Author: Cannabis Data
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How Much THC Is Allowed In Iowa’s ‘Consumable Hemp Products’?
A new law in Iowa, set to take effect on July 1st pending a legal challenge, will drastically change the state’s emerging hemp industry if/when it is implemented. Iowa House File 2605 caps the amount of THC in ‘consumable hemp products’ at 4 milligrams per serving and 10 milligrams per package or container. “Roughly 1,100…
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Idaho Has Approved 2,577 Acres Of Hemp Production In 2024 So Far
The Idaho State Department of Agriculture has approved 2,577 acres of hemp production in 2024 so far, up from 459 acres in 2022 and 1,274 acres in 2023. However, the number of entities producing and/or handling hemp in Idaho is down in 2024, dropping from twenty three in 2023 to twenty in 2024. “A hemp…
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46 Ohio Cannabis Facilities Have Qualified For Adult-Use Provisional Licenses
As of noon on Friday, Ohio regulators have granted provisional recreational cannabis business licenses to 46 facilities. The provisional licenses are ‘dual-use’ and were granted to existing medical cannabis businesses. According to Jamie Crawford with the Ohio Division of Cannabis Control the dual licenses are “issued as a placeholder while the provisional licensee works to…
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Long Beach Cannabis Taxes Reduced By 1-4%
California’s legal cannabis industry has struggled to compete with the state’s unregulated market in recent years. The 2024 Q1 sales totals in California are the lowest since the second quarter of 2020 when total sales were roughly $1.1 billion. Sales totals peaked in California in 2021 Q2 when the state’s legal cannabis industry sold over…
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Canada’s Legal Cannabis Retail Sector Shrank In Spring 2024
Canada remains the largest national cannabis commerce public policy experiment on the planet. The North American country legalized cannabis for adult-use in 2018, including regulated sales through licensed retail outlets. According to recent reporting by StatCann, the nation’s legal cannabis retail footprint shrank slightly in recent months. “The number of retail stores across Canada also declined…
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Santa Barbara’s Cannabis Farming Sector Expanded By 45% Last Year
California’s legal cannabis market remains the largest in the nation, despite the state’s emerging industry experiencing growing pains in recent years. California was the first state to legalize cannabis for medical use in 1996, and voters approved recreational cannabis legalization in 2016. Santa Barbara County, located in Southern California, has a population of roughly 445,000…
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Global Medical Cannabis Market Projected To Be Worth $121.33 Billion By 2033
The global medical cannabis market is projected to be worth an estimated $121.33 billion by 2033 according to a new analysis by Spherical Insights. Spherical Insights describes itself as “a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and…
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10% Of Surveyed German Adults Report Consuming Cannabis ‘Regularly’
In a nationwide online survey conducted in May 2024 by Pronova BKK involving 1,000 people in Germany aged 18 and over, 10% of survey respondents reported consuming cannabis ‘regularly.’ Over a quarter of respondents reported using cannabis ‘occasionally.’ “More than a quarter of Germans consume cannabis occasionally, including more than half of Generation Z.” stated…
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Areas Surrounding ‘High-Volume’ Florida Dispensaries Have Lower Rates Of Crime
Researchers in Ohio and Texas have analyzed city block-level crime data from Florida and cross examined it against ‘high volume’ dispensary locations in the state and found reductions in certain types of crime following the opening of high-volume dispensaries. Increased foot traffic was the likely reason for the decrease in crime in those areas according…
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What Is The THC Limit For CBD Products In Japan?
In December 2023, Japan’s Parliament approved legislation that will overhaul the nation’s cannabis policies and regulations. Japan’s new cannabis laws permit the importation of cannabis-derived medications. The policy change was hailed by many observers as a great thing at the time since Japan had previously not permitted such commerce, however, part of the policy change…