Author: Johnny Green
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77% Of Consumers In Legal Markets Buy Most Or All Of Their Cannabis From Regulated Stores
NuggMD, an online platform for medical cannabis patients seeking doctor approval (among other things) in 28 states, describes itself as “a team of technology enthusiasts, doctors, and cannabis patients on a mission to help people everywhere understand how cannabis can improve their lives and wellbeing.” The online platform recently conducted a poll in which it…
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Prices For Legal Ohio Cannabis Is 5 Times More Expensive Compared To Michigan
A common trend when a state first launches legal adult-use cannabis sales is that products are initially more expensive compared to years after the launch of legal sales. There are two main contributing factors to the trend. The first, which is pretty obvious, is that demand outpaces supply. When a state initially launches legal sales,…
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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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Which U.S. Cities Consume The Most Cannabis?
The Center For Advancing Health (CFAH) recently conducted an analysis in which it (among other things) ranked cities by how much cannabis they consume annually. CFAH describes itself as a “team of health experts specializing in different medical fields and writing about various medical topics.” CFAH’s analysis was further examined by media outlet Insider Monkey, with the…
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Europe’s Medical Cannabis Oil Market Projected To Be Worth Nearly $2.4 Billion By 2032
Europe’s emerging medical cannabis oil market is projected to reach an estimated value of nearly $2.4 billion by 2032 according to a new market analysis by Astute Analytica. The market research entity describes itself as “a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible…
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Approving Hemp Seed Meal For Laying Hens Would Be A Gamechanger
The hemp plant was once one of the greatest agricultural crops in the United States. Used primarily for making textiles, it wasn’t until the rise of prohibition that the hemp plant went out of favor among farmers in the U.S. In recent years, the hemp plant has made a huge comeback in the U.S., thanks…
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Ohio Officials Estimate That Cannabis Tax Revenue Could Top $206 Million Per Year
As Ohio continues its seemingly drawn out process of launching long-awaited recreational cannabis sales, Ohio officials are predicting that the state’s eventual adult-use cannabis market will generate over $200 million in tax revenue. “The state is estimating that tax revenue could be up to $206 million a year. Recreational marijuana products will be taxed 5.75%…
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Pre-Rolls Generated Over $1.3 Billion In Legal U.S. Sales In The Last Year
Cannabis joints are far from being a new thing, however, in recent decades legal markets in the United States have witnessed a significant rise in popularity for ‘pre-rolled’ joints. Pre-rolls are exactly what they sound like – joints that are pre-rolled for consumers to purchase. Pre-rolls are very convenient, and are usually sold in either…
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Survey Finds 80% Of Cannabis Businesses Support Regulating Intoxicating Hemp Products
Scientifically speaking, hemp and cannabis are the same crop. However, in the legal arena hemp and non-hemp cannabis are two different things. At the federal level in the United States, cannabis harvests containing .3% THC or less qualify as ‘hemp,’ whereas crops with THC percentages above that threshold are ‘cannabis’ and remain prohibited outside of…
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Cannabis Rescheduling Would Create Over 55,000 New U.S. Jobs According To Trade Group
Cannabis is currently a Schedule I controlled substance at the federal level in the United States. If a current proposal to reschedule cannabis to a lower status is approved, it could create over 55,000 new jobs according to a report by the Minority Cannabis Business Association (MCBA). “Moving cannabis to Schedule III and the resulting…