CBD Oil Market to Hit Nearly US$137 Billion by 2029
The CBD oil market is expected to witness an astounding CAGR of 38.90% from 2021 until 2029, climbing from $9.86 billion to $136.64 billion. There are several reasons behind the projected growth such a growing ... [Read]
CBD Usage Rising in Japan Despite Drug Taboo
Japan may be known for its zero-tolerance cannabis laws and strong social stigma against the drug, but the sentiment towards CBD is quickly changing. CBD extracted from the seeds or adult stems of the plant ... [Read]
Agrify Enters the Lucrative New Zealand Cannabis Market With End-To-End Solutions for Cultivation and Extraction Through Sales and SAAS Licensing Agreement With Ora Pharm.
AgrifyTM Corporation, the most cutting-edge supplier of advanced cultivation and extraction solutions for the cannabis industry, announced it has signed a legally binding agreement (the “Agreement”) to provide Ora Pharm, a Waikato, New Zealand-based health ... [Read]
Massage Envy Enhances Massage and Skin Care Portfolio With CBD Offerings From Charlotte’s Web, The World’s Most Reliable Hemp Extract™ (CWBHF)
Massage Envy, the nation’s No. 1 provider of massage in the U.S. overall across its franchise network and a national leader in skincare, together with Charlotte’s Web Inc., the market leader in creating next-generation, hemp-derived ... [Read]
Heritage Cannabis has Announced the Addition of 20 New Products to the Ontario Cannabis Market.
Heritage Cannabis Holdings Corp. has announced that it will debut twenty new products in the Ontario cannabis market, which will be available through the Ontario Cannabis Store (OCS) and other merchants across the province. Loose ... [Read]
Thailand Becomes First Asian Country to Legalize Marijuana
Thailand made headlines last week when it became the first country in Asia to decriminalize marijuana, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin Charnvirakul expects legal ... [Read]
Flora Growth’s JustCBD Brand Launches Novel Foods Line on Amazon UK
Flora Growth Corp. (NASDAQ:FLGC) a leading outdoor grower, manufacturer, and distributor of global cannabis products and brands, just announced that its subsidiary JustCBD will launch its line of Novel Foods-approved CBD products on Amazon.co.uk. This ... [Read]
Booming Legal Cannabis Market to Continue Rising in 2022 and Beyond
The global cannabis market is continuing to grow rapidly thanks to increasing legalization and social adoption across the globe. According to a report by Vantage Market Research, revenue came in at US$12.8 billion in 2021 ... [Read]
Cannabis-Infused Ice Cream Just One of the Latest Edible Entries to the Growing Cannabis Sector
Cannabis edibles are easily the most popular items in the sector and companies in the space haven’t slowed down offering new exciting products to market for consumers. The newest addition to the ever-growing space is ... [Read]
Cannabis Companies Prepare for Explosive Growth Following Federal US Legalization
At least 18 states in America have legalized recreational marijuana and 37 have legalized different forms of medical marijuana thanks to the growing push for legalization at the state and federal levels. If passed, the ... [Read]