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 ~ IPProPatents.com ~

Recent News Articles

Thursday October 18

How Medical Cannabis Can Be A Silver Bullet For Neuropathy - Cannabis News

in Medical News

by Bruce Kennedy - Editor in Chief

Various studies have shown that medical marijuana has proven efficacious in lessening pain levels for…

1300 hits

Thursday October 18

How Much Per Gram? A Tour of Canadian Pot Prices on Day 1 - Cannabis…

in Finance

by Bruce Kennedy - Editor in Chief

Quebec offers the lowest prices, Ontario among the highest, with legal cannabis prices generally not…

1550 hits

Thursday October 18

World Anti-Doping Agency should remove cannabis from banned list, says Canadian snowboard legend - Cannabis…

in Sports

by Bruce Kennedy - Editor in Chief

Ross Rebagliati was stripped of 1998 Olympic gold medal after positive test for the drug.

1501 hits

Thursday October 18

Cannabis food and drink patents saw increase in last five years, says report - Cannabis…

in Finance

by Bruce Kennedy - Editor in Chief

The cannabis food and drink sector has seen a large increase in patent filings in…

2144 hits

Friday October 19

Colorado cracks a billion in annual marijuana sales in record time, generating $200M in tax…

in Finance

by Bruce Kennedy - Editor in Chief

Marijuana sales in Colorado have exceeded $1 billion as of August of this year, with…

1421 hits