Category: CBD And Hemp Data
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Global Hemp Fiber Market May Surpass $30.13 Billion By 2033
Humans have a long history of making use of hemp fiber. In fact, 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. Zoom forward to modern times, and hemp fiber is a booming sector of the global industrial hemp industry.…
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Global Hemp Oil Market To Reach $27.6 Billion By 2032
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…
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Oceania Industrial Hemp Market To Reach $130 Million By 2034
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…
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How Big Is Croatia’s Cannabis And Hemp Industries In 2025?
Croatia is one of the most popular countries in Europe for cannabis activity. Cannabis is considered to be a ‘soft drug’ in Croatia, with personal possession being penalized with a fine versus jail time. Adults caught with a personal amount of cannabis in the European country face a fine between €650-2,600. While non-hemp recreational cannabis…
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How Big Is Belgium’s Cannabis Industry In 2025?
Whereas data from the emerging legal cannabis industry of various nations is fairly easy to locate, it appears that this is not the case for Belgium. The European nation is home to a legal cannabis industry, but pinning down how big it currently is is not easy. For this article, Belgium’s industrial hemp sector is…
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How Big Is Austria’s Cannabis Industry In 2025?
Demand for low-THC cannabis products in Austria is considerable. Such products, often referred to as ‘cannabis light,’ were widely available in the European country in recent years, although they have been subject to an increasing amount of focus by cannabis opponents, regulators, and policymakers in Austria. Earlier this year, Austria’s Ministry of Finance determined that…
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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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Tennessee Hemp Product Sales Have Generated Over $10 Million In Tax Revenue
Tennessee, like many other states, has a thriving hemp-derived product market. Demand for products derived from hemp that contain cannabidiol and/or ‘alternative cannabinoids’ such as delta-8 and THCa have increased significantly in recent years. The hemp industry in Tennessee is in flux on the regulatory side, with new rules recently taking effect. For example, edible…
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Argentina To Complete First Ever Cannabis Export Totaling 730 Kilos
Cannava S.E., a government-held cannabis company based in the Jujuy province of Argentina, has announced that it is making the country’s first exports of high-CBD, low-THC flower to other nations. The government-held company is reportedly exporting 200 kilos of flower to Australia, 400 kilos to Portugal, and 130 kilos to Germany. “Gastón Morales, the company’s…
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Global CBD Pet Product Market Worth An Estimated $693.4 Million In 2023
The global cannabidiol (CBD) pet market was worth an estimated $693.4 million in 2023 according to a recent market analysis by Global Market Insights. The CBD pet product market is projected to grow at an estimated 18.2% CAGR from 2024 to 2032. Market growth will be driven by “growing pet ownership coupled with increasing awareness…