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

marijuana

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 Myths

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…

Labor Day Sales For Marijuana To Trend High As Summer Comes To A Close

COLORADO: Like the cannabis holiday on April 20th (4-20) and the Fourth of July,Labor Day marks one of the highest grossing sales days in the cannabis industry. Once again, MJ Freeway takes a look at holiday trends in the cannabis market and gives some advice for what retailers can do to prepare for higher foot traffic in the coming weekend. MJ Freeway’s retail data Read the full article…

MJ Research: The 2015 Front Runner/MJBA Washington Marijuana Retailer Report

As of early October 2015, there were 182 retail stores recording revenue in Washington. We project that by July 2016 that number will grow to between 288-294 retailers, ensuring that the high growth rate that we have seen will continue into 2016.

By Brian Yauger and Joe Armes Front Runner WASHINGTON: The story of recreational marijuana’s first fourteen months in Washington state is a story of supply and demand imbalances, with recreational price points impacted by competition from medical and black markets unfettered by high taxation and strict regulation. By all accounts the first year of I-502 Read the full article…