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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…
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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…
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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…
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Colorado and Washington were the first states to legalize the non-medical use of cannabis. In both states, cannabis prices have decreased considerably since the inception of the drug’s legal sale.The short…In Colorado, from 2014 to 2017, the average annual price of cannabis flower decreased by 62%, from $14.05 per gram in 2014 to $5.34 in…
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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…
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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…