Tag: edibles
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Global CBD Nutraceuticals Market Projected To Reach $16.9 Billion By 2032
The CBD nutraceuticals market was valued at $3.8 billion in 2022 according to a market analysis by DataHorizzon Research, and is anticipated to grow to $16.9 billion by 2032 at a CAGR of 16.3%. “The CBD nutraceuticals market is thriving due to the increasing awareness of the potential health benefits associated with CBD products. The…
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Cannabis Capsule Market Projected To Reach $79.2 Billion By 2028
Just because a cannabis product involves a capsuled delivery method does not necessary equate to it being a pharmaceutical product, just as every cannabis pharmaceutical product doesn’t automatically involve capsules. Cannabis pharmaceutical products can come in oral sprays and liquids. However, there is clearly a lot of overlap between the cannabis capsule and pharmaceutical sectors,…
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Cannabis Edibles Market Projected To Reach $27.2 Billion By 2030
The global cannabis edibles market is projected to reach $27.2 billion by 2030 according to a market analysis by Fairfield Market Research. For comparison purposes, the same researchers estimated that the global cannabis edibles market was worth $9.6 billion in 2022. “This robust growth will be driven by a multitude of factors, including shifting consumer…
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How Many Medical Cannabis Patients Are Registered In Washington D.C.?
Local lawmakers approved a medical cannabis legalization measure in May 2010. A component of the measure allowed the launch of eight initial medical cannabis dispensaries in the Washington D.C. area. In January 2023, the Medical Cannabis Amendment Act of 2022 became effective. The measure overhauled Washington D.C.’s medical cannabis program, making the program more accessible…
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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 The Czech Republic’s Cannabis Market Potential?
Political leaders in the Czech Republic have previously indicated that they would pursue the passage of a national adult-use cannabis legalization measure once Germany had passed its own adult-use legalization measure. Germany implemented the first provisions of its national legalization measure on April 1, 2024. How long it will take the Czech Republic to pass…
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31% Of Cannabis Consumers Report Spending $100+ Per Month On THC Products
The emerging legal cannabis industry in the United States is spreading thanks to the tireless work of cannabis advocates across the country. Cannabis is now legal for adult-use in 24 states and the District of Columbia, and several more have adopted medical cannabis legalization measures. Cannabis commerce is widespread now too. The Pew Research Center…
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Global Cannabis Edibles Market Projected To Grow By $25.27 Billion By 2027
Cannabis edibles have come a long way from the days when someone making cannabis-infused brownies was considered to be a rarity for most consumers and patients. These days, cannabis consumers in legal markets often have a buffet of cannabis edible products from which to choose from when making their purchases at dispensaries. In states like…