Decriminalization of non-medical cannabis in the United States

Canadian Students for Sensible Drug Policy Tackles Harm Reduction with Next Phase of Get Sensible Youth Cannabis Education Campaign

Thursday, April 8, 2021 - 12:10pm

Toronto, Ontario--(Newsfile Corp. - April 8, 2021) - Canadian Students for Sensible Drug Policy ("CSSDP") announce the next phase of their Get Sensible cannabis education campaign with the launch of their website getsensible.org and two recently hosted youth-focused cannabis roundtable discussions, facilitated on March 24th and 25th.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - April 8, 2021) - Canadian Students for Sensible Drug Policy ("CSSDP") announce the next phase of their Get Sensible cannabis education campaign with the launch of their website getsensible.org and two recently hosted youth-focused cannabis roundtable discussions, facilitated on March 24th and 25th.
  • Get Sensible plans to host additional roundtables throughout 2021-22 that will focus on specific communities with deeper examination of topics relevant to their experiences.
  • So while one of the key priorities for Canada's cannabis legalization continues to emphasize protecting youth from the harmful effects of cannabis use, the Get Sensible campaign provides opportunities for young people to be engaged in co-creating and co-leading cannabis education, and supporting harm reduction in hard-to-reach youth communities.
  • Prioritizing evidence-based cannabis education projects that are youth-led, to us, is the way forward", said Get Sensible Program Manager, Sean Bristowe.

Global Cannabis Pharmaceuticals Market Report 2020: Market is Expected to Reach $5.72 Billion by 2027 - Investments in R&D for Cannabis-Infused Drugs

Monday, March 1, 2021 - 9:15pm

Favorable legislation in the market, policies across developed economies, and investments in the research and development for cannabis-infused drugs are the key factors responsible for the market growth.

Key Points: 
  • Favorable legislation in the market, policies across developed economies, and investments in the research and development for cannabis-infused drugs are the key factors responsible for the market growth.
  • Moreover, technological innovation to decide the accurate dose of cannabis-infused drugs with cutting edge delivery methods to ensure therapeutic and psychoactive events, to contain drug abuse among adults also favoring market growth for cannabis pharmaceuticals.
  • The global market for cannabis pharmaceuticals is fragmented based on product, distribution channel, and region.
  • In addition, growing demand for plant-based pharmaceuticals is expected to drive market demand for cannabis pharmaceuticals.

Agencies Look to Create Safeguards for Cannabis Use

Thursday, February 25, 2021 - 2:00pm

Additionally, other cannabis and drug policy developments have also been taking place in several states.

Key Points: 
  • Additionally, other cannabis and drug policy developments have also been taking place in several states.
  • Also, Washington State lawmakers approved a broad drug decriminalization measure and Wisconsin's governor unveiled a proposal to legalize both medical and recreational cannabis.
  • In Canada, for example, sales of legal recreational cannabis totaled CAD 2.6 Billion (about USD 2.08 Billion) in 2020, which represents a 120% increase over 2019 cannabis sales.
  • "When looking at how tech would impact the cannabis industry, it's important to understand the needs of the industry.

Agencies Look to Create Safeguards for Cannabis Use

Thursday, February 25, 2021 - 2:00pm

Additionally, other cannabis and drug policy developments have also been taking place in several states.

Key Points: 
  • Additionally, other cannabis and drug policy developments have also been taking place in several states.
  • Also, Washington State lawmakers approved a broad drug decriminalization measure and Wisconsin's governor unveiled a proposal to legalize both medical and recreational cannabis.
  • In Canada, for example, sales of legal recreational cannabis totaled CAD 2.6 Billion (about USD 2.08 Billion) in 2020, which represents a 120% increase over 2019 cannabis sales.
  • "When looking at how tech would impact the cannabis industry, it's important to understand the needs of the industry.

U.S. Legal Cannabis Water Use to Almost Double by 2025

Wednesday, February 24, 2021 - 2:26pm

Water has always been a vital variable to cannabis cultivation, especially in drought-prone states such as California, the U.S. cannabis cultivation epicenter, said New Frontier Data Founder & CEO Giadha A. DeCarcer.

Key Points: 
  • Water has always been a vital variable to cannabis cultivation, especially in drought-prone states such as California, the U.S. cannabis cultivation epicenter, said New Frontier Data Founder & CEO Giadha A. DeCarcer.
  • The report reveals that the cannabis industry uses significantly less water than other major agricultural crops in California.
  • Combined legal and illicit cannabis crops used nearly 2.8 billion gallons in 2020, with usage forecast to reach 3.6 billion gallons by 2025 fueled by demand-driven growth.
  • About the Berkeley Cannabis Research Center:
    The Cannabis Research Center (CRC) is a research group based at the University of California, Berkeley.

Revenues Continue to Jump for Legal Cannabis Market Expected to Exceed $73 Billion By 2027

Tuesday, February 16, 2021 - 12:52pm

The increasing legalization of cannabis for medical as well as adult-use is expected to promote growth.

Key Points: 
  • The increasing legalization of cannabis for medical as well as adult-use is expected to promote growth.
  • The legalization of medical cannabis in Canada, Israel, and some countries in Europe and South America owing to its multiple therapeutic applications is expected to promote growth.
  • Moreover, the recent legalization of cannabis for medical purposes in countries like Australia, Germany, and Poland is expected to create lucrative opportunities for market stakeholders."
  • With the successful passage of Proposition 207 for adult use in Arizona, it is expected that the state's total legal marijuana market will near $1.5 billion in the next three years .

Revenues Continue to Jump for Legal Cannabis Market Expected to Exceed $73 Billion By 2027

Tuesday, February 16, 2021 - 12:52pm

The increasing legalization of cannabis for medical as well as adult-use is expected to promote growth.

Key Points: 
  • The increasing legalization of cannabis for medical as well as adult-use is expected to promote growth.
  • The legalization of medical cannabis in Canada, Israel, and some countries in Europe and South America owing to its multiple therapeutic applications is expected to promote growth.
  • Moreover, the recent legalization of cannabis for medical purposes in countries like Australia, Germany, and Poland is expected to create lucrative opportunities for market stakeholders."
  • With the successful passage of Proposition 207 for adult use in Arizona, it is expected that the state's total legal marijuana market will near $1.5 billion in the next three years .

Hemp, Inc. Reports: Cannabis Stocks Soar as Senate Pushes for Cannabis Reform

Thursday, February 11, 2021 - 11:00am

This could be game changing for the hemp and cannabis industries if marijuana is removed from Schedule 1 of the federal Controlled Substances Act.

Key Points: 
  • This could be game changing for the hemp and cannabis industries if marijuana is removed from Schedule 1 of the federal Controlled Substances Act.
  • Hemp, Inc. executives say companies in the sector could see huge gains from finally decriminalizing cannabis.
  • According to The Motley Fool, The priority for most pot stocks would be to decriminalize marijuana at the federal level.
  • Hemp, Inc. executives believe there can be tangible benefits reaped from adhering to a corporate social responsibility plan.

Cannabis Social Equity Bill Introduced

Wednesday, February 3, 2021 - 5:31pm

PORTLAND, Ore., Feb. 3, 2021 /PRNewswire/ --Repairing the harm from decades of inequity from the War on Drugs is the goal of the Cannabis Social Equity Act introduced this week by a coalition of legislators in the Oregon State Legislature.

Key Points: 
  • PORTLAND, Ore., Feb. 3, 2021 /PRNewswire/ --Repairing the harm from decades of inequity from the War on Drugs is the goal of the Cannabis Social Equity Act introduced this week by a coalition of legislators in the Oregon State Legislature.
  • The bill contains three major provisions:
    Direct investment in cannabis businesses owned by Black, Indigenious, and Latina/o/x people, as well as people convicted of cannabis crimes.
  • State Rep. Julie Fahey helped drive the creation of the bill when she passed legislation in 2019 calling for a work group to develop a cannabis social equity program.
  • A coalition of cannabis companies and trade groups including the Oregon Cannabis Association, the Oregon Industry Progress Association, and the Oregon Retailers of Cannabis Association have all united around this legislation as the key cannabis related bill for the 2021 session.

$ 27.89 Billion Growth in Global Legal Cannabis Market During 2020-2024 | Featuring Key Vendors Including Aphria Inc., Aurora Cannabis Inc., and Bhang Corp. | Technavio

Wednesday, February 3, 2021 - 12:20am

The market is segmented by product (medical and recreational) and geography (APAC, Europe, MEA, North America, and South America).

Key Points: 
  • The market is segmented by product (medical and recreational) and geography (APAC, Europe, MEA, North America, and South America).
  • The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and the market behavior across various segments.
  • View the full release here: https://www.businesswire.com/news/home/20210202006202/en/
    Technavio has announced its latest market research report titled Global Legal Cannabis Market 2020-2024 (Graphic: Business Wire)
    The rapid legalization of cannabis worldwide is one of the prime factors driving the growth of the market.
  • In 2001, Portugal became the first country to legalize the possession of all types of drugs, including cannabis.