Author: Cannabis Data
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Global Hemp Milk Market Projected To Reach $812 Million By 2032
Global demand for milk is enormous. According to Market Data Forecast, “the global milk market is expected to be worth USD 1,047.80 billion in 2024. It is expected to grow at CAGR of 8.2% during the forecast period and reach a value of USD 1,553.87 billion by 2029.” Dairy milk continues to dominate the global…
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How Big Is The Cannabis Industry’s Market Potential In France?
France is home to one of the largest cannabis consumer bases on earth. With a total population of roughly 68 million people, an estimated 10.6% of French adults reported having consumed cannabis within the last year according to a 2022 survey conducted by the French Observatory of Drugs and Addictive Tendencies in partnership with the…
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How Big Is The Czech Republic’s Cannabis Market Potential?
Political leaders in the Czech Republic have previously indicated that they would pursue the passage of a national adult-use cannabis legalization measure once Germany had passed its own adult-use legalization measure. Germany implemented the first provisions of its national legalization measure on April 1, 2024. How long it will take the Czech Republic to pass…
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31% Of Cannabis Consumers Report Spending $100+ Per Month On THC Products
The emerging legal cannabis industry in the United States is spreading thanks to the tireless work of cannabis advocates across the country. Cannabis is now legal for adult-use in 24 states and the District of Columbia, and several more have adopted medical cannabis legalization measures. Cannabis commerce is widespread now too. The Pew Research Center…
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Global Cannabis Concentrate Market Projected To Cross $2.4 Billion By 2030
Cannabis concentrates have grown in popularity in recent decades among consumers and patients. That rise in popularity is paralleled by a rise in supply by cannabis concentrate creators, and the types of cannabis concentrates that consumers and patients have to choose from continues to expand. Concentrated forms of cannabis is not a new thing. Hashish…
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Top 5 Cannabis Industry POS Providers Account For 67% Of U.S. Market Share In 2024
When many people think about the emerging legal cannabis industry, they likely have visions in their mind of large cannabis cultivation facilities and retail dispensaries. While those things are certainly a part of the legal cannabis industry, there is more to the industry than just production and sales. The ancillary cannabis industry that helps provide…
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Global Industrial Hemp Market Estimated To Grow By $6.87 Billion From 2023 To 2027
The global industrial hemp market is set to increase in size by a considerable amount in the coming years according to a new projection from Technavio. Technavio is a global technology research and advisory company that “focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies…
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9% Of United States Adults Report Using Cannabis Regularly
Cannabis remains illegal at the federal level in the United States, however, 24 states and the District of Columbia have modernized their cannabis policies to permit recreational cannabis use by adults. Many more permit cannabis for medical use. The results of a new Gallup survey are out, in which adult cannabis consumers across the United…
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Cannabis Packaging Market Projected To Surpass $13.17 Billion By 2030
As with all mainstream products, many cannabis products come in custom packaging. Anyone who has ever visited a licensed dispensary quickly learns that cannabis packaging comes in many forms, from very rudimentary packaging all the way to packaging that is very polished and well thought out. Cannabis packaging is big business too. According to a…
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Which State Has The Cheapest Prices For Legal Cannabis?
Currently, 24 states in the U.S. plus the District of Columbia have passed adult-use cannabis legalization measures. Several more have approved medical cannabis legalization measures, and many of those adult-use and/or medical use states permit consumers and patients to make legal purchases from licensed retailers. Of the markets that allow legal recreational cannabis sales to…