Decriminalization of non-medical cannabis in the United States

Alcohol Consumption Drops With Cannabis Legalization Abound

Retrieved on: 
Friday, July 12, 2019
Entheogens, Medicinal plants, Health, Articles, Cannabis, Herbalism, Cannabis smoking, Euphoriants, Medical cannabis, Effects of cannabis, Minors and the legality of cannabis, Decriminalization of non-medical cannabis in the United States

And specifically, the rise of cannabis is directly correlated with declining alcohol consumption rates.

Key Points: 
  • And specifically, the rise of cannabis is directly correlated with declining alcohol consumption rates.
  • However, newly added states such as California and Nevada currently have higher rates of binge drinking intensity and lower levels of cannabis consumption.
  • For instance, according to a MarketWatch article, a millennial said that she prefers to consume cannabis over alcohol because it saves her more money and doesn't cause intoxicating effects of alcohol.
  • In comparison, Uruguay's cannabis market is relatively small, despite having legalized cannabis entirely nearly 6 years ago.

Headset and Marijuana Business Daily announce new data partnership to provide retail data analysis and expanded coverage of the cannabis industry

Retrieved on: 
Thursday, July 11, 2019
Cannabis, Marijuana Business Daily, Cannabis industry, Decriminalization of non-medical cannabis in the United States

Through the partnership, Headset will provide data-centric commerce information to Marijuana Business Daily.

Key Points: 
  • Through the partnership, Headset will provide data-centric commerce information to Marijuana Business Daily.
  • As part of this new partnership, Headset will also provide data for The Marijuana Business Factbook, their popular annual report on cannabis commerce and the state of the industry.
  • "This partnership validates the quality of data that Headset collects and analyzes to provide deep, actionable market insights to the cannabis industry."
  • Marijuana Business Daily is the leading B2B resource for the medical marijuana and retail cannabis industry.

The global legal marijuana market size is expected to reach USD 66.3 billion by the end of 2025

Retrieved on: 
Tuesday, July 9, 2019
Herbalism, Medicinal plants, Medicine, Health sciences, Health, Cannabis, Cannabis smoking, Entheogens, Medical cannabis, Decriminalization of non-medical cannabis in the United States, Cannabis in Canada

NEW YORK, July 9, 2019 /PRNewswire/ --Legal Marijuana Market Size, Share & Trends Analysis Report By Type (Medical Cannabis, Recreational Cannabis), By Product Type, By Medical Application (Cancer, Mental Disorders), And Segment Forecasts, 2019 - 2025

Key Points: 
  • NEW YORK, July 9, 2019 /PRNewswire/ --Legal Marijuana Market Size, Share & Trends Analysis Report By Type (Medical Cannabis, Recreational Cannabis), By Product Type, By Medical Application (Cancer, Mental Disorders), And Segment Forecasts, 2019 - 2025
    The global legal marijuana market size is expected to reach USD 66.3 billion by the end of 2025.
  • Increasing legalization and use of marijuana in medical as well as recreational applications is expected to promote the growth.
  • Increasing need for pain management therapies and growing disease burden of chronic pain among elders is also expected to boost demand.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Increased Customer Acceptance and Governmental Deregulation Fueling Huge Cannabis Revenue Opportunities

Retrieved on: 
Tuesday, July 2, 2019
Medicinal plants, Medicine, Health, Herbalism, Entheogens, Euphoriants, Cannabis smoking, Cannabis, Medical cannabis, Effects of cannabis, Cannabis in Canada, Decriminalization of non-medical cannabis in the United States

This formula should continue the rise in both the projections and in the cannabis markets overall revenues for years to come.

Key Points: 
  • This formula should continue the rise in both the projections and in the cannabis markets overall revenues for years to come.
  • The drivers identified in the market are medicinal properties of cannabis, increasing legalization of cannabis, and increasing advances in genetic development and intellectual property of cannabis.
  • Medicinal cannabis accounts for the majority share of the cannabis market, when segmented on the basis of usage.
  • This increases the demand for medicinal cannabis, as the affinity of getting sick with chronic diseases increases after 50 years.

Increased Customer Acceptance and Governmental Deregulation Fueling Huge Cannabis Revenue Opportunities

Retrieved on: 
Tuesday, July 2, 2019
Medicinal plants, Medicine, Health, Herbalism, Entheogens, Euphoriants, Cannabis smoking, Cannabis, Medical cannabis, Effects of cannabis, Cannabis in Canada, Decriminalization of non-medical cannabis in the United States

This formula should continue the rise in both the projections and in the cannabis markets overall revenues for years to come.

Key Points: 
  • This formula should continue the rise in both the projections and in the cannabis markets overall revenues for years to come.
  • The drivers identified in the market are medicinal properties of cannabis, increasing legalization of cannabis, and increasing advances in genetic development and intellectual property of cannabis.
  • Medicinal cannabis accounts for the majority share of the cannabis market, when segmented on the basis of usage.
  • This increases the demand for medicinal cannabis, as the affinity of getting sick with chronic diseases increases after 50 years.

First Time Users and Young Adults Choose Cannabis Over Cigarettes

Retrieved on: 
Friday, June 28, 2019
Medicine, Herbalism, Medicinal plants, Health, Drug control law, Cannabis, Cannabis smoking, Legality of cannabis, Medical cannabis, Cannabis in Canada, Decriminalization of non-medical cannabis in the United States

In U.S. states where cannabis is legal for adult-use strictly only allow adults 21 years old and over to purchase any cannabis-based products.

Key Points: 
  • In U.S. states where cannabis is legal for adult-use strictly only allow adults 21 years old and over to purchase any cannabis-based products.
  • In 2018, adult use cannabis sales totaled USD 112.5 Million and are projected to reach USD 4.8 Billion by 2024.
  • Approximately 22% of young adults between the ages of 18 to 25 are exposed to cannabis on a monthly basis, while more than half try it within their lifetimes.
  • Nonetheless, cannabis has already made a deep global impact as many countries have already adopted medicinal cannabis legislation.

First Time Users and Young Adults Choose Cannabis Over Cigarettes

Retrieved on: 
Friday, June 28, 2019
Medicine, Herbalism, Medicinal plants, Health, Drug control law, Cannabis, Cannabis smoking, Legality of cannabis, Medical cannabis, Cannabis in Canada, Decriminalization of non-medical cannabis in the United States

In U.S. states where cannabis is legal for adult-use strictly only allow adults 21 years old and over to purchase any cannabis-based products.

Key Points: 
  • In U.S. states where cannabis is legal for adult-use strictly only allow adults 21 years old and over to purchase any cannabis-based products.
  • In 2018, adult use cannabis sales totaled USD 112.5 Million and are projected to reach USD 4.8 Billion by 2024.
  • Approximately 22% of young adults between the ages of 18 to 25 are exposed to cannabis on a monthly basis, while more than half try it within their lifetimes.
  • Nonetheless, cannabis has already made a deep global impact as many countries have already adopted medicinal cannabis legislation.

Global Cannabis Market 2019-2024: Increasing Advances in Genetic Development and Intellectual Property of Cannabis

Retrieved on: 
Thursday, June 27, 2019
Medicinal plants, Health, Medicine, Cannabis, Entheogens, Euphoriants, Herbalism, Cannabis smoking, Medical cannabis, Effects of cannabis, Decriminalization of non-medical cannabis in the United States, Cannabis in Denmark

The drivers identified in the market are medicinal properties of cannabis, increasing legalization of cannabis, and increasing advances in genetic development and intellectual property of cannabis.

Key Points: 
  • The drivers identified in the market are medicinal properties of cannabis, increasing legalization of cannabis, and increasing advances in genetic development and intellectual property of cannabis.
  • The report presents wide-range analysis of the market share, size, and trends in the cannabis market.
  • Medicinal cannabis accounts for the majority share of the cannabis market, when segmented on the basis of usage.
  • North America accounts for more than 95% of the cannabis market, with the US alone making up more than 90% share of the North American market.

North America $13.21 Bn Cannabis Market, 2025 - Shifting Trend of Cannabis Industry Toward Online Platform

Retrieved on: 
Monday, June 10, 2019
Medicinal plants, Medicine, Health, Herbalism, Entheogens, Euphoriants, Cannabis industry, Cannabis, Medical cannabis, Decriminalization of non-medical cannabis in the United States, Cannabis in Canada

The North America cannabis industry analysis highlights that the market was valued at $13.21 billion in 2018 and is expected to reach $36.7 billion in 2025.

Key Points: 
  • The North America cannabis industry analysis highlights that the market was valued at $13.21 billion in 2018 and is expected to reach $36.7 billion in 2025.
  • Recreational cannabis contributed to the highest market share of the North America cannabis market in 2018 and is also expected to grow at higher CAGR as compared to that of medical cannabis.
  • The scope of this report is centered upon conducting a detailed study of the products allied with the North America cannabis market.
  • In 2018, the U.S. accounted for almost 96% of the total market share of the North America cannabis market.

Cannabis Approval Ratings Just Increased in North America Again

Retrieved on: 
Wednesday, May 29, 2019
Entheogens, Euphoriants, Medicinal plants, Plants, Cannabis, Cannabis smoking, Psychoactive drugs, Medicine, Decriminalization of non-medical cannabis in the United States

Even major retailers are jumping on board.Better, Cowen analysts say U.S. cannabis sales could reach $80 billion in the next 11 years.

Key Points: 
  • Even major retailers are jumping on board.Better, Cowen analysts say U.S. cannabis sales could reach $80 billion in the next 11 years.
  • That's up from just 60% in 2016.A Pew survey found that62%of Americans want to see cannabis legalization in the country, as compared to just 57% in 2015.
  • The Supreme Cannabis Company Inc. (TSX:FIRE)(OTCQX:SPRWF) announced its financial and operating results for the three and nine months ended March 31, 2019.
  • By having an informed, open dialogue about cannabis, parents can protect their children while creating a culture of knowledge and resiliency.