Decriminalization of non-medical cannabis in the United States

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

Retrieved on: 
Tuesday, February 16, 2021
Cannabis, Herbalism, Medicinal plants, Entheogens, Psychoactive drugs, Health sciences, Cannabis in Canada, Medical cannabis, Drug liberalization, Decriminalization of non-medical cannabis in the United States

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

Retrieved on: 
Tuesday, February 16, 2021
Cannabis, Herbalism, Medicinal plants, Entheogens, Psychoactive drugs, Health sciences, Cannabis in Canada, Medical cannabis, Drug liberalization, Decriminalization of non-medical cannabis in the United States

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

Retrieved on: 
Thursday, February 11, 2021
Crops, Domesticated plants, Drugs in the United States, Biofuels, Hemp, Herbs, Cannabis in the United States, Drug policy of the United States, Industrial Hemp Farming Act, Decriminalization of non-medical cannabis in the United States

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

Retrieved on: 
Wednesday, February 3, 2021
Psychoactive drugs, Cannabis smoking, Drugs in the United States, Cannabis, Entheogens, Euphoriants, Legality of cannabis, Effects of cannabis, Cannabis in Australia, Decriminalization of non-medical cannabis in the United States

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

Retrieved on: 
Wednesday, February 3, 2021
Agriculture, Natural Resources, Alternative medicine, Other Retail, Health, Tobacco, Retail, Other Health, Herbalism, Medicinal plants, Health sciences, Drugs in the United States, Branches of biology, Cannabis, Cannabis smoking, Entheogens, Medical cannabis, Cannabis in Canada, Decriminalization of non-medical cannabis in the United States

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.

Vangst Releases Latest Cannabis Industry Salary Guide

Retrieved on: 
Monday, January 25, 2021
Psychoactive drugs, Herbalism, Medicinal plants, Entheogens, Cannabis smoking, Health sciences, Cannabis, Medical cannabis, Effects of cannabis, Cannabis in Australia, Decriminalization of non-medical cannabis in the United States

DENVER, Jan. 25, 2021 /PRNewswire/ -- Vangst , the leading professional network for the legal cannabis industry, today released its latest Cannabis Industry Salary Guide.

Key Points: 
  • DENVER, Jan. 25, 2021 /PRNewswire/ -- Vangst , the leading professional network for the legal cannabis industry, today released its latest Cannabis Industry Salary Guide.
  • "As we enter 2021, the Vangst Cannabis Industry Salary Guide will provide cannabis companies and prospective employees with the salary and benefits information they need to build a professional, diverse, and engaged workplace."
  • To find out more about average salaries and compensation in cannabis, request your free copy of Vangst's Cannabis Industry Salary Guide here .
  • Vangst is on a mission to build the cannabis industry through people, and since launching in 2016, has successfully matched thousands of candidates with jobs at leading cannabis businesses.

Technological Advances Help Better Regulate the Growing Cannabis Market

Retrieved on: 
Tuesday, January 12, 2021
Psychoactive drugs, Cannabis smoking, Herbalism, Medicinal plants, Drugs, Cannabis in the United States, Drug policy of the United States, Cannabis, Effects of cannabis, Medical cannabis, Decriminalization of non-medical cannabis in the United States, Cannabis in Canada

Currently, sixteen states have now fully legalized the use of cannabis products for both medical and recreational use.

Key Points: 
  • Currently, sixteen states have now fully legalized the use of cannabis products for both medical and recreational use.
  • The recent election, in November, has further cemented the continuous expansion of cannabis legalization as New Jersey, a major potential market for the industry, voted in favor of legalization as well.
  • In fact, one of the major concerns over cannabis abuse revolves around operating a vehicle while impaired.
  • It is expected that the total Arizona cannabis market will reach USD 2 Billion at maturity.

Technological Advances Help Better Regulate the Growing Cannabis Market

Retrieved on: 
Tuesday, January 12, 2021
Psychoactive drugs, Cannabis smoking, Herbalism, Medicinal plants, Drugs, Cannabis in the United States, Drug policy of the United States, Cannabis, Effects of cannabis, Medical cannabis, Decriminalization of non-medical cannabis in the United States, Cannabis in Canada

Currently, sixteen states have now fully legalized the use of cannabis products for both medical and recreational use.

Key Points: 
  • Currently, sixteen states have now fully legalized the use of cannabis products for both medical and recreational use.
  • The recent election, in November, has further cemented the continuous expansion of cannabis legalization as New Jersey, a major potential market for the industry, voted in favor of legalization as well.
  • In fact, one of the major concerns over cannabis abuse revolves around operating a vehicle while impaired.
  • It is expected that the total Arizona cannabis market will reach USD 2 Billion at maturity.

Increased U.S. Legalization Creates a Wave of New Cannabis Business Opportunities

Retrieved on: 
Tuesday, November 10, 2020
Cannabis, Herbalism, Medicinal plants, Entheogens, Psychoactive drugs, Health sciences, Cannabis culture, Cannabis in the United States, Medical cannabis, Legality of cannabis, Decriminalization of non-medical cannabis in the United States, Cannabis in Canada

With these new states legalizing use, one in three Americans will soon be able to legally purchase [adult-use] cannabis," said Unity Rd.

Key Points: 
  • With these new states legalizing use, one in three Americans will soon be able to legally purchase [adult-use] cannabis," said Unity Rd.
  • It opened more eyes to its medicinal values and benefits of it as an alternative to alcohol and traditional medicines.
  • States also saw the local advantages that come from a regulated cannabis market, like tax revenues, and are increasingly taking steps toward enacting cannabis legalization."
  • The company is also the first cannabis business to earn a Franchise Times Dealmakers award.

66% of American Adults Support U.S. Federal Cannabis Legalization

Retrieved on: 
Wednesday, October 28, 2020
Drugs in the United States, Cannabis, Cannabis smoking, Entheogens, Euphoriants, Drugs, Cannabis in the United States, Decriminalization of non-medical cannabis in the United States

If all cannabis legalization measures pass on November 3rd, more Americans will reside in states with legal adult-use cannabis than states where cannabis remains completely illegal, said New Frontier Data Founder & CEO Giadha A. DeCarcer.

Key Points: 
  • If all cannabis legalization measures pass on November 3rd, more Americans will reside in states with legal adult-use cannabis than states where cannabis remains completely illegal, said New Frontier Data Founder & CEO Giadha A. DeCarcer.
  • 2020 is still an important year for cannabis ballot initiatives, said Eric Berlin, a leading cannabis attorney who helps lead the global and U.S. Cannabis groups at Dentons.
  • 36% of consumers rank cannabis legalization as one of their top five issues determining how they will vote.
  • Cannabis legalization may well prove to be one issue that benefits from both COVID and the 2020 election, noted Elaine Carey, co-leader of FTI Consultings Cannabis practice.