Sales of Medical Cannabis Products Are Expected To Grow

The legal cannabis market is big, and getting bigger

NEW YORK: According to a report by Grand View Research, the global medical cannabis market is projected to reach a value of USD 55.8 billion by 2025. After the elections in 2016, Washington D.C., along with 28 states have legalized cannabis for medical use. The growing number of states and countries receiving approval for use in therapeutic applications Read the full article…

Overview Of The Marijuana-infused Food Regulations

Edibles are changing the marijuana marketplace

By Ian Lebowski Colorado State was the first to be declared cannabis-friendly after legalizing medical marijuana in 2000. During that time, only a few regulations governed distribution and use of the drug. However, certain concerns have led to new rules and guidelines for cultivation, distribution, acquisition and use of marijuana, either for medical or recreational purposes. Read the full article…

Legal Cannabis Market Gaining Traction

medical marijuana

NEW YORK: The global medical marijuana market is expected to reach a value of USD 55.8 billion by 2025, according to a new report by Grand View Research, the report indicates that together with Washington D.C. 28 states have legalized marijuana for medical uses. In 2016, states such as Arkansas, Florida, North Dakota, Ohio, and Pennsylvania were approved to use the drug in medical applications such as chemotherapies Read the full article…

2017 Legal Cannabis Market Developments

Legal cannabis hit $6.4B in 2017

NEW YORK: The future of the legal cannabis market depends on a variety of factors. Politically, some have expressed concerns regarding the incoming elected administration, others feel more optimistic after nine states have voted this election cycle. The results overwhelmingly came in favor of legalization of cannabis for medical and recreational use. Economically, the industry has Read the full article…

Washington Marijuana Sales Expected to Double, Grow To Over $2 Billion By 2020

Legal Marijuana to grow to $2B by 2020

WASHINGTON:  Arcview Market Research, in partnership with New Frontier Data, has released its Washington Legal Cannabis Market State Profile, which explores the recent significant changes to the state’s cannabis industry. The elimination of the medical system that was operating in parallel to the adult use market will lead to a significant contraction of the state’s Read the full article…

Massachusetts Marijuana Sales To Top $1 Billion By 2020

$1 Billion in mj sales predicted for Mass by 2020

MASSACHUSETTS: Arcview Market Research, in partnership with New Frontier Data, has released its Massachusetts Legal Cannabis Market State Profile, which shows the potential growth of the legal marijuana market after Massachusetts voters legalized adult-use on Election Night 2016. The official Arcview Market Research projection for the Massachusetts market is that it will grow to over $1 Read the full article…

2016 Cannabis Investment Study: 68% Of Investors Open to Businesses That Touch Marijuana

2016 CANNABIS INVESTOR STUDY

DISTRICT OF COLUMBIA: New Frontier Data, in partnership with Arcview Market Research and The Arcview Investor Network has released its 2016 Cannabis Investment Study. The study unveils insights from Arcview’s members and shows that despite the differences in regulations affecting businesses that touch cannabis and ancillary businesses that do not touch cannabis, the majority of investors (68%) are now Read the full article…

Medical Marijuana And Its Impact To The Economy

Study: Cannabis and mental illness

By Zack M Twenty five states have legalized marijuana for medical use so far, and it’s already clear that there are many economical advantages to be gained from this as well as the various medical marijuana benefits to be enjoyed by patients.  Because the marijuana systems in place in these states are being well regulated and Read the full article…

California Marijuana Legalization 2015: New Medical Marijuana Law Rankles Top Cannabis Industry Investor

Legislators finally reached a compromise on three bills, which have been sent for final approval to Gov. Jerry Brown, who is expected to sign them into law.

CALIFORNIA: California lawmakers quietly passed Friday the state’s most significant medical-marijuana legislation in almost two decades, but some leaders in the space worry that the law’s good intentions could get lost in the weeds. Paving the way for what supporters say is a much-needed regulatory framework for the state’s multibillion-dollar medical-cannabis industry, the California Senate and Read the full article…

Apple’s Ban On marijuana Social Networking App Goes Up In Smoke

MassRoots first became available through the App Store in 2013, but Apple decided to pull the app last month due to conflicts with company guidelines banning “apps that encourage excessive consumption of alcohol or illegal substances.”

CALIFORNIA: Apple has lightened up on restrictions that once banned cannabis-focused social networking apps from its App Store. The tech giant reversed course Thursday night by making MassRoots, a social network for cannabis lovers, available on the iOS App Store a little over three months after banning the site’s app. MassRoots first became available through the App Read the full article…