Author: Cannabis Data
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How Much Will Florida’s Recreational Cannabis Market Be Worth?
Medical cannabis is currently legal in Florida, and the state’s legal medical cannabis industry is massive, with the state’s industry currently serving over 882,000 registered patients. In November, Florida voters will decide on a recreational cannabis legalization measure that would, in addition to other things, legalize adult-use sales. According to cannabis industry data company Headset,…
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How Big Will Ohio’s Legal Recreational Cannabis Industry Be Once It Launches?
Ohio became the 24th state to approve adult-use cannabis legalization when the state adopted the policy change in 2023. Legal recreational cannabis sales are expected to launch next month in Ohio, which begs the question, “how big will Ohio’s legal recreational cannabis industry be once it launches?” According to cannabis industry data company Headset, “Ohio…
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Which U.S. State Grows The Most Floral Hemp?
For many years the hemp plant was largely used to make textiles and other non-consumable goods. However, in recent years demand for consumable, sometimes intoxicating hemp products has increased dramatically. The rise of floral hemp in the United States came about after the passage of the 2018 Farm Bill, which legalized hemp production nationwide. According…
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Canada Sold C$414.1 Million Worth Of Legal Cannabis Products In March 2024
Canada’s emerging legal cannabis industry sold C$414.1 million worth of cannabis products in March 2024, up 7.1% compared to February 2024. Canada first legalized adult-use cannabis sales in October 2018. “The sales were up just 1.9% from a year ago. This was down from the 19.8% August growth rate and up from the lowest annual…
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How Many Medical Cannabis Patients Are Registered In Florida?
In 2016, voters in Florida approved Amendment 2 which legalized cannabis for medical use in the state. The measure passed with 71% of the vote on Election Day. Below is a list of qualifying conditions for Florida’s medical cannabis program: Cancer Epilepsy Glaucoma HIV/AIDS Crohn’s disease Parkinson’s disease Multiple sclerosis (MS) Medical conditions of the…
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Global Cannabis Testing Market Worth An Estimated $1.8 Billion In 2024
The global cannabis testing market is projected to be worth an estimated $1.8 billion in 2024 according to a new market analysis by Markets and Markets. The testing market is projected to increase to $4 billion in value by 2029 (CAGR of 17.2%). “The important factors impacting market growth are legalization trends and rising medical…
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73% Of Americans Want Legalization To Benefit Cannabis Workers
The Parabola Center has released the results of a recently conducted survey which found that 73% of poll participants want cannabis legalization to benefit employees that work in the emerging legal cannabis industry. According to its website, the Parabola Center is “a nonpartisan think tank of legal professionals and drug policy experts coming together to…
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Study Finds ‘No Increase’ In Hospitalizations Following Canadian Legalization
Canada became the first G-7 nation to legalize cannabis for adult use in 2018, and only the second country on earth to adopt recreational legalization behind Uruguay which passed its national legalization measure in 2013. Anti-cannabis headlines surfaced this week regarding a study conducted in Ontario which found that ER visits have increased among senior…
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Poll Finds Majority Support For Legalizing Cannabis Sales In The UK
A poll of United Kingdom citizens was recently conducted by the National Centre for Social Research in which members of UK society were asked about their opinions regarding cannabis policy modernization efforts in the UK. The poll found a strong majority of support for legalizing cannabis sales in nearly every age group. “For over 50…
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Daily Cannabis Use Outpaced Daily Alcohol Use For First Time In U.S.
The cannabis consumer base in the United States is starting to outpace the alcohol consumer base, at least when it comes to daily use. According to freshly published results of an analysis involving several decades of usage data, daily cannabis use outpaced daily alcohol use in the U.S. in 2022. A research effort led by…