Author: Cannabis Data
-
Global Hemp Fiber Market Projected To Reach $73.55 Billion By 2030
Humans have used the hemp plant to make fibers for a multitude of purposes for centuries. In fact, archaeologists and historians have confirmed that ancient civilizations in China used hemp fiber to make pottery going as far back as 4,000 BCE. Hemp fiber has a number of uses, including but not limited to: Making paper…
-
CBD Skin Care Market Forecast To Reach $14 Billion By 2030
Certain sectors of the emerging legal cannabis industry have the potential to experience a massive boost in demand in the coming years for various reasons, and one of those sectors is cannabis topicals and skin care. According to Grand View Research, the global skin care market was worth an estimated $135.83 billion in 2022. Cannabis…
-
What Percentage Of Canadians See Cannabis Advertisements Or Promotions?
Canada became the second country to ever pass a national adult-use cannabis legalization measure when it implemented its new law in 2018. The only other country to have passed a national adult-use cannabis legalization law before Canada was Uruguay in 2018. As the first G-7 nation to permit national recreational cannabis sales, Canada has served…
-
Are Legal Cannabis Sales Associated With An Increase In Youth Consumption Rates?
A common prediction made by cannabis opponents leading up to the legalization of adult-use cannabis sales in a given jurisdiction involves a potential spike in cannabis consumption rates among young people. However, a team of researchers from the University of Nevada (Reno), the University of New Mexico, and the New Mexico Department of Health recently…