Tag: edibles
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Study: Prices For Legal And Illegal Canadian Cannabis Have Narrowed
A team of international investigators recently conducted a study examining cannabis prices for regulated and unregulated cannabis products in Canada. Lawmakers in Canada adopted national adult-use legalization in 2018, including the legalization of sales of recreational cannabis products. The study’s findings were published in the journal Drug and Alcohol Review. “The price of cannabis has important…
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Which Type Of Cannabis Products Are Popular In Canada?
Canada first legalized cannabis for adult use in 2018, becoming the first G-7 nation to adopt a national recreational cannabis legalization measure. The only country to adopt a national adult-use legalization measure before Canada was Uruguay, but Uruguay limits legal recreational cannabis sales to residents. Zoom forward to today, and Malta, Luxembourg, Germany, South Africa,…
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Global Cannabis Edibles Market Could Top $48.7 Billion By 2030
Cannabis edibles are the preferred consumption method for many patients and consumers because they are a smokeless form of cannabis consumption. Cannabis edibles are a significant business, as demonstrated by a recent international market analysis. Analysts affiliated with Research and Markets estimate that “the global market for cannabis edibles was estimated at US$14.8 billion in…
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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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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…
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How Many Cannabis Consumers In New York Use Weedmaps?
On March 31, 2021, New York State legalized adult-use cannabis when lawmakers passed the Marijuana Regulation & Taxation Act. Additionally, New York’s Governor signed legislation in July 2014 that legalized medical cannabis in the state. The first legal adult-use cannabis sale occurred in New York State on December 29, 2022, at Housing Works Cannabis Co,…
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Does Canada Produce Too Much Legal Cannabis?
Canada’s legal cannabis industry is good at producing cannabis products. In fact, it’s likely a bit too good at producing such products. Canada first legalized cannabis for recreational use in October 2018, and by August 2020, companies in Canada already had an excess of roughly 600,000 kilograms of unpackaged dried flower and 46,413 more kilograms…
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How Big Is Delaware’s Legal Medical Cannabis Industry?
Lawmakers in Delaware first legalized cannabis for medical use back in 2011. In May 2024, Democratic Gov. John Carney signed HB 285 into law expanding medical cannabis access. Suffering patients in Delaware can now qualify for legal medical cannabis if their doctor recommends it regardless of the condition. Also, seniors can now self certify as…
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Maryland Sold Over $90 Million Worth Of Legal Cannabis In April 2024
According to updated data on the Maryland Cannabis Administration’s sales dashboard, the state’s legal cannabis industry sold $92,291,643 worth of medical and adult-use cannabis products in April 2024. The sales total was down from $95,956,410 in March 2024. Maryland’s legal medical cannabis sales were roughly $30 million in April 2024, with adult-use cannabis sales making…
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Ohio Medical Cannabis Sales Were Over $54 Million In March
Ohio’s 123 licensed medical cannabis dispensaries sold over $54 million worth of medical cannabis products in March 2024 according to new data released by the Ohio Division of Cannabis Control, up from $38.4 million total sales in February 2024. March’s sales figures were also an increase over March 2023 sales totals. The first legal medical…