Oct 28 2024
The Industrial Hemp market grew in value from $6.03 billion in 2023 to $7.07 billion in 2024, according to a new report. The report anticipates that the market will continue to see rapid growth. At an anticipated compound annual growth rate (CAGR) of 17.29%, the market is expected to be valued at $25.33 billion by …
Oct 28 2024
Missouri is setting up a state-run marijuana testing laboratory to enhance regulatory oversight of the cannabis industry, using funds sourced from state marijuana taxes. This lab, aimed at bolstering quality control, will test products for safety and potency, addressing the potential for misleading claims in a market with over $1 billion in annual sales of …
Oct 28 2024
A new YouGov poll shows that a strong majority of American voters support rescheduling marijuana, and more trust the Democratic presidential nominee to address cannabis policy effectively. According to the survey, 27% express confidence in the Democratic candidate’s handling of the issue compared to 20% favoring the GOP nominee. The poll also found that marijuana …
Oct 28 2024
As New York’s legal marijuana market matures, certain strains have become clear favorites among consumers. Based on data from the New York Office of Cannabis Management as well as sources such as Leafly and Weedmaps, the following list highlights the top 10 strains currently in high demand across the state. Perhaps unsurprisingly, many of these …
Oct 28 2024
Researchers from Lebanese American University and Germany’s University of Veterinary Medicine Hannover have published findings in the journal Scientific Reports indicating that cannabinoids derived from Lebanese cannabis may offer significant anti-cancer properties. Specifically, their study explored how CBD and THC mixtures influence the growth and motility of breast cancer cells in vitro. The research team …
Oct 27 2024
Curaleaf International, a global leader in the medical marijuana market, has released a report detailing the growth of the nation’s illegal marijuana market, while calling on the government to put in place stricter regulations in order to protect consumers. Curaleaf is “urging the UK government to take immediate action against the rapidly growing online illicit …
Oct 27 2024
Kentucky’s medical marijuana program is set to take a substantial step forward on Monday with its inaugural license lottery for cultivators and processors. The upcoming lottery will grant licenses to those tasked with cultivating and processing medical cannabis, marking a key milestone in Kentucky’s rollout of its newly legalized medical cannabis program. A separate lottery …
Oct 26 2024
In a new study, researchers have identified high-CBD extract (CBD-X) as a potential game-changer for asthma treatment, especially for patients who find little relief from conventional inhaled corticosteroids. Published in the Journal of Pharmaceuticals, the study reveals how CBD-X could disrupt key inflammatory pathways driving asthma’s chronic symptoms, potentially offering fresh hope to millions worldwide …
Oct 26 2024
As of mid-October, over 700 marijuana strains are available at licensed stores across Massachusetts. According to the Massachusetts Cannabis Control Commission (CCC), there are 709 active marijuana strains being sold throughout the state as of October 13. This is 65 more than the total number of strains reported in May, and this is more than …
Oct 25 2024
A Maricopa County Superior Court judge has ruled in favor an Arizona marijuana dispensary operator, ending an attempt to take its license. The case centered on Moe Asnani and Chip Boyden’s attempts to circumvent agreements and take over a dispensary license from Investing in the Future LLC. Anavel Vasquez was qualified to be the majority owner …
