[ad_1] Since 2021, there has been a 22% increase in global sales of cannabis, with some forecasting the U.S. market to reach $40 billion by 2030. As the market expands key forces are at play. Firstly, large companies often referred to as MSOs (multi-state operators), are outpacing the industry trends via mergers and acquisitions. For […]
Monthly Archives: September 2022
[ad_1] Today, nearly every consumer-packaged good from food to pharmaceuticals and now even cannabis products, are seeking the most effective, efficient and advanced formed and sealed packaging. The materials used for this packaging varies from majority plastics to sealed metal cans. The benefits of sealed packaging are widespread: producers value it mainly for preservation in […]
[ad_1] Cannabis is a drug crop with a long history in Africa. Alongside coca and opium poppy, it has been subjected to international control for nearly a century. The International Opium Convention of 1925 institutionalised the international control system and extended the scope of control to cannabis. In 1961 a new international convention was adopted […]
[ad_1] The University of Sydney is launching a fairly robust study in an attempt to, as the university describes it, “investigate cannabis consumption, behaviours, and attitudes among users.” Part of the study involves offering free, anonymous cannabis testing for people that cultivate their own cannabis in the Australian Capital Territory (ACT). Cannabis was decriminalized in 2020 in […]
[ad_1] The island nation of New Zealand has relied on exports to treat medical cannabis patients so far. Allowing the dispensation of domestically cultivated cannabis will help the nascent industry grow and lower overall costs. Last week, New Zealand officials approved the beginning of the domestically sourced medical cannabis market. The Department of Health began […]
[ad_1] Less than a month after the cosponsors of the CBD Product Safety and Standardization Act slammed the FDA for their lackluster response to the bill (and four years after the 2018 Farm Bill legalized industrial hemp), two more (Republican) congressmen are probing the FDA for a sufficient response with little patience left for discretion. […]
[ad_1] David A. Guba, Jr., Bard Early College Baltimore Early in 2022, the French legislature greenlighted the cultivation of cannabis inside French territory to supply the nation’s ongoing pilot program in medical marijuana. The clinical trials were launched in March 2021 with cannabis supplied from abroad and have been overseen by the country’s food and […]
[ad_1] Despite what some governments around the world may claim, cannabis does indeed possess tremendous medical value. This is repeatedly proven by a growing number of peer-reviewed studies and personal testimonies from suffering patients that have successfully treated their condition(s) with cannabis. So why are many doctors still unfamiliar with medical cannabis? More cannabis laws […]
[ad_1] The fifth annual Cannabis Expo (CanXpo) was held on August 20 at the Clubhouse in East Hampton, New York. It was well-received with close to 200 attendees. It showcased a number of cannabis-forward companies and a host of expert guest panel speakers. Gary Bierfriend is the brainchild of CanXpo and first began producing cannabis […]
[ad_1] A new report from BDSA, an international cannabis industry data company, was published this week which provided new projections and estimates for the emerging global cannabis industry. “The report projects annual global cannabis sales to grow from $30 billion in 2021 to $57 billion in 2026, a compound annual growth rate (CAGR) of almost 13%,” […]