North Carolina, yet many strains remain popular among consumers across the state. Despite the prohibition, residents turn to nearby states with legal markets, online sources, and the black market to access their favorite strains. Here, we explore the most popular strains that are in demand in North Carolina as of October …
Oct 15 2024
The Most Popular Marijuana Strains in Washington State Right Now
As one of the first two states to legalize recreational marijuana, Washington has long been a leader in the U.S. marijuana market. This early start has allowed the state to develop a thriving industry, with numerous strains emerging as favorites among consumers. Using data from a variety of licensed cannabis stores located throughout the state, …
Oct 15 2024
Report: US Cannabis Industry Needs Up to $130 Billion to Grow, Offering $2.4 Billion in Potential Interest for Banks
A new report released today by Whitney Economics (WE) highlights the significant financial needs of the U.S. cannabis industry, projecting that between $65.6 billion and $130.7 billion in sustainable growth capital will be necessary to support new cannabis businesses and refinance existing ones over the next decade. This investment could generate an estimated $1.0 billion …
Oct 14 2024
Every State Voting On Marijuana Initiatives Next Month
The November 5, 2024 election is just weeks away, and it’s shaping up to be a pivotal moment for marijuana law reform across the U.S. With the election fast approaching, several states are preparing to weigh in on initiatives that could drastically change their marijuana laws. Below is a breakdown of these states, with a …
Oct 14 2024
Report: Marijuana Packaging Market to Grow from $3 Billion in Value in 2024 to $22 Billion by 2034
The global size of the marijuana packaging market is predicted to increase from $3.49 billion in 2025 to approximately $22.10 billion by 2034, according to a study published by Towards Packaging, a sister firm of Precedence Statistics. The market was estimated at $2.85 billion in 2024 and is projected to expand at a double-digit CAGR …
Oct 12 2024
The Top Marijuana, THC and CBD Studies Released So Far in 2024
2024 has proven to be a landmark year for the research of marijuana and its compounds such as THC and CBD. As marijuana rescheduling to Schedule III looms, the path for future research could soon become even smoother. However, even without this change, significant strides have already been made. Below are the top marijuana, THC, …
Oct 12 2024
The Most Popular Marijuana Strains in California Right Now
As California continues to lead the U.S. in cannabis sales, certain marijuana strains are rising to the top in popularity. These strains are favored for their potency, flavor, and effects, which resonate with a wide range of consumers across the state. Based on data from California’s Department of Cannabis Control and Leafly, below are the …
Oct 08 2024
A Look at Live Resin, a Potent Marijuana Concentrate Booming in Popularity
Live resin, a relatively new addition to the growing list of marijuana concentrates, has gained substantial traction due to its potency, flavor, and aromatic profile. Unlike traditional cannabis extracts, live resin is produced by flash-freezing freshly harvested plants and extracting cannabinoids and terpenes while they remain in their original, undried form. This preserves the full …
