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dontmeantobepoliticalbut · 2 years

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President Joe Biden on Thursday pardoned thousands of individuals convicted of possessing marijuana, saying the current system "makes no sense" and sending pot stocks soaring on the news.

The pardons apply only to federal offenders convicted of "simple marijuana possession" as well as those charged in the District of Columbia, but Biden called on Governors across the country to follow suit.

"Just as no one should be in a federal prison solely due to the possession of marijuana, no one should be in a local jail or state prison for that reason, either," Biden said in a statement.

More than 6,500 individuals with prior convictions for simple marijuana possession were impacted by the pardons, a White House official said, and thousands more through pardons under D.C. law. The pardons will not be extended to those who weren't U.S. citizens and were illegally in the country at the time of their arrest.

Cannabis companies Tilray Brands and Canopy Growth both spiked on the news, gaining 30% and 22%, respectively, in afternoon trading. As of Thursday's close, however, each stock still traded for less than $4 per share.

In addition to the pardons, Biden announced that he has instructed Secretary of Health and Human Services Xavier Becerra and Attorney General Merrick Garland to begin reviewing how marijuana is classified under federal drug laws.

Biden noted that marijuana is currently a schedule one substance under federal drug sentencing guidelines, "the same as heroin and LSD – and more serious than fentanyl," he said. "It makes no sense."

The Justice Department's Office of the Pardon Attorney will take the lead on administering Biden's proclamation, an agency spokeswoman said.

In the coming days, the office will implement a formal process to provide pardoned individuals with a certificate of pardon, she added.

The proclamation also formally restored to these individuals all the political, civil, and other rights that were denied to them as felons.

"There are thousands of people who were convicted for marijuana possession who may be denied employment, housing, or educational opportunities as a result," Biden said. "My pardon will remove this burden on them."

The relatively small number of people who were actually pardoned on Thursday obscures the massive role that marijuana plays in the American criminal justice system.

Every year, arrests for marijuana possession typically account for between 40% to 50% of all drug arrests nationwide.

According to research compiled by the American Civil Liberties Union, between 2010 and 2018, there were 6.1 million arrests in the United States for marijuana possession. In 2018 alone, police made more arrests for marijuana, "than for all violent crimes combined."

The ACLU data also shows that these arrests disproportionately impacted people of color and low-income communities, serving to deepen existing structural inequalities.

"Too many lives have been upended because of our failed approach to marijuana," Biden said. "It's time that we right these wrongs."

Beyond Washington, Thursday's news represents a major victory for the country's nascent marijuana industry, which has struggled to gain access to major financial markets due to disparities within the patchwork of state laws that govern marijuana possession.

"Today represents action from the Administration that we have been waiting for – an acknowledgement that cannabis prohibition has failed and that too many lives have been significantly impacted as a result," said David Culver, vice president of government relations for Canopy Growth.

Biden's proclamation "has set into motion the actions needed to heal the harms of the past and chart a course for responsible, legal cannabis markets in the future," he said.

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clothinglennyco · 2 years

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Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory

Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022. Andrew Kelly | Reuters If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market pros are watching for more signs that stocks could be bottoming, though strategists say that is a tricky prospect and there…

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thelegend9798 · 2 years

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Cramer's week ahead; market needs obstacles resolved before a rally

Cramer’s week ahead; market needs obstacles resolved before a rally

CNBC’s Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved. “If we want the market to stage a meaningful comeback, we need China to reopen, Russia to withdraw from Ukraine, and the [Federal Reserve] to curb-stomp inflation with a 100-basis point rate hike,” the “Mad Money” host said. “Unfortunately, only one of those…

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#Autozone Inc.#Best Buy Co Inc #Business #business news #Canopy Growth Corp.#Costco Wholesale Corp.#Investment strategy #Jim Cramer #Macy&039;s Inc.#MARKETS #NVIDIA Corp.#Stock markets #Target Corp.#Toll Brothers Inc.#Zoom Video Communications Inc.

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marketinsight1234 · 8 days

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Legal Cannabis Market Size-Share, Growth Factors, Forecast 2023-2030

Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2023-2030, considering the base year as 2022.

The Legal Cannabis Market has experienced unprecedented growth in recent years, driven by changing societal attitudes towards cannabis, increasing legalization efforts, and the recognition of its potential economic benefits. As more regions around the world embrace cannabis for medical and recreational use, the market has evolved into a dynamic and multifaceted industry. The market encompasses a wide range of products, including cannabis flower, edibles, concentrates, and pharmaceuticals, creating a diverse landscape with numerous opportunities for both established players and new entrants.

Leading Key Players Covered Legal Cannabis Market: -

Canopy Growth Corporation (Canada), Aphria Inc. (Canada), VIVO marijuana Inc. (Canada), OrganiGram Holding Inc. (Canada), Aurora marijuana Inc. (Canada), The Green Organic Dutchman (Canada), Atlas Growers (Canada), Maricann Group, Inc. (Canada), Tilray Inc. (Canada), Terra Tech Corp. (US), Stenocare A/S (Denmark), HEXO Corp. (Canada), Medical Cannabis Inc. (US), AlephSana GmbH (Germany), Tikun Olam Ltd. (Israel), Cannabis Science Inc. (US) and Other Major Players

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Market Driver:

One significant market driver propelling the Legal Cannabis Market is the growing acceptance of cannabis for medicinal purposes. Increasing awareness of the therapeutic properties of cannabis, along with a shift in regulatory frameworks favoring medical cannabis use, has fueled demand. The expanding list of medical conditions where cannabis is prescribed, such as chronic pain, epilepsy, and anxiety, is driving the market's growth. As more scientific research validates the medical efficacy of cannabis, it not only enhances consumer confidence but also attracts investments and stimulates innovation in product development.

Market Opportunity:

A key market opportunity lies in the emerging trend of cannabis-infused products and beverages. The shift towards alternative consumption methods, such as edibles and beverages, presents a vast opportunity for market players. As consumers seek discreet and convenient ways to incorporate cannabis into their lifestyles, the market for infused products is expected to witness significant growth. This includes a wide range of offerings, from cannabis-infused snacks and beverages to more sophisticated formulations catering to specific health and wellness needs. Companies that can successfully navigate this segment stand to capitalize on the evolving preferences of consumers.

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By Type

By Product Type

By Sales Channel

By Application

By End-User

By Region

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businesstycon · 3 months

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Cannabis Chronicles: Trends, Insights, and Market Dynamics till 2031

Cannabis Market Information:

Market Overview

The global cannabis market is projected to reach USD 189.89 billion by 2031 at a 24% CAGR (2023-2031). In 2020, 15 states legalized recreational cannabis, 35 states allowed medicinal use. -Changing trends by region The food and beverage (F&B) industry is witnessing significant shifts driven by evolving consumer preferences, changing retail landscapes, technological advancements, and regulatory updates. This market research report offers crucial insights for industry professionals seeking to navigate these complexities and seize growth opportunities. It highlights key drivers such as the demand for healthy, sustainable options and the impact of e-commerce on distribution channels. Moreover, it delves into segment analysis, regional trends, and competition dynamics, equipping businesses with actionable intelligence to stay ahead in this dynamic market.

Competitive Players

Some of the key players operating in the Cannabis market are

Tilray

Canopy Growth Corp

GW Pharmaceuticals PLC

Aurora Cannabis Inc.

Aphira Inc.

MedReLeaf Corp

CV sciences Inc.

Delta 9 Cannabis

Cannimed Therapeutics Inc.

Vivo Cannabis

Good Leaf

Halo Labs

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The Cannabis market report helps a wide range of businesses figure out what their consumers truly want by doing extensive market research. When it comes to new products, every company owner wants to know how much demand there is, and this report is a great resource. Additional benefits include ensuring that the most recent market developments are covered. You may keep a close check on key rivals and their company growth tactics by reading the Cannabis market research. It also does an in-depth research for the years 2022-2030 in order to provide company owners with new business options.

This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.

Global Cannabis Market: Segmentation

By Product Type

Capsules

Concentrates

Edibles

Other Product Types

By Application

Medical

Recreational

By Compound Type

Tetrahydrocannabinol (THC)

Cannabidiol (CBD)

Balanced THC and CBD

The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

North America (U.S., Canada)

Europe (U.K., Germany, France, Italy)

Asia Pacific (China, India, Japan, Singapore, Malaysia)

Latin America (Brazil, Mexico)

Middle East & Africa

This Report is available for purchase on Buy Cannabis Market Report

Key Highlights

In order to explain Cannabis the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces

The purpose of this study is to examine the manufacturers of Cannabis , including profile, primary business, and news, sales and price, revenue, and market share.

To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of Cannabis percent

In order to illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application

To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.

To conduct an investigation into the production costs, essential raw materials, and production method, etc.

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To get deep analyses of the industry and to have a complete comprehension of the commercial landscape of the global market.

Analyse the production processes, key problems, and potential solutions in order to reduce the potential for future problems.

The goal of this study is to get an understanding of the most influential driving and restraining factors in the Cannabis industry as well as the influence that this market has on the worldwide market.

Gain an understanding of the market strategies that are now being used by the most successful firms in their respective fields.

In order to have an understanding of the market's future and potential.

About Us:

StraitsResearch.com is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.

Contact Us: Email: [email protected] Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: +1 6464807505, +44 203 318 2846

#Cannabis Market #Cannabis Industry #Cannabis Market Share #Cannabis Market Size #Cannabis Market Trends #Cannabis Market Regional Analysis #301 Market Growth Rate

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ailtrahq · 8 months

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Canopy Growth Corp. (CGC) Stock Price has shown a gain of nearly 70% a week from a record low showing some signs of recovery in the upcoming sessions. The Stock Price has reacted to the News reported by Bloomberg as the US is moving towards legalizing marijuana, which could create a huge opportunity for the company. Canadian cannabis stocks have been in a slump for years, but there is hope for a revival. One of the former leaders, Canopy Growth (TSX: WEED), has been one of the worst performers this year. It started with a brief rally but then plunged 70% and is now below $1. Canopy Growth Stock (CGC) Stock has already jumped 70% in a week and could go higher if it continues with the momentum. If it reaches its 2023 high, investors could triple their money if they buy now. Canopy Growth is a fallen giant that could rise again. The analysts are offering a 1-year Price forecast for Canopy Growth Corp. Stock. They have given a maximum estimate of $2.20 with a potential of more than 136% to the upside and a drawdown of 64% to fall back to $0.32. Canopy Growth Corp. (NASDAQ: CGC) engages in the production and sale of cannabis and cannabinoid-based products for both adult use and medical purposes. Source: barchart.com CGC Stock option-chain analysis states that the current implied volatility in the Market is 241.24% with an increment of 29.08% in the last Trading session. The nearest resistance of $1 has 290 open contracts on the PUT side and 14,920 open contracts on the CALL side indicating the dominance of sellers at the current level. The PUT/CALL ratio is 0.22 indicating that CALL writers dominate the Market as per the data. CGC Stock Price Shows Bulls Regaining Control The CGC Stock Price currently trades at $0.93 with a gain of over 70% in the past 1 week. The Price may surge above the $1 level if it continues with the same momentum in the next week. The daily chart shows that the Price broke out of the descending triangle pattern. The Price needs to show a gain of 1000% to reach a mark of $10. The CGC Stock needs to show continuous and stable growth over a period of time to reach the $10 mark.Moreover, the option chain data shows the bears are still active at the upper levels indicating that the Buyers need to struggle to gain full control and surpass the upper levels. EMAs Show Golden Crossover On the Daily Chart The daily CGC Stock Price chart shows that the Price made a breakout of the 50 EMA showing bullishness in the short term. The overall Technical Opinion rating including RSI and MACD signals a 24% buy with an average short-term outlook on maintaining the current direction. Conclusion Canopy Growth, (CGC Stock), a Canadian cannabis company, rose 70% in a week after the US moved towards legalizing marijuana. The Stock trades below $1 but could triple if it reaches its 2023 high. Analysts have a positive outlook with a maximum potential of 136%. The Stock has broken out of a bearish pattern but needs to gain 1000% to reach $10. The option chain data shows resistance from bears at higher levels. Canopy Growth is a former leader that could recover. Technical Levels Support levels: $0.35 and $0.65. Resistance levels: $1.05 and $1.36.

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distinguishedhideoutdestiny · 8 months

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Global Cannabis Extract Market Is Estimated To Witness High Growth Owing To Increasing Legalization and Medical Applications

The global Cannabis Extract market is estimated to be valued at US$ 9,125.8 million in 2022 and is expected to exhibit a CAGR of 17.3% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Cannabis extracts are concentrated forms of cannabis that are derived from the plant. These extracts contain higher levels of cannabinoids such as THC (tetrahydrocannabinol) and CBD (cannabidiol) compared to the plant itself. They are used for various purposes including medical treatments, recreational use, and wellness products. The need for cannabis extracts arises from their potential therapeutic benefits in managing various medical conditions such as chronic pain, epilepsy, multiple sclerosis, and nausea associated with chemotherapy. Additionally, the increasing legalization of cannabis for medical and recreational use in several countries has also contributed to the growth of the market. Market Key Trends: One key trend driving the growth of the cannabis extract market is the increasing legalization of cannabis for medical and recreational use. Several countries, including Canada and various states in the United States, have legalized cannabis for medical and/or recreational use. This has created a significant market opportunity for cannabis extract products, as consumers seek alternative methods of cannabis consumption beyond smoking or vaping. For example, the legalization of cannabis for recreational use in Canada in 2018 has led to the emergence of a robust cannabis extract market. Consumers can now choose from a wide range of cannabis extract products such as oils, tinctures, edibles, and topicals. This trend is expected to continue as more countries recognize the potential medical benefits of cannabis and reform their regulatory frameworks accordingly. PEST Analysis: - Political: The political landscape surrounding cannabis legalization varies across countries. In some countries, such as Canada and Uruguay, cannabis has been fully legalized for both medical and recreational use. However, in other countries, it remains illegal or only allowed for medical use. - Economic: The economic impact of the cannabis industry is significant, with the potential for job creation, tax revenue generation, and investment opportunities. - Social: The social acceptance of cannabis has been increasing, fueled by its potential medical benefits and changing attitudes toward recreational use. - Technological: Advancements in extraction techniques and product formulations have enabled the development of a wide range of cannabis extract products with improved purity and consistency. D) Key Takeaways: - The global cannabis extract market is expected to witness high growth, exhibiting a CAGR of 17.3% over the forecast period, due to increasing legalization and the growing demand for medical applications of cannabis. - North America is expected to dominate the market, driven by the legalization of cannabis in several states in the US and full legalization in Canada. - Key players operating in the global cannabis extract market include Canopy Growth Corporation, Aurora Cannabis Inc., Tikun Olam, Cannabis Science Inc., Aphria Inc., Maricann Group Inc., Tilray Inc., VIVO Cannabis Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., MedMen, Teva Pharmaceutical Industries Ltd., and Organigram Holdings Inc. In conclusion, the global cannabis extract market is poised for significant growth driven by increasing legalization and the growing recognition of its medical applications. With advancements in extraction techniques and product formulations, the market is expected to offer a wide range of innovative products to cater to the diverse needs of consumers. However, regulatory challenges and social stigma associated with cannabis remain hurdles that need to be overcome for the market to reach its full potential.

#Cannabis Extract Market

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sueheaven · 11 months

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Cannabis Cultivation Market is Booming Worldwide | Gaining Revolution In Eyes of Global Exposure

Latest business intelligence report released on Global Cannabis Cultivation Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Cannabis Cultivation market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:

Canopy Growth Corporation (Canada)

Aphria Inc. (Canada)

Aurora Cannabis Inc (Canada)

Tilray (Canada)

GW Pharmaceuticals (United Kingdom)

CAB International (United Kingdom)

Organigram Holdings Inc (Canada)

Applied DNA Sciences Inc (United States)

The Cronos Group (Canada)

Wayland Group Corp.(Canada) Cannabis cultivation refers to growing cannabis, either in a commercial facility or in a home garden. There are various states where medical cannabis is legalized and they provide cannabis cards which allowed to grow a certain number of plants at home for personal use and also the same for commercial. Increasing demand for cannabis in the medical industry and legalization of cannabis boosting the cannabis cultivation market in the forecasted period. Key Market Trends: Use of Advanced Techniques in Cannabis Cultivation Opportunities: Rising Number of Countries Legalizing Cannabis Cultivation such as Canada, the United States, Australia, Belgium, Mexico, etc.

The High Demand for Cannabis in Medical Industry Market Growth Drivers: Increasing Demand for Cannabis Globally

Growing Legalization of Medical Cannabis in Various Countries Challenges: Stringent Government Regulations for Cannabis Cultivation in Some Countries The Global Cannabis Cultivation Market segments and Market Data Break Down by Type (Indoor Cannabis Cultivation, Outdoor Cannabis Cultivation), Application (Pharmaceutical, Food & Beverages, Personal Care & Cosmetics, Other), Product (Buds, Oils, Tinctures)

Presented By

AMA Research & Media LLP

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anyawinget · 1 year

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North America Cannabis Market Overview by Development and Growth 2020 to 2027

“The North America cannabis market is expected to reach US$ 65,161.4 million by 2027 from US$ 6,036.9 million in 2019. The market is anticipated to grow at a CAGR of 29.9% from 2020 to 2027.”

The report titled “North America Cannabis Market” has recently been added by Business Market Insights to get a stronger and more effective business outlook. It provides an in-depth analysis of the different attributes of the industry, such as trends, policies, and customers operating in different geographies. Research analysts use quantitative as well as qualitative analytical techniques to provide users, business owners, and industry professionals with accurate and actionable data.

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The North America Cannabis market following are the manufacturers cover -

· Aphria, Inc.

· Aurora Cannabis

· Cannabis Science, Inc.

· Canopy Growth Corporation

· Medical Marijuana, Inc.

· VIVO Cannabis Inc.

· Tikun Olam

· Terra Tech Corp.

· Tilray

· The Cronos Group

The leading players of the North America Cannabis industry, their market share, product portfolio, company profiles are covered in this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among North America Cannabis players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and useful guide to shaping your business growth.

North America Cannabis Market Segment by Type, the product can be divided into:

· Flowers

· Concentrates

· Others

Market Segment by Application, split into:

· Medical

· Pain Management

· Neurological Health Management

· Mental Health Management

· Others

· Recreational

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Research Objectives:

-To study and analyze the North America Cannabis consumption (value & volume) by key regions/countries, product type and application, history data.

-To understand the structure of North America Cannabis by identifying its various sub-segments.

-Focuses on the key North America Cannabis manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.

-To analyze North America Cannabis with respect to individual growth trends, future prospects, and their contribution to the total market.

-To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

-To project the consumption of North America Cannabis submarkets, with respect to key regions (along with their respective key countries).

-To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

-To strategically profile the key players and comprehensively analyze their growth strategies.

This research report also presents practical and practical case studies to help you get a clearer understanding of the topic. This research report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks in the North America Cannabis market.

Finally, North America Cannabis Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report provides locales, economic conditions, item values, benefits, limits, creations, supplies, requests, market development rates, and numbers, etc. North America Cannabis Industry Report Announces Additional New Task SWOT Examination, Speculation Achievement Investigation and Venture Return Investigation.

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If you have any questions about this report or would like further information, please contact us:

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rohans18 · 1 year

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Cannabis Capsule Market Research Report, Growth, Analysis and Forecast 2029

Global Cannabis Capsule Market, By Product (High THC Capsule, THC/CBD Balanced Capsules, High CBD Capsules Digital), Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant), Application (Medical, Recreational), End User (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales) – Industry Trends and Forecast to 2029

The consistent Cannabis Capsule market report analyzes many points that help businesses to solve the toughest questions in less time. The major topics of this business report are global growth trends, market share by manufacturers, market size by type, market size by application, production by region, consumption by region, company profiles, market forecast, value chain and sales channels analysis, opportunities & challenges, threat and affecting factors. The report gives market definition in the form of market driving factors and market restraints which helps estimating the demand of particular product depending on several aspects. Cannabis Capsule market survey report studies the global market status and forecast, categorizes the global market size, market value & market volume by key players, type, application, and region.

Key Players

Joy Organics (U.S)

CBD istillery (U.S)

Gaia Botanicals (U.S)

Harmony (U.S)

Floyd’s of Leadville (U.S)

Lazarus Naturals (U.S)

cbdMD (U.S)

Pure Hemp Botanicals (U.S)

ENDOCA(Netherlands)

Green Roads (U.S)

Tilray (U.S)

Canopy Growth Corp. (Canada)

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One of the principal objectives of a high-ranking Cannabis Capsule industry report is to analyze and study the global sales, value, status, and forecast. The market report also analyzes the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. The report assists to define, describe and forecast the market by type, application and region. It estimates the region that is foretold to create the most number of opportunities in the global Cannabis Capsule market. This market research report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. An insightful Cannabis Capsule market report assists clients to stay ahead of the time and competition.

Key questions answered in the report:

Which product segment will grab a lion’s share?

Which regional market will emerge as a frontrunner in coming years?

Which application segment will grow at a robust rate?

Report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Cannabis Capsule Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Table Of Content

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Global Market

Part 04: Global Market Sizing

Part 05: Global Market Segmentation By Product

Part 06: Five Forces Analysis

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Middle East and Africa Thyroid Ablation Devices Market

Europe Thyroid Ablation Devices Market

U.S. Dermatology Drugs Market

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nycannabistimes · 1 year

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Legal Weed Guy’s version also holds weight.. shorty got a key to the hood ya heard! 😆🤣😂 Callem if you get bagged! 😆Nah just kidding..😁Meanwhile como te iva diciendo @legalweedguy ・・・ Canopy Growth Corp, one of the largest public cannabis companies on Earth, has indirectly entered the New York adult-use market through a licensing agreement from Jetty. While Canopy doesn't "officially" yet own Jetty, really, they kind of effectively own Jetty. This is shockingly unsettling because Canopy has also just formalized their plan to acquire Acreage Holdings, the owners of NYCANNA, a medical marijuana business in New York. "Acreage Obtains Final Order for U.S. Strategic Arrangement with Canopy and Canopy USA" So, while Canopy doesn't "officially" yet own Acreage, really, they kind of effectively own Acreage. The BIG red flag here is that New York medical companies ARE NOT YET ALLOWED to sell adult use cannabis products. In fact, the current proposed regulations maintain that Registered Organizations will have to wait three years after the first adult use sales transaction takes place before they can participate in adult-use sales. Not to worry! Canopy found a way to fast track its entry into the NY adult-use market by selling Jetty's products in adult-use dispensaries. Now, here's the kicker. Since Canopy seemingly has the right to conclude its purchase of Acreage, and the TPI regulations require disclosure of any FUTURE rights to equity or ownership, does Canopy CURRENTLY qualify as a True Party of Interest of Acreage/NYCANNA, a NY Medical Cannabis licensee? In other words, should Canopy be permitted to simultaneously sell Jetty in adult-use cannabis dispensaries? I don't know about you, but this whole situation seems shadier than a palm tree in a grow room. It's like David versus Goliath, but instead of a slingshot, David has a joint and Goliath has an unlimited budget for lobbying and legal. We need to stand up for small farmers and local businesses and hold big cannabis companies accountable for their actions. Who's with me? How about you New York State Office of Cannabis Management? (at Washington Heights) https://www.instagram.com/p/CqVuePtO2UL/?igshid=NGJjMDIxMWI=

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akanksha-industry-worth · 1 year

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Legal Marijuana Market Worth $75.6 Billion By 2025

According to this latest publication from Meticulous Research®, the global legal marijuana market is expected to grow at a CAGR of 28.3% from 2019 to 2025 to reach $75.6 billion by 2025. The global legal marijuana market is majorly driven by increasing legalization of marijuana across the globe, growing medicinal application of marijuana, rising geriatric population who need treatment for chronic diseases, and growing awareness about the application of marijuana. In addition, huge untapped market provides significant opportunity for the growth of the legal marijuana market. However, the high cost associated with legal marijuana and strict regulations against usage of marijuana obstructs the growth of this market to some extent.

Key Market Segments to Watch

This study provides assessment of the global legal marijuana market on the basis of product type (buds / marijuana flower and marijuana extracts), marijuana extracts (oil, tinctures, and others), species (cannabis indica, cannabis sativa, and cannabis hybrid), strains (THC-dominant, CBD-dominant, and balanced THC and CBD), purchase channel (online and offline), application (medical, recreational, and cosmetics and others), medical application (chronic pain, mental disorders, cancer, and others), and end-use industries (pharmaceutical; food, beverages, and tobacco; personal care; and research and development centers). The study also evaluates industry competitors and analyses the market at country level.

Based on product type, the global legal marijuana market is segmented into buds/ marijuana flower and marijuana extracts. Buds / marijuana flower held the largest market share of the global legal marijuana market in 2018. The large share of this segment is mainly attributed to the presence of large number of tobacco smokers.

Based on strains, the CBD-dominant strains are expected to witness a rapid growth during the forecast period. The rapid growth of market is attributed to the fact that CBD has a broader therapeutic index compared to THC; and it is believed to help with appetite stimulation, bone-growth stimulation, immunosuppression, and neuroprotection.

Based on application, legal marijuana market is segmented into three major segments namely, medical, recreational, and cosmetics and others. Medical segment accounted for the largest share of the global legal marijuana market in 2018. However, recreational application segment is expected to witness a rapid growth during the forecast period. The rapid growth of this market is primarily attributed growth in the number of consumers after legalization and growing trend of consuming marijuana as a substitution to alcohol.

This research report analyzes major geographies and provides comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America accounted for the largest share of the North America legal marijuana market in 2018. The region is also expected to witness the fastest growth during the forecast period. The major share of this region is mainly attributed to changing people's attitude toward marijuana use, large base of marijuana consumers, presence of key players in the region, rising acceptance for both medical and recreational purposes, and increasing investment from leading players.

𝑺𝒑𝒆𝒂𝒌 𝒕𝒐 𝑨𝒏𝒂𝒍𝒚𝒔𝒕:https://www.meticulousresearch.com/speak-to-analyst/cp_id=5022?utm_source=Product&utm_medium=Social&utm_campaign=Product&utm_content=03-01-2023

Key Players

The key players profiled in the global legal marijuana market report are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group, Inc. (Canada), Tilray, Inc. (Canada), Cronos Group Inc. (Canada), OrganiGram Holding Inc. (Canada), VIVO Cannabis Inc. (Canada), Tikun Olam Ltd. (Israel), The Green Organic Dutchman Holdings Ltd. (Canada), Terra Tech Corp. (U.S.), Medical Cannabis, Inc. (U.S.), Stenocare A/S (Denmark), Cannabis Science, Inc. (U.S.), and HEXO Corp. (Canada).

Scope of the report

Legal Marijuana Market, by Product Type

Buds / marijuana Flower

Cannabis Extracts

Oil

Tinctures

Others

Legal Marijuana Market, by Species

Cannabis Indica

Cannabis Sativa

Cannabis Hybrid

Legal Marijuana Market, by Strain

THC-dominant

CBD-dominant

Balanced THC and CBD

Legal Marijuana Market, by Purchase Channel

Online

Offline

Legal Marijuana Market, by Application

Medical

Chronic Pain

Mental Disorders

Cancer

Others

Recreational

Cosmetics & Others

Legal Marijuana Market, by End-User

Pharmaceutical

Food, Beverages, and Tobacco

Personal Care

Research and Development Centres

Legal Marijuana Market, by Geography

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

The Netherlands

Rest of Europe

Asia-Pacific

Australia

South Korea

Rest of Asia-Pacific

Latin America

Argentina

Colombia

Uruguay

Rest of Latin America

Middle East and Africa

South Africa

Israel

𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://www.meticulousresearch.com/download-sample-report/cp_id=5022?utm_source=product&utm_medium=Social&utm_campaign=Product&utm_content=03-01-2023

#leagal #marijuna #caninibis

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marketinsight1234 · 2 months

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Legal Cannabis Market Size-Share, Growth Factors, Forecast 2023-2030

Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2023-2030, considering the base year as 2022.

The Legal Cannabis Market has experienced unprecedented growth in recent years, driven by changing societal attitudes towards cannabis, increasing legalization efforts, and the recognition of its potential economic benefits. As more regions around the world embrace cannabis for medical and recreational use, the market has evolved into a dynamic and multifaceted industry. The market encompasses a wide range of products, including cannabis flower, edibles, concentrates, and pharmaceuticals, creating a diverse landscape with numerous opportunities for both established players and new entrants.

Leading Key Players Covered Legal Cannabis Market: -

Canopy Growth Corporation (Canada), Aphria Inc. (Canada), VIVO marijuana Inc. (Canada), OrganiGram Holding Inc. (Canada), Aurora marijuana Inc. (Canada), The Green Organic Dutchman (Canada), Atlas Growers (Canada), Maricann Group, Inc. (Canada), Tilray Inc. (Canada), Terra Tech Corp. (US), Stenocare A/S (Denmark), HEXO Corp. (Canada), Medical Cannabis Inc. (US), AlephSana GmbH (Germany), Tikun Olam Ltd. (Israel), Cannabis Science Inc. (US) and Other Major Players

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Market Driver:

One significant market driver propelling the Legal Cannabis Market is the growing acceptance of cannabis for medicinal purposes. Increasing awareness of the therapeutic properties of cannabis, along with a shift in regulatory frameworks favoring medical cannabis use, has fueled demand. The expanding list of medical conditions where cannabis is prescribed, such as chronic pain, epilepsy, and anxiety, is driving the market's growth. As more scientific research validates the medical efficacy of cannabis, it not only enhances consumer confidence but also attracts investments and stimulates innovation in product development.

Market Opportunity:

A key market opportunity lies in the emerging trend of cannabis-infused products and beverages. The shift towards alternative consumption methods, such as edibles and beverages, presents a vast opportunity for market players. As consumers seek discreet and convenient ways to incorporate cannabis into their lifestyles, the market for infused products is expected to witness significant growth. This includes a wide range of offerings, from cannabis-infused snacks and beverages to more sophisticated formulations catering to specific health and wellness needs. Companies that can successfully navigate this segment stand to capitalize on the evolving preferences of consumers.

Segmentation of Legal Cannabis Market: -

By Type

By Product Type

By Sales Channel

By Application

By End-User

By Region

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ameymeti2001 · 1 year

Text

Legal Marijuana Market Worth $75.6 Billion By 2025

According to this latest publication from Meticulous Research®, the global legal marijuana market is expected to grow at a CAGR of 28.3% from 2019 to 2025 to reach $75.6 billion by 2025. The global legal marijuana market is majorly driven by increasing legalization of marijuana across the globe, growing medicinal application of marijuana, rising geriatric population who need treatment for chronic diseases, and growing awareness about the application of marijuana. In addition, huge untapped market provides significant opportunity for the growth of the legal marijuana market. However, the high cost associated with legal marijuana and strict regulations against usage of marijuana obstructs the growth of this market to some extent.

Key Market Segments to Watch

This study provides assessment of the global legal marijuana market on the basis of product type (buds / marijuana flower and marijuana extracts), marijuana extracts (oil, tinctures, and others), species (cannabis indica, cannabis sativa, and cannabis hybrid), strains (THC-dominant, CBD-dominant, and balanced THC and CBD), purchase channel (online and offline), application (medical, recreational, and cosmetics and others), medical application (chronic pain, mental disorders, cancer, and others), and end-use industries (pharmaceutical; food, beverages, and tobacco; personal care; and research and development centers). The study also evaluates industry competitors and analyses the market at country level.

Based on product type, the global legal marijuana market is segmented into buds/ marijuana flower and marijuana extracts. Buds / marijuana flower held the largest market share of the global legal marijuana market in 2018. The large share of this segment is mainly attributed to the presence of large number of tobacco smokers.

Based on strains, the CBD-dominant strains are expected to witness a rapid growth during the forecast period. The rapid growth of market is attributed to the fact that CBD has a broader therapeutic index compared to THC; and it is believed to help with appetite stimulation, bone-growth stimulation, immunosuppression, and neuroprotection.

Based on application, legal marijuana market is segmented into three major segments namely, medical, recreational, and cosmetics and others. Medical segment accounted for the largest share of the global legal marijuana market in 2018. However, recreational application segment is expected to witness a rapid growth during the forecast period. The rapid growth of this market is primarily attributed growth in the number of consumers after legalization and growing trend of consuming marijuana as a substitution to alcohol.

This research report analyzes major geographies and provides comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America accounted for the largest share of the North America legal marijuana market in 2018. The region is also expected to witness the fastest growth during the forecast period. The major share of this region is mainly attributed to changing people's attitude toward marijuana use, large base of marijuana consumers, presence of key players in the region, rising acceptance for both medical and recreational purposes, and increasing investment from leading players.

𝑺𝒑𝒆𝒂𝒌 𝒕𝒐 𝑨𝒏𝒂𝒍𝒚𝒔𝒕:https://www.meticulousresearch.com/speak-to-analyst/cp_id=5022?utm_source=Product&utm_medium=Social&utm_campaign=Product&utm_content=03-01-2023

Key Players

The key players profiled in the global legal marijuana market report are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group, Inc. (Canada), Tilray, Inc. (Canada), Cronos Group Inc. (Canada), OrganiGram Holding Inc. (Canada), VIVO Cannabis Inc. (Canada), Tikun Olam Ltd. (Israel), The Green Organic Dutchman Holdings Ltd. (Canada), Terra Tech Corp. (U.S.), Medical Cannabis, Inc. (U.S.), Stenocare A/S (Denmark), Cannabis Science, Inc. (U.S.), and HEXO Corp. (Canada).

Scope of the report

Legal Marijuana Market, by Product Type

Buds / marijuana Flower

Cannabis Extracts

Oil

Tinctures

Others

Legal Marijuana Market, by Species

Cannabis Indica

Cannabis Sativa

Cannabis Hybrid

Legal Marijuana Market, by Strain

THC-dominant

CBD-dominant

Balanced THC and CBD

Legal Marijuana Market, by Purchase Channel

Online

Offline

Legal Marijuana Market, by Application

Medical

Chronic Pain

Mental Disorders

Cancer

Others

Recreational

Cosmetics & Others

Legal Marijuana Market, by End-User

Pharmaceutical

Food, Beverages, and Tobacco

Personal Care

Research and Development Centres

Legal Marijuana Market, by Geography

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

The Netherlands

Rest of Europe

Asia-Pacific

Australia

South Korea

Rest of Asia-Pacific

Latin America

Argentina

Colombia

Uruguay

Rest of Latin America

Middle East and Africa

South Africa

Israel

𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://www.meticulousresearch.com/download-sample-report/cp_id=5022?utm_source=product&utm_medium=Social&utm_campaign=Product&utm_content=03-01-2023

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marketspace360 · 1 year

Text

Cannabis Extraction Market by 2029 Opportunity, Challenges & Entry Strategy

Over the recent years, the demand for cannabis extracts such as oils and tinctures has increased at a robust pace. Against this backdrop, the procedure to effectively extract and isolate the active ingredients form cannabis plant has gained substantial traction. Legalization of cannabis is various developing nations have further accelerated a shift toward the cannabis extraction. In addition to this, there are numerous medical advantages of these extraction procedures. It facilitates treatment of several chronic conditions including cancer, arthritis, and Alzheimer's disease. Furthermore, tinctures and oil are also used in the manufacturing of topical and edible products. Considering these possibilities, key players are making robust investments in the R&D activities. Such trends are spearheading growth across the global cannabis extraction market.

For More Industry Insight Read: https://www.fairfieldmarketresearch.com/report/cannabis-extraction-market

Increasing Legalization Across Several Nations, and Favorable Legislation Regarding Cannabis Usage to Catalyze Growth of Market

World over, several government authorities have given a green signal to the use of cannabis or are in the process of. The major goal behind this is to facilitate easy access to medical cannabis. Apart from that, the legalization regarding these products have enabled the extraction, cultivation, production of finished goods, and exportation of cannabis-based products. Several developing countries have even legalized its use for recreational purposes and leisure activities such as vaping. This has led to an increase in the number of people consuming marijuana. The aggregated force of these factors is projected to unlock new growth opportunities for the global cannabis extraction market in the years to come.

Substantial Medical Applications of Cannabis to Aid in Cannabis Extraction Market Expansion

The oil extracted from cannabis has numerous medical benefits. Cannabis oil helps in resolving issues associated with depression such as stress, anxiety, and uneven sleep patterns. With surge in cases of depression, the use of medical cannabis is expected to grow at blistering pace. Moreover, chronic diseases such as cancer are becoming even more prevalent. Cannabis oil is beneficial in the treatment of cancer-related nausea and vomiting. Additionally, drug stores are raising awareness about the advantages and disadvantages of marijuana use and it’s limiting its human consumption. Such wide applications are projected to steepen the growth curve for the global cannabis extraction market in the coming years.

Legalization of Cannabis to Propel Cannabis Extraction Market Growth in North America

North America is expected to remain at the vanguard of the global cannabis extraction market. This is mainly underpinned by the allowance of cannabis usage in several states. In addition, various macro factors such as the legalisation of cannabis and growing public acceptability are providing impetus to the market growth. More productive use for therapeutic processes and use of cannabis extracts to treat ailments such as pain and inflammation are further boosting market expansion. Consequently, these factors are creating a promising outlook for the cannabis extraction market in the region.

Leaders in Global Cannabis Extraction Market

Some of the major players in the cannabis extraction market include Aurora Cannabis Inc., Tikun Olam, Canopy Growth Corporation, Aphria Inc., Cannabis Science Inc., Tilray Inc., VIVO Cannabis Inc., Maricann Group Inc., STENOCARE, Medical Marijuana, Inc., Cronos Group Inc., Terra Tech Corp., MedMen, Teva Pharmaceutical Industries Ltd., and Organigram Holdings Inc.

Get a Sample Copy/TOC of Cannabis Extraction Market Report: https://www.fairfieldmarketresearch.com/report/cannabis-extraction-market/request-toc

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alphst · 1 year

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Canopy Growth Corp (CGC) Q2 2023 Earnings Call Transcript

$Canopy Growth Corp Q2 2023 Earnings Call Transcript #earnings #markets #investing

Canopy Growth Corp (NASDAQ:CGC) Q2 2023 Earnings Call dated Nov. 09, 2022. Corporate Participants: Tyler Burns — Director, Investor Relations David Klein — Chief Executive Officer Judy Hong — Chief Financial Officer Analysts: Victor Ma — Cowen and Company — Analyst Chris Carey — Wells Fargo — Analyst Tamy Chen — BMO Capital Markets — Analyst Pablo Zuanic — Cantor Fitzgerald — Analyst Andrew…

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#Consumer Staple Products

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