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The global cannabis market is expected to continue climbing to new heights over the next few years, according to a recent report. The report from Arcview Group & BDS Analytics, that said that the global cannabis market is expected to reach to $42.7 Billion by 2024. “That is a true testament to just how popular cannabis is among consumers and the on

This coming year will bring major consumer-driven shifts to the hemp industry. Experts estimate that the CBD market is set to reach $18 billion by 2025 and include CBD for all uses, including topical, pet products, pharmaceuticals, and nutraceuticals.  Here are some industry trend predictions I have for 2021:  Original link

“This is just another way for a celebrity to leverage their own brand equity and to be crass to make money,” according to one industry insider. This year, the cannabis world has welcomed so many famous people. Some decided to become part of the industry as brand ambassadors, while others launched their own brands. Musicians, actors and athletes hav

The year 2020 was a dud in many, many ways due to the pandemic. However, it was a record year for the emerging cannabis industry. Cannabis entrepreneurs around the globe sold a record amount of cannabis and cannabis-infused products. Unfortunately, no countries legalized cannabis for adult use in 2020, but a number of countries either allowed medic

Employment in cannabis pre-2020 could be seen as more of a job, whereas now, people see the industry as a true career investment. This year was a rollercoaster ride for the cannabis industry, which had its fair share of highs and lows. There were legalization breakthroughs, while various cannabis companies enforced massive layoffs. However, there w

When investors talk about cannabis stocks, Canadian players Aurora Cannabis (NYSE:ACB) and Canopy Growth (NASDAQ:CGC) come to mind. But in 2020, U.S. cannabis companies not only proved their potential, but outperformed their Canadian counterparts. Two such companies are Illinois-based Green Thumb Industries (OTC:GTBIF) and Florida-based Trulieve Ca

The South Carolina Department of Agriculture will accept applications for hemp farming permits for the 2021 growing season from Jan. 1 through Feb. 28, 2021. The state's Hemp Farming Program has grown from 20 farmers in 2018 to 265 farmers in 2020 - and each year, the program has changed as state and federal laws changed. When the federal governmen

The year 2020 dawned with thousands of people lined up, some overnight, waiting to be among the first to buy legal recreational marijuana in Illinois. As the long, strange year comes to an end, people are lined up at food banks, to get coronavirus nasal swabs and in some cases, to be among the first to receive a vaccine that may mark the beginning

Now more than ever before, brands across all industries are attuning to the fact that an in-depth understanding of their audience’s interests and lifestyles is key to robust sales and longevity. The cannabis industry posted that message loud and clear this year, with one online cannabis marketplace, Jane Technologies, Inc. (which partners with over

The best marijuana stocks to invest in for 2020 might actually be a surprise to some investors watching cannabis stocks. In the past year pot stocks on your December 2020 watchlist have been delivering gains for shareholders since the March crash. In fact, the American cannabis industry is going into 2021 with strong revenue growth and more expansi

As the cannabis industry expands into the rest of the U.S. market, traditional manufacturers and other businesses are getting involved. For manufacturers, there is an opening for logistical, quality, and production help. Whether it’s in healthcare or packaging, outside industry is now applying traditional business methods to cannabis to further leg

Pests and contaminates are a given in the cultivation of cannabis, and most standards developed to control these on other agricultural products don’t apply. This is why the U.S. Pharmacopeia has stepped in to provide analytical methods and risk-based limits for the industry to help protect public health, including looking at how cannabis is grown,

Columbia Care Inc.  (OTCQX: CCHWF) is buying privately-held Green Leaf Medical, LLC  for approximately $240 million with the potential for additional performance-based milestone payments. Columbia will make a payment of $240 million, consisting of a cash payment of $45 million with the balance of $195 million being satisfied by the issuance of 43,9

Up 64% and 34%, respectively, Tilray (NASDAQ:TLRY) and HEXO (NYSE:HEXO) are among the best-performing cannabis stocks in the industry over the past three months. And the momentum seems to be just getting started, as they both have massive upside potential going into 2021.  Original link

In 2020, cannabinoid production undoubtedly continued to steal the hemp show. According to a recent survey by market analytics firm Hemp Benchmarks, nearly 90% of growers opted to cultivate hemp either for cannabidiol (CBD) or cannabigerol (CBG). But excitement has been simmering for another segment of the hemp market: hemp fiber. With the potentia

It's been a crazy year on Wall Street. Investors only have eyes for the unrelenting rally in and growth prospects of tech stocks. But they might be overlooking an even greater growth story: marijuana stocks. Though cannabis stocks have been on a wild ride of their own over the last five to seven years, we're beginning to see the first signs of indu