Tag: canada
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Cannabis Edibles Market Projected To Reach $27.2 Billion By 2030
The global cannabis edibles market is projected to reach $27.2 billion by 2030 according to a market analysis by Fairfield Market Research. For comparison purposes, the same researchers estimated that the global cannabis edibles market was worth $9.6 billion in 2022. “This robust growth will be driven by a multitude of factors, including shifting consumer…
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Cannabis Flower Accounts For 64.9% Of Legal Canadian Sales
Canada was the first G-7 nation to pass a national adult-use cannabis legalization measure when it did so in 2018, and Canada was just the second nation to ever pass such a measure, only behind Uruguay which legalized in 2013. Yet, unlike Uruguay, Canada permits nationwide adult-use sales to all adults regardless of residency status.…
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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 Cannabis Testing Market Was Worth An Estimated $2.54 Billion In 2023
The emerging legal global cannabis industry is currently a patchwork of laws and regulations, with policies differing from jurisdiction to jurisdiction. However, one common component of regulated markets is the requirement that cannabis harvests be tested for contaminants. Most legal markets also require testing to determine various cannabinoid levels. Cannabis testing serves an important role…
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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…