2020 was a tumultuous yet defining time for the cannabis industry. Despite the impact of the COVID-19 pandemic, Brexit, and the ever-changing legislation in Latin America and the US, it was still a winning year for cannabis. More states legalized the use of cannabis, and cannabis stocks quietly performed well. New…
For years on end, cannabis was under tough scrutiny from the public eye. It was perceived as a drug only befitting the scruffy hippies and misfits of society. But with the recent discovery of its vast medicinal potential, the misunderstood plant has finally had a chance to move out of…
The U.S. Department of Agriculture has issued its final rule on hemp, two years after the 2018 Farm Bill officially legalized it for the first time in nearly half a century. The bill started a Hemp Revolution and contributed to the growth of the Cannabis Industry.
As we kick off the new year, we are assessing up-and-coming trends in the industry. Along with expanding legalizations and craft cannabis, considerable focus is going into infused cannabis products, including the use of CBD.
It is not a secret that the cannabis industry is a currently booming and rapidly growing sector. In America’s 2020 election, marijuana was a big topic, and there is sure to be a rise in legalization across the country. Currently, medical marijuana is legal in 34 states and recreational marijuana has been legalized in 15 states. For business-minded entrepreneurs, the cannabis industry seems like a sure bet and many are trying to break into this growing industry.
Learn the differences between cannabis concentrates, oils, and extracts as well as which one is the best to consider.
As cannabis continues to grow in popularity, consumers are becoming more conscious and receptive to the plant's other medicinal properties. More specifically, people have become enthralled with CBD. At the time of this post, CBD is legally accessible in all 50 states. This has allowed new forms of CBD to become accessible. Companies are now providing Broad Spectrum CBD, Isolates, and Full Spectrum CBD; But what exactly do these terms mean?
A bevy of new territories began selling legal cannabis in 2018, including Canada, Massachusetts, Maryland, Ohio, and Oklahoma. How well these new markets are faring gives us a sense of the strength of the cannabis market and how closely actual results are meeting expectations.
The cannabis market has reached a tipping point and is showing all the signs of an unstoppable juggernaut. For cannabis producers, the expanding market represents an immense opportunity, and competitive advantages can be gained by deploying the right cannabis management and analytics solutions.