Author: Cannabis Data
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Researchers Find That CBD May Improve Acne Scarring
Researchers have determined that cannabidiol (CBD) “addressed multiple facets of acne pathophysiology and improved acne scarring overall” in a recent study. The study’s findings were published by Dermatology Times. The team of investigators explored CBD’s reported anti-inflammatory and lipid-modulating properties by preparing “CBD at 6 different concentrations: 0.1, 1, 5, 10, 50 and 100 µM”…
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Illinois Sold $146 Million Worth Of Legal Recreational Cannabis In May 2024
Illinois’ legal adult-use cannabis industry continues to post strong numbers, with the state’s licensed recreational cannabis retailers selling over $146 million worth of products in May 2024, an increase over April 2024 when the state’s retailers sold roughly $144 million worth of cannabis products. Illinois became the 11th state to adopt a statewide adult-use cannabis…
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Arizona Recreational Cannabis Market Now Nearly Four Times The Size Of The Medical Market
Registered medical cannabis patient numbers and medical sales totals decreasing alongside rising adult-use sales is a common trend in states that first legalized medical cannabis commerce and then legalized recreational cannabis commerce. A recent example can be found in Arizona. “After the medical side recorded consecutive lows in December 2023 and January 2024 at $25.4…
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Global Cannabis Testing Market Projected To Reach $2.4 Billion By 2027
Allied Market Research recently published a new report titled, “Cannabis Testing Market by Product, Test Type, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2027,” and the report is projecting significant growth for the global cannabis testing sector. “The global cannabis testing market was valued at $ 1,029 million in 2019, and is projected…
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How Many People Consume Cannabis Worldwide?
The United Nations Office on Drugs and Crime (UNODC) recently released its ‘2024 World Drug Report’ which listed, among other things, facts about global cannabis use. The report’s details were covered at length in Marijuana Moment‘s original coverage. “As for cannabis, which UNODC calls in the new report “by far the world’s most commonly used drug,”…
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Global Cannabis Food And Beverage Market Projected To Reach $2.63 Billion By 2026
The legal worldwide cannabis food and beverage market is projected to reach an estimated $2.63 billion by 2026 according to a new report by Allied Market Research. The projected increase in market value is attributed to cannabis policy modernization efforts around the globe and increased consumer demand. “According to a new report published by Allied…
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University Of Missouri Researchers Suggests Using Hemp To Boost Grazing Pastures
Frequent droughts in Missouri in recent years have livestock producers exploring different crops that may be more adaptable for summer pasture options compared to common pasture crops. Researchers at the University of Missouri have studied hemp for this purpose, and their findings are promising. The hemp plant uses considerably less water to produce a solid…
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Consumers Report Drinking Less Alcohol After Cannabis Sales Become Legal
Consumers in North America have reported consuming less alcohol after their jurisdictions legalized recreational cannabis sales according to the results of two new surveys, suggesting that consumers are replacing alcohol use with cannabis use. “In Canada, where cannabis has been legal nationwide since 2018, 22.8% of people who use both cannabis and alcohol reported drinking…
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Western German State To Allow Up To 3,000 Cannabis Clubs
Part of Germany’s adult-use legalization model involves permitting noncommercial social cannabis clubs. The clubs have to adhere to various rules, including limiting membership to a maximum of 500 members, and restricting sales to 50 grams per member a month (30 grams for members 18-20 years old). Clubs will also be permitted to sell cannabis clones…
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Maryland’s Adult-Use Cannabis Industry Generated More Than $14 Million In Sales Tax In Q1
Maryland Comptroller Brooke E. Lierman announced today that Maryland’s legal adult-use cannabis industry generated more than $14.6 million in recreational cannabis sales taxes between January and March 2024. Adult-use cannabis and cannabis products are taxed at a rate of 9% in Maryland. The state of Maryland collected more than $14.6M in revenue from adult-use cannabis…