Author: Johnny Green

in CBD And Hemp Data, Sector Data

Demand for hemp-derived concentrates and oil, particularly for making cannabidiol (CBD) therapeutic products, is increasing with every passing year as more and more jurisdictions permit such products to be sold and more CBD-focused scientific research is conducted. Whereas medical cannabis products containing tetrahydrocannabinol (THC) are still strictly regulated in many countries around the globe, if…

Oceania Industrial Hemp Market To Reach $130 Million By 2034

Jul 22, 2025

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in CBD And Hemp Data, Geographical Data

The industrial hemp market is far from being a new thing. To highlight that point, consider that archaeologists have discovered pieces of woven hemp fabric from ancient Mesopotamia in what is modern-day Iraq and Iran that date back to 8,000 BCE. Hemp can be used to make many different things, including textiles, medicine, and food…

Cannabis Technology Sector Projected To Reach $23.7 Billion By 2030

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in Sector Data

Few global industries are as exciting from an emerging technology standpoint as the international cannabis industry. The legal cannabis industry is made up of several sectors and subsectors, almost all of which are harnessing technology in some way. As the cannabis industry continues to expand to new jurisdictions and grows in size and scope in…

Vertical Cannabis Farming Could Become A Major Sector

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in Sector Data

The way that cannabis is cultivated has come a long way and become more sophisticated in recent decades. To be sure, cannabis is still cultivated ‘the old-fashioned way’ using nothing more than soil, water, and the sun. However, commercial cultivation operations are incorporating newer techniques and technologies at an increasing rate as licensed cannabis producers…

Estimated 2024 Global Cannabis Drinks Market Value Was $1.3 Billion

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in Sector Data

Cannabis can be consumed in many forms, with cannabis infused drinks and beverages being a particularly popular consumption method among consumers and patients in recent years. According to a recent report published by market analysts affiliated with Research and Markets, the sector is expected to experience significant growth in the coming years. “The global market…

Alberta Consumers Spend The Most On Cannabis Annually

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When it comes to Canadian cannabis consumers, not all provinces and territories are the same from the perspective of annual spending on regulated cannabis products. One province, Alberta, stands out from the rest. “Albertans led the country in legal cannabis consumption by a substantial margin last year, with an average of $248 spent per person…

Legal Cannabis Sales Could Create 17,000 Jobs In Victoria

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A concerted push has been underway to legalize cannabis for adult use in Australia, including in the Australian state of Victoria. According to a new report compiled and published by the Penington Institute, permitting legal adult-use cannabis sales could create a significant number of new jobs in the area. “Legalising cannabis for adult use could…

What Is The Most Popular Way To Get Legal Uruguay Cannabis?

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Uruguay will forever hold the distinction of being the first country to ever adopt a national adult-use cannabis legalization measure. Lawmakers in Uruguay approved a historic recreational cannabis legalization measure in 2017. Adult cannabis consumers who are residents of Uruguay have three ways to acquire recreational cannabis legally, and have to choose one (and only…

Nearly 80% Of Cannabis Users Consume For Medical Purposes

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