CBD Oil Market to Hit Nearly US$137 Billion by 2029
The CBD oil market is expected to witness an astounding CAGR of 38.90% from 2021 until 2029, climbing from $9.86 billion to $136.64 billion. There are several reasons behind the projected growth such a growing ... [Read]
CBD Usage Rising in Japan Despite Drug Taboo
Japan may be known for its zero-tolerance cannabis laws and strong social stigma against the drug, but the sentiment towards CBD is quickly changing. CBD extracted from the seeds or adult stems of the plant ... [Read]
Thailand Becomes First Asian Country to Legalize Marijuana
Thailand made headlines last week when it became the first country in Asia to decriminalize marijuana, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin Charnvirakul expects legal ... [Read]
Booming Legal Cannabis Market to Continue Rising in 2022 and Beyond
The global cannabis market is continuing to grow rapidly thanks to increasing legalization and social adoption across the globe. According to a report by Vantage Market Research, revenue came in at US$12.8 billion in 2021 ... [Read]
Flora Growth’s JustCBD Brand Launches Novel Foods Line on Amazon UK
Flora Growth Corp. (NASDAQ:FLGC) a leading outdoor grower, manufacturer, and distributor of global cannabis products and brands, just announced that its subsidiary JustCBD will launch its line of Novel Foods-approved CBD products on Amazon.co.uk. This ... [Read]
Namaste Technologies Announces Phyto Extractions Shatter Now Available Nationally for Medical Consumers
TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (TSXV:N)(OTC:NXTTF)(FRANKFURT: M5BQ)(“Namaste” or the “Company”) a marketplace platform for cannabis and wellness products, is excited to announce that the Company’s subsidiary, CannMart Inc., holder of exclusive ... [Read]
Pure Extracts and Shroombloom Sign Psychedelic Mushroom Supply Letter of Intent.
Vancouver, B.C., March 9, 2021 (GLOBE NEWSWIRE) – Pure Extracts Technologies Corp. (CSE:PULL)(OTC:PRXTF) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is ... [Read]
Cannabis Weekly Round-Up: Reddit Sets Sights on Cannabis
Cannabis stocks go for a bumpy ride after becoming the most recent target of coordinated Reddit open market moves. A stock market researcher issued a new report highlighting the recent changes in short selling for ... [Read]
Valeo Pharma’s Redesca™ Receives Positive Recommendation for Public Reimbursement in Quebec
MONTREAL, Jan. 25, 2021 /CNW Telbec/ – Valeo Pharma Inc. (CSE:VPH)(OTCQB:VPHIF)(FSE: VP2) (“Valeo” or the “Company“), a Canadian pharmaceutical company, announced today that it has received notice of a positive recommendation by Quebec’s Institut national d’excellence en santé et en services ... [Read]
Cronos Group Inc. to Speak at the Cowen 2020 Boston Cannabis Conference
TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Executive Chairman, is scheduled to speak on ... [Read]