Tag: united kingdom
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U.K. CBD Market Projected To Top $5 Billion In Value By 2030
The United Kingdom’s emerging cannabidiol (CBD) industry is projected to top $5 billion in value by 2030 according to a new market analysis by Vantage Market Research. Hemp-derived CBD products have grown in popularity at an exponential rate in recent years, including in the United Kingdom. “The U.K. Cannabidiol Market was valued at USD 1355.6…
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Medical Cannabis Packaging Market Projected To Reach $117.2 Billion By 2032
The global cannabis packaging market is projected to reach $117.2 billion in value by 2032 according to a recent analysis by Astute Analytica. The entity describes itself as “a global analytics and advisory company.” “The global medical marijuana packaging market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 117.2 billion…
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UK Doctors Have Prescribed Medical Cannabis To Over 30,000 Patients
The United Kingdom first adopted its current limited medical cannabis policies in November 2018. Since that time, tens of thousands of suffering patients have been prescribed medical cannabis products. “Medical cannabis has been legal on prescription in the UK since November 2018, and an estimated 30,000 people use it,” the Byline Times stated in its recent…
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Poll Finds Majority Support For Legalizing Cannabis Sales In The UK
A poll of United Kingdom citizens was recently conducted by the National Centre for Social Research in which members of UK society were asked about their opinions regarding cannabis policy modernization efforts in the UK. The poll found a strong majority of support for legalizing cannabis sales in nearly every age group. “For over 50…
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Germany And UK Projected To Have 77% Of Europe’s Medical Cannabis Market By 2028
Germany and the United Kingdom are projected to control an estimated 77% of Europe’s emerging legal medical cannabis market by 2028 according to a new analysis by The Dales Report. “This growth is driven by both expanding legal frameworks and an increasing acknowledgment of the therapeutic benefits of cannabis. As both nations continue to refine…
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European Medical Cannabis Market Projected To Be Worth $9.7 Billion By 2028
Many countries on the European continent now permit legal medical cannabis commerce activity, ranging from the limited importation of cannabis-derived pharmaceutical and CBD products to large-scale medical cannabis programs and sales, such as what is in place in Germany. According to a recent market analysis by Research and Markets, the emerging legal European medical cannabis…
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How Many Hemp Licenses Were Active In The United Kingdom In 2023?
The global hemp industry is far from being a new thing. For many centuries humans have used the hemp plant to make a number of things, from medicine to textiles. It wasn’t until the 1900s that hemp started to be prohibited by governments due to the forces of special interest groups. Thankfully, the global hemp…