The cannabis food and drink sector has seen a large increase in patent filings in the last five years, according to a PatSnap report.

The report, which covered cannabis compounds in edibles and beverages and how new legislation offers a “once in a lifetime opportunity”, showed that 242 patent families covering cannabis food and drink were filed in 2015, up from 144 in 2012, evidencing a growing trend toward cannabis patents over the past 5 years.

According to the report, legal cannabis sales in the US are expected to reach almost $10 billion in 2018 and nearly $23 billion in 2025.

Click here to read the complete article

Ben Wodecki ~ ~

Recent News Articles

Monday December 24

Oklahoma quickly becoming medical marijuana hotbed - Cannabis News

in Law & Crime

by Bruce Kennedy - Editor in Chief

The rollout of statewide medical and recreational marijuana programs typically is a grindingly slow process…

998 hits

Monday December 24

Colorado sees average price of wholesale marijuana rise in second half of 2018 - Cannabis…

in Finance

by Bruce Kennedy - Editor in Chief

New average market rates for products grown for retail purposes help state calculate excise tax…

980 hits

Monday December 24

Aging Well: More seniors using medical cannabis - Cannabis News

in Medical News

by Bruce Kennedy - Editor in Chief

More seniors are turning to medical marijuana to ease their pain. The National Council on…

908 hits

Monday December 24

What Are Landrace Strains? Here’s Everything You Need To Know - Cannabis News

in Cannabis News

by Bruce Kennedy - Editor in Chief

These are wild and natural strains of marijuana that humans discovered long before they began…

1719 hits

Tuesday December 25

Thailand approves medical marijuana in New Year's 'gift' - Cannabis News

in World News

by Bruce Kennedy - Editor in Chief

Thailand approved marijuana for medical use and research on Tuesday, the first legalization of the…

981 hits