Report: US Cannabis Industry Has $45.8B Potential by 2025
Wed / Jan 5th
A new report by cannabis data and analytics firm Headset projects that the U.S. cannabis industry could reach a $45.8 billion market potential by 2025.
TG joined Ganjapreneur in 2014 as a news writer and began hosting the Ganjapreneur podcast in 2016. He is based in upstate New York, where he also teaches media studies at a local university.
Wed / Jan 5th
A new report by cannabis data and analytics firm Headset projects that the U.S. cannabis industry could reach a $45.8 billion market potential by 2025.
Wed / Jan 5th
Virginia Governor-elect Glenn Youngkin (R) said in a recent interview he will not seek to overturn the adult-use cannabis law signed by his predecessor but will look to adjust certain elements of the program, including a “forced unionization” clause.
Wed / Jan 5th
London, England Mayor Sadiq Khan is looking to adopt a cannabis decriminalization pilot program that would offer guidance on drug use instead of arresting young adults between 18-24.
Tue / Jan 4th
Teva Pharmaceuticals USA Inc., the U.S. arm of a pharmaceutical firm that recently announced an international medical cannabis distribution deal, was found guilty in New York for contributing to the opioid crisis.
Tue / Jan 4th
Green Thumb Industries Inc. has closed on its acquisition of LeafLine Industries, which owns one of Minnesota’s two vertical licenses, giving GTI a national presence in 15 states.
Tue / Jan 4th
Ireland has seen a nearly 50% drop in cannabis possession charges and summonses following recent criminal justice reforms.
Mon / Jan 3rd
A recent study found significant improvement in autism symptoms following treatment with THC-rich cannabis oil.
Mon / Jan 3rd
The deadline for New York’s municipalities to ban cannabis industry operations has passed with some 42% opting out of dispensaries and 48% opting out of on-site consumption businesses.
Mon / Jan 3rd
Missouri medical cannabis sales have exceeded $200 million during the program’s first 14 months.
Thu / Dec 30th
The U.S. Department of Agriculture has approved New York’s hemp plan. All currently licensed growers must reapply under the new program.
Thu / Dec 30th
The Oregon Liquor and Cannabis Commission approved new industry rules that include updated delta-8 THC testing rules and expanded purchasing limits in dispensaries.
Thu / Dec 30th
Lompoc, California officials voted to approve up to two cannabis-related events per year in any of its three city parks.
Wed / Dec 29th
New Mexico’s new adult-use cannabis industry rules include restrictions on retail product samples and guidelines for security measures, proof of water rights, workplace training programs, record-keeping, and more.
Wed / Dec 29th
Colorado’s combined medical and adult-use cannabis sales reached $2.19 billion in 2020, marking a new record for the state.
Wed / Dec 29th
The recent National Drug Strategy Household Survey in Australia found that 41.1% of respondents believe cannabis should be legalized.
Tue / Dec 28th
Oregon recently allocated $25 million under a new enforcement program to combat illegal cannabis grows in the state.
Tue / Dec 28th
Rochester, New York’s mayor-elect Malik Evans has proposed using cannabis taxes to bolster a universal basic income program for his constituents.
Tue / Dec 28th
Medical cannabis company Cannabit-Tikun Olam is partnering with pharmaceutical firm Teva Israel to produce cannabis products for international distribution.
Mon / Dec 27th
Researchers at Washington State University and several partnering West Coast universities have received a five-year, $10 million U.S. Department of Agriculture grant to study hemp and its agricultural benefits.
Mon / Dec 27th
Lawmakers in Maryland are set to consider legislation that would put a referendum to legalize adult-use cannabis before voters during the 2022 election.
Mon / Dec 27th
The Canadian Human Rights Commission will hear a case on whether banks can recall mortgages for cannabis licensee homeowners.
Thu / Dec 23rd
Minnesota cannabis officials said that hemp-derived tinctures and other CBD and Delta-8 THC products are illegal because the FDA has not formally approved the cannabinoid products.
Thu / Dec 23rd
A recent survey found 35% of software programmers have used cannabis while completing software engineering-related tasks and 91% of those surveyed believe cannabis should be made legal.
Thu / Dec 23rd
NYC New York Cannabis, a New York City-based cannabis apparel brand, received an injunction from a federal judge on Tuesday for altering several of the city’s departmental logos for profit.
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