The global cannabidiol (CBD) market is projected to more than double in size over the next five years, reaching $22.05 billion by 2030, according to a new report by Grand View Research. Valued at $9.14 billion in 2024, the market is forecast to grow at a compound annual growth rate of 15.8% from 2025 through …
Category: Miscellaneous
May 14 2025
Report: Global Hemp Fiber Market Expected to Triple by 2030
The global hemp fiber industry is on track for explosive growth, with a new market analysis projecting its value will rise from $11 billion in 2024 to $36 billion by 2030. According to data from MarkNtel Advisors, this growth—representing a compound annual growth rate of 22%—is being fueled by a mix of environmental pressures, legislative …
May 14 2025
New Report Details the “Top Five Trends in Cannabis”
A new global report released by Research and Markets outlines the top five trends currently shaping the legal cannabis industry, highlighting both challenges and opportunities as the market continues to evolve. According to Top Five Trends in Cannabis, the adult-use sector remains the driving force behind global cannabis growth, influencing both consumer behavior and regulatory …
May 14 2025
GTA VI Will Allow Players to Run Medical Marijuana Dispensaries and Engage in Black Market Drug Sales
According to a source who contacted us directly, the long-awaited Grand Theft Auto VI will include gameplay that allows users to operate medical marijuana dispensaries across the in-game map. The individual, who asked to remain anonymous, stated that players will have the option to run fully legal outlets that cater to medical patients, as well …
May 13 2025
The Top 50 CBD Studies Published in 2025
The early months of 2025 have seen a surge of research centered on cannabidiol (CBD), with studies investigating its role in treating a variety of health conditions. As interest in CBD continues to grow across both medical and therapeutic markets, researchers have been examining its effects on everything from neurological disorders to substance use and …
May 13 2025
TerrAscend Expands into Ohio and Adds Fourth Dispensary in New Jersey
TerrAscend has announced the completion of its acquisition of Ratio Cannabis, a dispensary in Goshen Township, Ohio, marking the company’s entry into its sixth U.S. state. At the same time, the company revealed it has signed an agreement to acquire Union Chill, a single-dispensary operator in Hunterdon County, New Jersey. The Ohio acquisition brings TerrAscend’s …
May 08 2025
Boston Beer Company Expands Cannabis Beverage Lineup for Summer With TeaPot Iced Teas and Emerald Hour Cocktails
BBCCC Inc, the Canadian-based subsidiary of The Boston Beer Company, is elevating summer for Canadians with new offerings from its cannabis brands TeaPot and Emerald Hour. Since launching in 2022, TeaPot cannabis iced tea has become one of the most popular cannabis beverage brands in Canada and is now expanding its offerings into the full-potency segment. TeaPot’s …
May 07 2025
Michigan Issues First-Ever Lifetime Marijuana Ban
A former operator of a licensed cannabis retail outlet in Michigan has become the first person to receive a lifetime ban from participating in the state’s marijuana industry. The Michigan Cannabis Regulatory Agency (CRA) has issued an involuntary lifetime exclusion to Youssef “Joseph” Barakat, who co-owned Tree House Club retail locations in Big Rapids and …
May 07 2025
10 Tips for Growing High-Yield Cannabis Plants
Growing cannabis with impressive yields takes more than just planting a seed and hoping for the best. Whether you’re cultivating indoors or outdoors, careful planning and proven techniques can make a dramatic difference in your final harvest. Here are 10 tips from industry professionals to help you get the most out of your grow.
May 06 2025
Report: Cannabis-Infused Edibles Market Valued at $7.17 Billion, to Grow in Value to $16.62 Billion by 2030
The global market for cannabis-infused edibles has surged from $6.05 billion in 2024 to $7.17 billion in 2025 and is projected to more than double in value by 2030, reaching an estimated $16.62 billion. That growth represents a compound annual growth rate (CAGR) of 18.34%, according to a new market report analyzing consumer trends, product …