Global CBD Oil Market To Grow At 39.19% CAGR In 2017-2021.

global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021

UNITED KINGDOM: Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) Read the full article…

Medical Cannabis Data Shows Strong Sales And Growth

America is pro-pot

According to a research published by Hexa Research, the U.S. medical cannabis market size was valued at USD 5.44 billion in 2016, and is expected to be valued $19.48 billion by 2024. The medical cannabis market is still in stage of development and is expected to grow significantly during the forecast period owing to rising consumer demand. Consumer attitude Read the full article…

Cannabis Product Sales Projected To Increase For Both Medical And Recreational Use

Marijuana is big business

NEW YORK: A market report by Ameri Research emphasizes that the global legal cannabis market was valued at $14.3 billion in 2016 and is projected to grow at a CAGR of 21.1% from 2017 to 2024. During the forecast period, the demand for cannabis will continue to rise for both recreational and medical use products, and estimated global Read the full article…

Data Shows Optimistic View For The Global CBD And Hemp Industry

"Carolina Gold" aka Hemp fields in NC.

NEW  YORK: According to a research published by Ameri Research Inc., the global legal cannabis market was valued at $14.3 billion in 2016. The market is forecast to grow at a CAGR of 21.1% between 2017 and 2024, while reaching a value of $63.5 billion in global sales in 2024. The rising demand of cannabis for recreational use and medical Read the full article…

The Legal Cannabis Market Expected to Witness Wider Adoption

Marijuana is big business

NEW YORK: According to a research report by Market Research Future, the Cannabis market in North America was valued at over USD 3.5 billion for the full year of 2015. Of that, the United States being the largest market in the region, was valued over USD 3 billion on its own. Marketing activities for cannabis products have been challenged by consumer perception and Read the full article…

Colorado To Cannabis Retailers: How We Doing?

An amendment to allow banks to deal with marijuana businesses shows a clear trend toward a loosening of anti-marijuana sentiment in the government.

COLORADO:  The State of Colorado wants to be a better partner it’s legally-licensed pot shops, and in an effort to better understand their needs has tapped the expertise of Clear Voice Research to conduct a first-ever research study.  Designed to help inform how the Colorado Department of Health and Environment can be a better partner to Read the full article…

U.S. Legal Cannabis Market to Grow to $24.1 Billion by 2025

Edibles are changing the marijuana marketplace

DISTRICT OF COLUMBIA: New Frontier Data, a leading cannabis industry business intelligence firm, has refined its market projections for adult use and medical markets across the country,  according to The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. The firm forecast the legal cannabis market to grow to $24.1 billion by 2025 with a compound annual growth 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…

New Report: Edibles Market Will Grow To $11B In 2017

Edibles in California will reach $11B by end of 2017

CALIFORNIA:  OutCo, a Southern California based fully vertical cannabis company has partnered with Monocle Research in Orlando, Florida to conduct groundbreaking research on the new state of cannabis in California. The recent approval of recreational marijuana use in the state of California has generated an immense amount of interest from both businesses and consumers, as they attempt to grasp the size and scope of Read the full article…

Marijuana Initiatives Will Add $7.4 Billion To Market

Marijuana Elections grow legal cannabis industry

CALIFORNIA:  Arcview Market Research, in partnership with New Frontier Data, have released a special election update to the official Arcview Market Research growth projections in light of victories from 8 of the 9 marijuana ballot initiatives. The passage of initiatives in California, Nevada, Massachusetts, Maine, Florida, Arkansas, Montana, and North Dakota will add $7.4 billion to Read the full article…