The global handheld marijuana vaporizer market was valued at $5.4 billion in 2023, and is projected to reach $18.1 billion by 2033, growing at a compound annual growth rate of 12.9% from 2024 to 2033.

This is according to a new report conducted by Allied Market Research. The growth of the handheld marijuana is driven primarily by “the increasing legalization of cannabis for both medicinal and recreational use, which expands the consumer base”, notes the report. “Rising health consciousness among consumers, who perceive vaping as a safer alternative to smoking, further boost the market demand.”

The report states that “Technological advancements in vaporizer design, offering improved functionality, portability, and user experience, attract a wide range of users. Additionally, evolving consumer preferences for discreet and convenient cannabis consumption methods, along with the growing acceptance and normalization of cannabis use in society, significantly contribute to the market expansion.”
Continue reading

With the November 5 election just three months away, voters in five states—North Dakota, South Dakota, Florida, Arkansas, and Nebraska—are gearing up to consider various marijuana initiatives.

It’s shaping up to be a big election for marijuana law reform, with five states set to consider statewide measures to legalize recreational or medical marijuana. With that in mind, here’s a look at the five states with marijuana initiatives set to be considered this November, and where they stand in the polls.
Continue reading