Potential Effect of a Recession on the Cannabis Industry
After the global economy started to recover from the effects of the pandemic, many investors and economists are predicting that another recession may be around the corner, which would be the first since the legalization of marijuana in the US. Despite the 2020...
Steps to Launch a Cannabis Startup
Despite the various changes that have occurred in the industry, the cannabis market is still young and growing. In 2021, the US marijuana market was valued at $10.8 billion. It is expected to grow at a rate of 14.9% between 2022 and 2030. This article contains the...
Cannabis Industry Trends Coming in 2023
The rapid emergence and growth of the global legal marijuana market are expected to drive a boom in the next few years. The market was valued at $17.8 billion last year. The market is estimated to grow at 25% annually until 2030. As the number of players in the market...
How Cannabis Companies Dispose of Product Waste?
Like other businesses, marijuana companies in the US are responsible for adequately disposing of their waste. However, there are no federal guidelines regarding how this can be done. This means they must figure out how to do so in a way that complies with local and...
Elements Shaping the Cannabis Industry
Despite the immense potential of the cannabis industry, many investors and entrepreneurs still have many questions about its future. This is why they must have the necessary information to make informed decisions. This article breaks down some key elements shaping the...
2022’s Growth Potential for the Cannabis Industry
Every year, various ballot referendums or legislation that will allow the legal use of marijuana is presented to the voters. As the adult-use programs in states such as New York and New Jersey start to take off, more states are expected to follow suit. In 2022, more...
How to Set Your Cannabis Business Up for Success
The legalization of marijuana in several states has led to the establishment of more mainstream usage in society. Out of 50 States 41 of those States have medicinal marijuana programs and 23 of those states have decriminalized and have full adult-use recreational...
Today’s Cannabis Consumer
Today’s cannabis consumer is no longer interested in just getting high. From the moment it became legal in more than 200 countries, people have been watching to see what the future holds for this new industry. As more and more states move to decriminalize cannabis,...
The Rising Trend of CBD Oil
CBD oil is becoming an increasingly popular natural remedy. Its popularity is due to the many potential health benefits that it may offer. These include reducing inflammation, relieving pain, and improving sleep quality. One of the main reasons CBD oil is gaining...
Cannabis: Quality Versus Price
The federal government of America estimates that more than 22.2 million people used marijuana over the past month, with most of them starting the habit in their teen years. In addition, during the last several years, numerous states have legalized marijuana use for...