Tag: tinctures
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How Big Is Delaware’s Legal Medical Cannabis Industry?
Lawmakers in Delaware first legalized cannabis for medical use back in 2011. In May 2024, Democratic Gov. John Carney signed HB 285 into law expanding medical cannabis access. Suffering patients in Delaware can now qualify for legal medical cannabis if their doctor recommends it regardless of the condition. Also, seniors can now self certify as…
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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…
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How Many Medical Cannabis Patients Are Registered In Washington D.C.?
Local lawmakers approved a medical cannabis legalization measure in May 2010. A component of the measure allowed the launch of eight initial medical cannabis dispensaries in the Washington D.C. area. In January 2023, the Medical Cannabis Amendment Act of 2022 became effective. The measure overhauled Washington D.C.’s medical cannabis program, making the program more accessible…
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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…