Tag : Legalization

CCT Impact

Demand for CBD Edibles Spurs due to Legalization and Acceptance of Cannabis & Hemp Consumption; Market to Reach US$ 34.15 Bn By 2031, States TMR Report

CCT IMPACT Agent
Due to many health benefits of hemp and cannabis, several countries around the world have given legal permission for their consumption. This factor is working as a key opportunity for food practitioners as well as players operating in the CBD edibles market. Major companies involved in the production of CBD edibles......
CCT Impact

Cannabis Companies Prepare for Explosive Growth Following Federal US Legalization

CCT IMPACT Agent
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 Marijuana Opportunity Reinvestment and Expungement (MORE) Act would remove marijuana from the Controlled Substances Act......
CCT Impact

Extensive Cannabis Legalization Prompts the Rise of New Breath Detection Tech

CCT IMPACT Agent
While medical cannabis still dominates the broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward. For example, earlier in March, New York became the latest state to legalize recreational cannabis, and in doing so is expected to become one of the nation’s largest......
CCT Impact

US Legalization on the Horizon as Lawmakers Bringing Cannabis Reforms to the Senate Floor

CCT IMPACT Agent
USA News Group – The drumbeat towards cannabis legalization is growing louder, as US lawmakers early in 2021 are signalling increasing openness to the market. In early February, multiple US Senators issued a joint statement announcing that marijuana reform bills would be merged as Congress moves toward some form of federal cannabis legalization. By......
CCT Impact

Talks of Legalization in the US Present Growth Opportunities for Cannabis Companies

CCT IMPACT Agent
The cannabis edibles market is looking up as top US lawmakers show their support for the legalization and decriminalization of cannabis at the federal level. More states are also legalizing recreational cannabis, with states like Virginia getting closer to this step following the recent passing of a bill by the House of Delegates and......
CCT Impact

Increasing Consumption, Expanding Legalization Leading to High Times for Cannabis Companies

CCT IMPACT Agent
The growth of the cannabis market over the last few years has been remarkable. The historical social negativity took a long time to overcome, but now, it has freed the markets to grow by the billions! Consumer demand has spawned revenue streams that continue to grow at a faster pace.......
CCT Impact

As Additional U.S. States Move Towards Legalization the Cannabis Industry Revenues Continue to Explode

CCT IMPACT Agent
It seems as if every report on the future growth of revenues in the legal cannabis markets, recreational & medical, predict continued substantial growth through the next several years. Growing acceptance and adoption of legal marijuana for the treatment of chronic diseases like cancer, arthritis, and Alzheimer’s as well as neurological......
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Global $123.2 Billion CBD Oil & CBD Consumer Health Market to 2027: Growing Legalization of Cannabis-Based CBD & Changing Buyer Attitudes

CCT IMPACT Agent
The “CBD Oil & CBD Consumer Health Market Size, Share & Trends Analysis Report by Product, by Distribution Channel, by Region (North America, Europe, Asia Pacific, Latin America, MEA), and Segment Forecasts, 2020 – 2027″ report has been added to ResearchAndMarkets.com’s offering. The global CBD oil and CBD consumer health market size is expected to reach USD 123.2......
CCT Impact

Medical Cannabis Products Grow in Popularity as Legalization Battle Continues

CCT IMPACT Agent
The legal cannabis industry continues to expand around the world with major contribution to the market coming from continuous legislative victories in North America and Europe. Specifically, legalization of medical cannabis and decriminalization in some countries has led to a decrease in black-market activity, as people are shifting to legally buying cannabis for......
CCT Impact

After More Than A Year of Legalization, Ordering Weed Online is Easy With Blowout420

CCT IMPACT Agent
October 17 2018 is the day, under the Cannabis Act, that marijuana became legal in Canada . Ordering weed online is easy and of course, 100% within the legal parameters of the Cannabis Act. You might be asking yourself, why was marijuana legalized? Here are some reasons: Marijuana is a big profit sector, Canada wanted it out......