Category: Geographical Data
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Morocco Has Issued 2,905 Permits For Legal Cannabis Production
Few nations are as well-known for their cannabis as the North African country of Morocco. Morocco’s cannabis products, particularly Moroccan hash, are very popular among consumers, especially in Europe. For decades Morocco’s unregulated cannabis farmers have supplied the European continent’s cannabis consumers, with Spain being a top destination for Moroccan cannabis harvests. However, in recent…
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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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Cannabis Industry Projected To Add $112.4 Billion To U.S. Economy In 2024
The emerging legal cannabis industry in the United States is projected to add roughly $112 billion to the nation’s economy in 2024 according to a newly released analysis by MJBiz Daily. The projection is part of the company’s 2024 MJBiz Factbook. “The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in…
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Researchers Determine Legal Cannabis Sales Not Associated With Increased Youth Consumption
Currently, 24 states and the District of Columbia have passed adult-use legalization measures, with several states permitting regulated recreational cannabis sales as part of their legalization models. Colorado and Washington State were the first to passed such measures, with legal sales beginning in both states in 2014. According to research recently published by the American…
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How Much Legal Cannabis Was Sold On 4/20 In 2024?
April 20th is the most popular day of the year for cannabis consumption, with the date serving as the annual day of celebration for the global cannabis movement, particularly in the United States where the tradition is reported to have started in the 1970s. Every year licensed cannabis retailers across the country try to gain…
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How Big Is Slovenia’s Cannabis Industry In 2024?
Slovenia has so far been slower to modernize its cannabis policies compared to some of its European counterparts such as Malta and Germany. Still, there is an emerging domestic cannabis industry in Slovenia, largely based around CBD products. Cannabis is not technically legal in Slovenia, although personal possession in considered to be a minor offense.…
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U.S. Industrial Hemp Market Valued At $291 Million In 2023
The United States Department of Agriculture (USDA) has released its annual hemp industry report. According to the USDA, “In 2023, the value of hemp production in the open and under protection for the United States totaled $291 million, up 18 percent from 2022.” “Planted area for the Nation in 2023 for all utilizations totaled 27,680…
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How Many Medical Cannabis Patients Are Registered In North Dakota?
North Dakota first legalized cannabis for medical use in November 2016 when voters in the state approved Measure 5. The successful vote took place four years after voters in North Dakota rejected a similar measure. “The measure calls for legalizing marijuana to treat some medical conditions, such as cancer, AIDS and hepatitis C. Patients would…
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How Much Money Has The Massachusetts Cannabis Social Equity Trust Fund Awarded?
The Massachusetts Cannabis Social Equity Trust Fund was established in 2022 by the State of Massachusetts to “provide financial assistance to eligible applicants for the purpose of encouraging the full participation in the state’s regulated marijuana industry of entrepreneurs from communities that have been disproportionately harmed by marijuana prohibition and enforcement.” The Cannabis Social Equity…
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How Many CBD Consumers Are There In Japan?
A March 2023 analysis by Comprehensive Research Report found that the global cannabidiol (CBD) market is projected to reach $59.43 billion by 2030. The researchers estimated that the global CBD market was worth $18.43 billion in 2022. One nation where CBD products are growing in popularity is Japan. Japan boasts one of the lowest cannabis consumer…