Medical cannabis experts at Leafwell recently researched the different states that use CBD the most. During the research, experts examined Google Trends data of search terms frequently used by people interested in CBD. These terms were then combined to give each American state a “total search score” to discover which states have been the most…
Inflation Causing Cannabis Consumers to Buy Less
According to a report from CBD Oracle, about 54% of cannabis consumers will start to buy less cannabis if inflation continues and the price increases. In fact, one in four retailers are already talking about increasing their prices. In the report CBD Oracle talked to over 1,500 adults and asked what differences they have…
Global Cannabis Sales to Grow 10% in 2022
BDSA updated its cannabis market forecast — a five-year rolling global forecast by country, state, province, channel and category — to show that annual global cannabis sales are projected to grow from $30 billion in 2021 to $57 billion in 2026 at a compound annual growth rate (CAGR) of almost 13%. In the United States,…
U.S. Cannabinoids Market Expected to Expand
ResearchAndMarkets.com recently added its report on the U.S. cannabinoids market size, share and trends based on product and segment forecasts from 2022-2030 to its offering. The U.S. cannabinoids market size is expected to reach $60.4 billion by 2030 and is expected to expand at a CAGR of 16.2%. Growing awareness regarding the health benefits provided…
Cannabis Drinks Market Expects Growth
The global cannabis drinks market is set to witness growth, according to a Future Market Insights report. It will grow at a CAGR of 37.3% and top a valuation of $8.3 billion by 2032. Various health benefits, such as improved sleep patterns, weight loss, depression and anxiety reduction, blood pressure regulation, and others are predicted…
CBD.market Store Shares CBG and CBGa Benefits
Online store CBD.market took note of the growing public interest in minor cannabinoids as health and wellness aids in the United States and revealed new information on potential benefits. Once considered “rare” cannabinoids, CBG, CBC, CBN and CBGa are now being formulated into a variety of wellness products to elevate efficacy and synergy as part…
CBD Market Has Potential to Grow Significantly
According to a report published by Data Bridge Market Research, the global CBD market is expected to gain market growth from 2022 to 2029, with growth at a CAGR of 27.8%. Technological advancements in CBD drug treatments and the rise in the healthcare sector are other factors driving the growth of the global CBD market…
Flora Growth Sees Increase in Revenue for 2022
Flora Growth has reported $14.9 million in revenue for the first half of 2022, an increase of 604% compared to H1 2021 and 117% from H2 2021. Meanwhile, gross profit increased to $7 million, an increase of 547% compared to H1 2021 and 363% compared to H2 2021. Flora attributed the growth to its house…
CBD Consumer Health Market Projected to Grow
Zion Market Research has released a study that projects the CBD Consumer Health market to grow from $10.3 billion in 2021 to $37.6 billion by 2028. Over this forecast period, the market is projected to exhibit a compound annual growth rate (CAGR) of approximately 24.1%. CBD Consumer Health Market: Overview Cannabidiol has grown in popularity…
CBD May Reduce Stress During Animal Transport
Member of the Texas A&M university system Tarleton University and HempMy Pet announced positive results of their Cannabidiol (CBD) Equine Study, which focuses on the stress of transportation and a myriad of behaviors. Tarleton University has completed its study using HempMy Pet’s Full Spectrum Abacus CBD oil on horses with great success. The objective of…
Nalu Bio Partners with Open Book Extracts
Open Book Extracts (OBX) announced a commercialization and research and development partnership with Nalu Bio, a company that developed a proprietary chemical synthesis platform that produces high-quality and sustainable cannabinoids. The partnership with OBX will allow Nalu Bio to advance its THCV production method from research and development to commercial-scale manufacturing using its proprietary and…
Day Three Labs Researches Parkinson’s Remedy
Day Three Labs has announced that it will be researching a remedy for Parkinson’s Disease using cannabis. The research and innovation will be funded by CanNegev, the world’s first government-sponsored cannabis innovation incubator. “Research shows that cannabis has the ability to ease Parkinson’s symptoms in patients, but to date, no one has been able to…
Cannabis Seeds Market to See Major Growth
Data Bridge Market Research recently released a study that focused on the global cannabis seeds market, which finds that the market was valued at $1.4 billion in 2021 and is expected to reach $5.7 billion by 2029, registering a CAGR of 18.7% during this forecast period. In recent years, cannabis seeds have shown a considerable…
FDA Regulation of CBD Can Impact Market Growth
Brightfield Group released “CBD: FDA Impact & the Path Forward” — its 2022 mid-year U.S. CBD report. It includes forecasts for two scenarios — with and without Food and Drug Administration (FDA) regulation — to help prepare clients for what to expect if FDA guidance delays continue and for changes in the market that would…
CBD Pet Products Market Set to See Growth in the Future
Research and Markets has predicted that the CBD pet products market is due to see significant growth in the coming years, with a predicted CAGR of 12% from the forecast period of 2022-2027. During the COVID-19 pandemic, the market studied did not experience any negative consequences. Instead, the sales increased. As there were no new…
CBDistillery’s CBG and CBD Products Proven to Reduce Temporary Anxiety
Parent company of CBDistillery, Balanced Health Botanicals, announced that the company’s Daytime Synergy 500mg CBG + 500mg CBD tincture has been proven to relieve mild or temporary anxiety. The results come from a Pathfinder Mission, which was conducted in collaboration with MoreBetter and comes at a time when consumers suffering with anxiety is at an…
Xplor Launches CBD-Focused Payment Processing Solution
Xplor Technologies has announced a new point-of-sale and payment processing solution for CBD retailers to better market, manage and grow their business. According to a report by BDS Analytics & Arcview Market Research, CBD sales in the U.S. are set to surpass $20 billion by 2024, but today’s retailers selling these products have been left behind by…
Industrial Hemp Market Projected to Grow
Research and Markets recently added industrial hemp data to its offerings, as the company shares its predictions for the industry from 2022-2027. The growing acceptance of industrial hemp in numerous industries, coupled with the loosening of strict rules, has increased the market value. Furthermore, innovation and development of new products also expand the market prospects.…
CBD Skincare Products Market Projected to Grow
Over the past few years, the CBD skincare market has been seeing steady growth with the expectation for this trend to continue in the coming years. A report from Market Research Future (MRFR) projects the CBD skincare product market to touch an approximate valuation of $8.86 billion by 2030. Also, the global market will continue…
Slumber Sleep Aid Shares Results From CBD Sleep Study
Slumber Sleep Aid, in collaboration with MoreBetter, has released the results of its Sleep Pathfinder Mission, in which the companies gathered information from hundreds of participants who volunteered to try Slumber’s products for 30 days and log their experiences in the Releaf app. Results from the study include: Slumber CBD and CBN gummies performed better…
Real Tested CBD and KCA Labs Partner to Provide Transparent Testing
Real Tested CBD partnered with KCA Labs to work together in the mission to provide transparency in testing directly to CBD consumers. Because inaccurate test results can lead to serious consequences, Real Tested CBD is dedicated to bringing transparency to consumers through reliable, unbiased and accurate testing. “Our team at KCA was delighted to be chosen…
CBD Skincare Market Growing
Technavio released its latest report, which states that the CBD skincare market value is set to grow by $1.64 billion, progressing at a CAGR of 33% from 2019 to 2024. The market is segmented by type (oils, CMC and MSL), source (hemp and marijuana) and geography (North America, Europe, Asia-Pacific, South America, and the Middle East…
Leafreport Analyzes CBD Price Differences
CBD-dedicated online resource Leafreport conducted an analysis of the pricing of different CBD brands and products. Every six months Leafreport captures a snapshot of the CBD market. It carries out an in-depth pricing analysis, collecting data to compare the prices of more than 3,000 CBD products from more than 100 brands. Its CBD price reports…
Canopy Growth Completes Study on CBD’s Effects on Menstrual Health
A six-month, randomized clinical trial studying the effects of cannabidiol (CBD) on menstrual-related symptoms by Canopy Growth Corp.’s scientific research team yielded positive results. This study was conducted in collaboration with Dr. Jessica G. Irons and Morgan L. Ferretti at James Madison University in Harrisonburg, Va. Nearly 75% of reproductive-aged menstruating individuals report experiencing unpleasant…
Study Will Probe Effects of CBD in Occasional Cannabis Users
Health Canada approved the amendment of a phase I study conducted in collaboration by leading cannabinoid-derived drug discovery and development company Tetra Bio-Pharma Inc. and Dr. Jutras-Aswad and the University of Montreal Hospital Research Centre. The study will assess the safety profile of low and moderate doses of inhaled CBD and determine the cognitive,…