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2019 Global Cannabis Use & Projections

The most widely used drug globally continues to be cannabis. Estimated 188 million people having used the drug in 2017.North America – 23 countries, population of 579 million. Estimated $13 Billion [2018] & $36 Billion [2025] *editors note: US accounted for ~ 96% of total market share Africa – Home to five of the world’s…

Education

Cannabis Use – State by State (find your state here)

Information is up to date as of Oct 2019. Legislation may have changed, check your state’s department of health website for the most updated information.Medical & Adult Use “aka recreational” [11 states]: Alaska, California, Colorado, District of Columbia, Illinois, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont, WashingtonMedical ONLY [25 states]: Arizona, Arkansas, Connecticut, Delaware, Florida, Hawaii,…

Industry News

Fast Facts 12/21/2019

Zero is the amount of CBD in products on Amazon.com (Link: sellercentral.amazon.com) 1 out of 9 people in the US use cannabis daily. (New Frontier Data, a Washington, D.C.-based cannabis researcher, has just released a new industry report that takes a detailed look at forecasts and trends)4 cannabis-derived medications [1. Cesamet ® (nabilone) 2. Marinol…

Industry News

Dec 2019 Finance: US Cannabis Market

1. Overall…. sales within the legal U.S. cannabis industry are expected to reach $13.6 billion throughout 2019 (32% increase over 2018 totals – $10.3 billion) 2. 33 medical & 11 legal adult-use state… are projected to grow at a compound annual growth rate (CAGR) of 14%, to reach $30 billion by 2025 3. U.S. sales…

Education

How THC & CBD Work (2 of 2)

The Endocannabinoid System Cannabis works on more than just CB1 & CB2Three more receptors that cannabis hits – TRPV1, PPARgamma & PPARalphaIf you haven’t read up on part 1 of this two part series. You can find it here (click me). TRPV1 (a capsaicin receptor) Location: neuronal somata in hippocampus & cerebellum Actions: Work on…

Education

How THC & CBD Work -The biochemistry (1 of 2)

So how does THC & CBD work? In short: they work on CBD1 (found in the brain) & CBD2 (immune system) receptorsIn long: check out belowQuick fact: Tolerance in chronic users was found to occur, though it only took 4 weeks of no cannabis use to recover Why is the chemistry important? The receptors cannabis…

Industry News

Corona Virus – Opinion

Check out – COVID-19: List of PA Dispensary Preparedness (click me) (this linked was added march 25th) Surgeon general – Jerome Adams – says “Stop buying medical masks” Disease Prevention: Surgeon general wrote the “best way to protect yourself and your community is with everyday preventive actions, like staying home when you are sick and…

Industry News

PA Research – March 2020

Research Update: 7 out of the 8 PA medical schools have been approved to conduct research on marijuana. Drexel, Temple, Penn State, Thomas Jefferson, UPenn, LECOM, PCOM, UPitt* What research will be conducted? Penn State (partner: PA Options for Wellness): Penn State’s research includes developing a database to compare responses among patients’ medical conditions approved…

Education

CBM – Counters insulin resistance

CBM (cannabimovone) is found in the cannabis cultivar known as “Carmagnola” [a hemp variety or also called low THC producer variety] Author note – Carmagnola is a small Italian village in Piedmont, near Turin, specializing in weaving hemp for making ropes, sails, nets, and marine clothing.Similar to CBM, previous studies found dual-agonist potential at both…