Category: CBD And Hemp Data
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CBD Products Associated With Runners Reporting Less Anxiety And Perceived Exertion
The sports cannabis movement was started by former NBA All-Star Clifford Robinson roughly a decade ago. While cannabis use by professional athletes was not new at the time, the sports cannabis sector with products specifically designed for athletes did not exist prior to Clifford Robinson announcing his entrance into the cannabis industry. These days, the…
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Tennessee Hemp Product Sales Have Generated Over $10 Million In Tax Revenue
Tennessee, like many other states, has a thriving hemp-derived product market. Demand for products derived from hemp that contain cannabidiol and/or ‘alternative cannabinoids’ such as delta-8 and THCa have increased significantly in recent years. The hemp industry in Tennessee is in flux on the regulatory side, with new rules recently taking effect. For example, edible…
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Argentina To Complete First Ever Cannabis Export Totaling 730 Kilos
Cannava S.E., a government-held cannabis company based in the Jujuy province of Argentina, has announced that it is making the country’s first exports of high-CBD, low-THC flower to other nations. The government-held company is reportedly exporting 200 kilos of flower to Australia, 400 kilos to Portugal, and 130 kilos to Germany. “Gastón Morales, the company’s…
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Global CBD Pet Product Market Worth An Estimated $693.4 Million In 2023
The global cannabidiol (CBD) pet market was worth an estimated $693.4 million in 2023 according to a recent market analysis by Global Market Insights. The CBD pet product market is projected to grow at an estimated 18.2% CAGR from 2024 to 2032. Market growth will be driven by “growing pet ownership coupled with increasing awareness…
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Researchers Find That CBD May Improve Acne Scarring
Researchers have determined that cannabidiol (CBD) “addressed multiple facets of acne pathophysiology and improved acne scarring overall” in a recent study. The study’s findings were published by Dermatology Times. The team of investigators explored CBD’s reported anti-inflammatory and lipid-modulating properties by preparing “CBD at 6 different concentrations: 0.1, 1, 5, 10, 50 and 100 µM”…
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University Of Missouri Researchers Suggests Using Hemp To Boost Grazing Pastures
Frequent droughts in Missouri in recent years have livestock producers exploring different crops that may be more adaptable for summer pasture options compared to common pasture crops. Researchers at the University of Missouri have studied hemp for this purpose, and their findings are promising. The hemp plant uses considerably less water to produce a solid…
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Charlotte’s Web CBD Products Debut In 827 Walmart Stores Across Five States
Charlotte’s Web is a Colorado-based B Corp company specializing in the creation, distribution, and sales of cannabinoid-based products. The company describes itself on its website as starting “as a mission, not a company. In the early days, our extract was something we gave away to help those who could benefit from it. Ten years later,…
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Canada’s Hemp Industry Continues To Shrink
As Canada’s legal adult-use cannabis industry has increased in size and scope in recent years, the same cannot be said about the nation’s hemp industry. According to Canadian government data, the number of industrial hemp licenses issued has trended downward in recent years. Below is the number of licenses issued by year: 2018: 542 licenses…
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How Many Hemp Dispensaries Are Located In Houston, Texas?
In 2018, the U.S. Farm Bill legalized industrial hemp cultivation across the country, including in the State of Texas. In 2019, Texas passed state-level hemp legislation to implement a regulatory framework for the state’s emerging hemp industry. “Here in Texas, House Bill 1325 was signed into law in June 2019 and authorizes the production, manufacture,…
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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…