article thumbnail

$25 million medical cannabis facility to bring “Budding Industry” to San Marcos

Cannabis Law Report

According to a New Frontier Data Report, the overall legal cannabis industry in America is valued at roughly $13.2 billion and projected to be worth $41 billion by 2025. CBN is a cannabinoid produced when THC is heated or exposed to oxygen and light over time and is known as a sleep aid.

Tincture 105
article thumbnail

Avicanna Completes First Commercial Export of Aureus Branded Full Spectrum Psychoactive CBD Cannabis Extracts to Brazil

Cannabis Law Report

This export also validates the emergence of the global cannabinoid sector with reliance on quality, traceability and sustainability that Avicanna ’s Aureus products offer. To the knowledge of the Company, it carries out its operations in compliance with all applicable laws in the jurisdictions in which it operates.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

A new report from New Frontier Data delves into the average number of plants that are considered to be “hot” and what the industry could look like in the near future. New Frontier Data released new data on August 5 regarding crops and how many plants have gone “hot,” or exceeded the required limit of less than 0.3 Shutterstock.

Hemp 52
article thumbnail

Khiron Opens First clinic in Europe with Zerenia™ Clinics UK

Cannabis Law Report

Even though Germany will continue to dominate the European market for medical cannabis until at least 2024, industry consultants Prohibition Partners expect the UK medical cannabis market to show the most significant growth of any country in Europe by 2025.

Therapy 52
article thumbnail

Legalization of Cannabis 

Cannabis Law Report

According to data from the National Survey on Drug Use and Health, 44 percent of men and 35 percent of women had smoked marijuana at some point in their lives. According to data from the National Survey on Drug Use as well as Health6, the rate of previous cannabis use as well as number of customers were greater in 2009 (6.6 million).

article thumbnail

Luff Announces Exclusive Wholesale Distribution Agreement with Alkannoli Lda for German and Portugal Markets

Cannabis Law Report

According to New Frontier Data, the CBD market in Europe was worth € 8.3 billion by 2025. The company focuses on unique formulations leveraging cannabinoids such as CBG and CBN; and boosts them with superfood ingredients to empower people to realize the full potential of everyday life.

article thumbnail

UK: New trade association launching today to lead CBD industry regulation

Cannabis Law Report

The Association for the Cannabinoid Industry has been launched to lead CBD industry regulation. The Association for the Cannabinoid Industry (ACI) is set to lead the charge for CBD industry regulation. The Association for the Cannabinoid Industry. This announcement represents another key milestone on this path.”.

CBD 40