Author: Cannabis Data
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In 2023 Germany Imported 34.6 Tons Of Cannabis Products
Germany is currently home to the largest legal medical cannabis market in Europe, and also home to the third largest overall economy on Earth. Due to historical quota limitations on domestic medical cannabis production, Germany has imported a lot of the supply for its medical cannabis program from other nations. According to data recently published…
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67% Of Colorado Voters Still Support Regulating Cannabis Sales
Colorado, along with Washington State, passed an adult-use legalization measure in 2012 on Election Day. The two states were the first to ever pass statewide recreational cannabis legalization measures, and due to Colorado being in a different time zone, it was technically the very first state to legalize. The first legal recreational cannabis purchase in…
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Legal Canadian Cannabis Sales Dropped In February 2024
Canada became the first G-7 nation to adopt a national recreational cannabis legalization measure back in 2018, and the second country to ever pass a national adult-use legalization measure, only behind Uruguay which passed legalization in 2013. The recreational Canadian market is the largest national adult-use market on the planet, with consumers having a number…
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Medical Cannabis Sales In Arkansas Reached $44.8 Million In February And March 2024
According to Arkansas’ Department of Finance and Administration, registered Arkansas medical cannabis patients bought $44.8 million worth of medical cannabis products in February and March 2024. “The DFA reported that in February, patients spent $22.1 million to purchase 5,612 pounds. In March, they spent $22.7 million to buy 6,069 pounds.” stated KAIT8 in its initial…
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Arkansas’ Medical Cannabis Program Surpasses 100,000 Patients Mark
On November 8, 2016, Arkansas voters approved Amendment 98 which legalized cannabis for medical use by suffering patients in the state. The measure was approved by 53% of Arkansas voters, making Arkansas the 33rd state in the United States to adopt a medical cannabis legalization measure. In 2017, the Arkansas Legislature made various revisions to…
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Legal Cannabis Sales In Arizona Topped $1.4 Billion In 2023
Legal cannabis sales in Arizona totaled more than $1.4 billion in 2023, marking the third consecutive year that the state surpassed the $1.4 billion sales total. Arizona’s legal cannabis market continues to transition more toward recreational cannabis sales and less medical cannabis sales. On November 2, 2010, Arizona voters approved the state’s medical cannabis initiative…
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Global Hemp Clothing Market Size Projected To Reach $23.02 Billion By 2031
The global hemp clothing market is projected to experience significant growth in the coming years, reaching an estimated $23.02 billion by 2031 according to a market analysis by Allied Analytics LLP. “The global Hemp Clothing Market Size was valued at $2.29 billion in 2021, and is projected to reach $23.02 billion by 2031, growing at…
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Research And Markets Projects $561 Million Global Hemp Fiber Market By 2029
Industry researchers at Research and Markets estimate that the global hemp fiber market will be worth $378.56 million dollars in 2024, and that it will increase in value to a projected $561.8 million by 2029. “The global hemp fiber market is experiencing remarkable growth driven by increasing awareness of its environmental benefits and versatile applications.…
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Global Hemp-Based Foods Market To Reach $8.36 Billion By 2028 Per Report
The global hemp-based foods market is projected to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report, “Hemp Based Foods Global Market Report 2024”. “The hemp based foods market size has grown strongly in recent years. It will grow from $5.45 billion in 2023 to $5.94 billion in 2024 at…
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Global CBD Industry Estimated To Be Worth $36.6 Billion By 2033
The global cannabidiol (CBD) market was worth an estimated $7.6 billion in 2023 according to a market analysis by Market.us, and will climb to a projected $36.6 in value by 2033. “Between 2023 and 2032, this market is estimated to register the highest CAGR of 27%.” the researchers stated. “Because of its therapeutic benefits, there…