Oct 07 2024
According to a newly released report, the global market for CBD skin care products is valued at over $2 billion, and is expected to grow at a drastic rate over the next eight years. The SNS Insider report indicates that the market is valued at $2.29 billion in 2023, and is projected to reach $22 …
Oct 07 2024
According to a study published recently in the journal Clinical Therapeutics, there is significant variations in medical marijuana use based on patients’ medical conditions. Researchers from the University of Southern California, Brandeis University, and Monash University in Australia analyzed data from over 16,000 patients who purchased medical cannabis from dispensaries in New York over a …
Oct 07 2024
In a new study, scientists have uncovered a powerful new use for abnormal cannabinoid (AbnCBD) derivatives. These unique compounds, distinct from traditional cannabinoids, have shown remarkable effectiveness in combating drug-resistant Candida species, notes the study’s researchers. Published in Pharmacological Research, the study reveals how these derivatives not only inhibit fungal growth but also disrupt biofilm …
Oct 07 2024
Published in the journal Discover Oncology, a comprehensive review conducted by researchers from institutions in Pakistan, Portugal, Turkey, Saudi Arabia, and South Korea investigates the potential role of cannabinoids in cancer treatment. The collaboration includes the Pakistan National University of Sciences and Technology, the University of the Punjab, and The Islamia University of Bahawalpur, along …
Oct 07 2024
The SAFE Banking Act now has 131 sponsors in the US House of Representatives. On October 1, Congressmember Amu Bera (D-CA) became the latest lawmaker to join as a sponsor for the SAFE Banking Act (H.R. 2891). The measure now has 131 bipartisan sponsors, more than any other marijuana-related bill in the U.S. Congress. The …
Oct 05 2024
Illinois’ legal marijuana market remained steady in September, with licensed retail outlets and dispensaries selling $167.9 million worth of product, according to data from the Illinois Cannabis Regulation Oversight Officer. Approximately 85% of these sales were made by recreational consumers, while medical marijuana purchases accounted for 15% of the total. Nearly one in four recreational …
Oct 04 2024
Sales in Ohio’s recreational marijuana market have reached nearly $90 million, just seven weeks after its launch. Recreational marijuana sales began in Ohio on August 6. Between that day and September 28, the state’s Division of Cannabis Control reported total sales of $87.1 million. During that period, recreational retailers sold 10,213 pounds of flower and …
Oct 04 2024
Maryland marijuana stores sold roughly $97 million worth of product in September. According to data released by the research firm Headset, there was $97.4 million worth of marijuana and marijuana products sold legally in September. Although this is a drop from the record-breaking $100.6 million sold in August, it marks a nearly 5% increase from …
Oct 04 2024
According to new polling, a plurality of North Dakota voters support Measure 5 to legalize recreational marijuana for everyone 21 and older, though support falls short of a majority. The poll, commissioned by the North Dakota News Cooperative and conducted by WPA Intelligence, found that 45% of likely voters support Measure 6, with 40% opposed …
Oct 03 2024
California marijuana sales saw a slight dip in September compared to August and July, but remained steady with over $330 million in total sales. Licensed marijuana stores in California sold approximately $334 million worth of marijuana and related products (edibles, concentrates, etc.) in September, according to data from the research firm Headset. This represents a …
