Category: Sector Data
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Cannabis Products In Portugal Are Often Mislabeled According To New Study
A team of researchers based in Portugal and the United Kingdom recently conducted a study that examined cannabinoid levels in products in Portugal. They found that many of the products were mislabeled and did not contain the levels of cannabinoids that were listed on the product’s labels. “Our study, conducted with products available in Portugal,…
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Flower Makes Up 49% Of Legal Cannabis Purchases In Illinois
The emerging legal cannabis industry in the State of Illinois passed a major milestone on July 1st, having sold over $1 billion worth of legal cannabis products in 2024. Illinois’ legal industry reached the $1 billion mark faster in 2024 than it did in 2023. “Governor JB Pritzker announced today that Illinois reached $1 billion…
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49% Of Home Cannabis Cultivators Get Their Grow Information From The Internet
According to recent survey results published by New Frontier Data, 49% of people who cultivate their own cannabis turn to the internet for guidance and information. The rest of the survey participants indicated that they “lean on friends, family, or their own green thumbs.” “Seeds are slightly more popular than clones, with 44% opting for…
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How Many Students Have Participated In Worcester Polytechnic Institute’s Cannabis Certificate Program?
Worcester Polytechnic Institute (WPI) is a private research university in Worcester, Massachusetts. The educational institution is one of a growing list of colleges and universities offering courses related to the emerging legal cannabis industry. “Green Flower partnered with WPI and launched the online program in September 2022. The program offers five different certifications: health care…
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Worldwide Cannabis Capsule Market Projected To Reach $79.2 Billion By 2028
The global cannabis capsule market is projected to reach an estimated $79.2 billion in value by 2028 according to a new market analysis by The Business Research Company. The company states that it “has published over 27 industries, spanning over 8000+ markets and 60+ geographies.” “The cannabis capsule market has experienced robust growth in recent…
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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…
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Cultivation Study Highlights Environmental Need For Legalizing Interstate Cannabis Commerce
It doesn’t take a genius to understand that cultivating cannabis outdoors under the sun has less of an environmental impact compared to cultivating cannabis indoors under artificial lighting. However, recently published research findings have quantified the difference between the two cultivation methods. The results of the study, which were initially reported by Marijuana Moment, found…
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Cannabis Reform Is Boosting Projected Sales For Grow Lights
A new market analysis by Research and Markets has determined that the global grow lights market is “expected to reach USD 6.4 billion by 2029 from USD 2 billion in 2024, at a CAGR of 26.5% during the 2024-2029 period.” Research and Markets points to the spread of cannabis reform across the globe as a…
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Global Cannabis Testing Market Projected To Reach $2.4 Billion By 2027
Allied Market Research recently published a new report titled, “Cannabis Testing Market by Product, Test Type, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2027,” and the report is projecting significant growth for the global cannabis testing sector. “The global cannabis testing market was valued at $ 1,029 million in 2019, and is projected…
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Global Cannabis Food And Beverage Market Projected To Reach $2.63 Billion By 2026
The legal worldwide cannabis food and beverage market is projected to reach an estimated $2.63 billion by 2026 according to a new report by Allied Market Research. The projected increase in market value is attributed to cannabis policy modernization efforts around the globe and increased consumer demand. “According to a new report published by Allied…