article thumbnail

Global Industrial Hemp Market Size to Grow Value of USD 9.64 Billion By 2025: Zion Market Research

Cannabis Law Report

Zion Market Research has published a new report titled “Industrial Hemp Market by Product (Seeds, Fiber, and Shivs) and by Application (Animal Care, Textiles, Automotive, Furniture, Food & Beverages, Paper, Construction Materials, Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”.

Hemp 40
article thumbnail

Report: Federal Marijuana Legalization Would Create $86 Billion in New Tax Revenue by 2025

The Joint Blog

tax revenue between 2019 and 2025 and a $56 billion annual U.S. cannabis market by 2025, states the report. The New Frontier Data State of the Cannabis Union 2019 is now available for free download at the following link: [link]. billion in 2019 to $26.3 billion in 2025. and Congressman Lou Correa (D-Calif.)

Data 48
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hemp CBD Across Europe: Spain

Canna Law Blog

The enactment of the 2018 Farm Bill and the legalization of hemp and hemp derivatives, including cannabidiol (“CBD”), has led to a massive CBD craze in the United States. According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. Spain has a long history of hemp production.

Hemp 59
article thumbnail

Judge Rules Texas Ban on Smokable Hemp Unconstitutional

SpeedWeed

Texans will have the ability to legally manufacture smokable hemp products after all. A judge in the Travis County District Court in Texas ruled that a ban on smokable hemp in the state is unconstitutional—siding with several hemp companies that filed a lawsuit , challenging the 2019 ban on smokable hemp products passed by Texas lawmakers.

Hemp 52
article thumbnail

Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

research, the company states that the average percentage of plants that are considered hot in hemp harvests throughout the U.S. 2018: 111,912 acres of hemp licensed, 78,176 acres planted, (harvest data unavailable for 2018). 2019: 511,442 acres of hemp licensed, 242,565 acres planted, 134,059 acres harvested.

Hemp 52
article thumbnail

“Pre-Roll Experts” offer new, high-capacity grinder for the hemp industry

SpeedWeed

Dateline: [FIFE, WASHINGTON, March 2021] — In an ongoing effort to have the most comprehensive selection of cones, tubes, industrial machines , and packaging for the pre-roll sector of the hemp and cannabis industry, Custom Cones USA is proud to now offer the Mega Industrial Cannabis Grinder. from 2019 to 2025.

Hemp 52
article thumbnail

4 Hemp Farming Tips to Help Increase Your Profits

Cannabis Law Report

Since the 2018 Farm Bill loosened limitations on hemp production, you have heard a lot about hemp’s enormous economic potential. MarketsandMarkets projects that the industrial hemp market will increase from $4.6 billion in 2019 to $26.6 billion by 2025. Is it worthwhile to farm hemp for the sake of profit?

Hemp 52