The phrase
"cannabis market" refers to the industry and all the activities involved in the production, sale, and distribution of cannabis or marijuana products for medical or recreational purposes. It includes businesses that grow, process, sell, and market cannabis products to consumers.
Full definition
In 2016, the
legal cannabis market topped $ 7 billion, and by 2020 it is expected to create more jobs than manufacturing.
As the
Canadian cannabis market grows in size and efficiency it is highly unlikely that international demand will diminish.
Its legal and
illegal cannabis market did around $ 8 billion in sales in 2016 - with 75 % of that from illegal sales.
As an avid weed advocate myself, the film brought an insightful and informational look at women's role in the
new cannabis market.
The policy paper also recommends making the Advisory Council on the Misuse of Drugs independent and setting up a review of experiments in
regulated cannabis markets in Washington, Colorado and Uruguay, although these policies did not make it into the pre-manifesto.
Washington state legalized medical cannabis in 1998 and its
medical cannabis market expanded greatly after 2009 when the federal justice department issued a ruling known as the Ogden Memo.
The Government of Canada has committed to implementing a federally regulated adult
use cannabis market by July 1, 2018.
That leaves a lot of potential growth
for cannabis markets overseas, where sales are expected to soar as legalization spreads, according to our recently published «The Roadmap to a $ 57 Billion Worldwide Market.»
In the last year, Uruguay became the first national jurisdiction in the world to legalise cannabis; the world's first legal,
recreational cannabis market opened in Colorado; Colombia and Guatemala took a daring stand at the UN general assembly, telling assembled delegates that the war on drugs had failed; and the Organisation of American States became the first multinational body to raise the prospect of drug treaty reform.
Fibonacci's goal is to invest the proceeds of the ICO into a production facility and business center in the US, with plans to begin supplying its growers to the USD 8 billion North American
cannabis market by August 2018.
There had been a federal hiatus on interference in
state cannabis markets due to something called «the Cole memo».
Wykowski, a former Justice Department prosecutor, expects California lawmakers will produce «more well - defined regulations» for the state's legal
cannabis market now that recreational pot will be legal to grow and sell.
There are some states, like West Virginia, who are more involved in the industrial hemp market as opposed to the THC
voluminous cannabis market.
Marijuana industry experts forecast an even more robust,
wholesale cannabis market once a key rule expires at the end of September.
In a new analysis on the marijuana marketplace, San Francisco - based angel investor network ArcView Group forecasts a 64 percent surge in the legal
U.S. cannabis market to $ 2.34 billion by 2014.
The eyes of politicians, campaigners and entrepreneurs in the UK will remain fixed on California until the Canadian
cannabis market goes live in July 2018.
The government response also rejects the idea that substantial tax revenue could be raised by taking the # 6 billion per
annum cannabis market out of the black economy:
«A lot of dispensary owners and medical cannabis proponents make a big case about how therapeutically beneficial CBD is,» says Vandrey, «but our testing indicates that a lot of what's available in the
edible cannabis market may have very little CBD.»
Emerald Metrics has announced an exclusive agreement with Tetracam for the distribution of spectral imagers targeing the
emerging Cannabis market.
«There has been no indication for a widespread directive to cease and desist in state
regulated cannabis markets, and we expect law enforcement priorities to remain status quo,» Karnes says, noting that Rohrabacher — Farr, a federal budget amendment, restricts the use of federal funding to prosecute medical marijuana enterprises.
(California's legal adult -
use cannabis market could even be bigger than the one that may be coming in Canada, as the state actually has more residents than that entire country.)
California has potential to be America's
largest cannabis market — and with Sessions» actions, one of the most under - served.
BLG's cannabis industry focus group has breadth and depth of experience in advising a variety of industry participants, both domestic and foreign, in relation to operating within the Canadian
medical cannabis market and the future adult use market.
On March 19, 2018 Health Canada released the results of their consultation process with the public regarding proposed regulations and area of regulatory concern related to the incoming
legal cannabis market.
When enacted, the Bill will have a significant impact on the
recreational cannabis market in Ontario and imposes obligations on employers and proprietors with respect to the places where the prohibitions apply.
If we allow ourselves to explore our own regulatory models then recent research from the Institute for Social and Economic Research indicates that a reformed and regulated
cannabis market in England and Wales could cut the deficit by # 1.2 billion — and this is a conservative estimate.
The sprouting of these islands of legality, observers predict, will spur other states to open up
their cannabis markets lest they lose out on revenue and tourism, much as the casino gambling pioneered in Las Vegas became ubiquitous across the continent.
Just like humans are getting in on
the cannabis market, so are our dogs.
(In the fragmented, state - regulated
cannabis market, it is illegal for companies to ship marijuana products out of state.
Arcview Research estimates the legal
cannabis market will soar to nearly $ 15 billion by 2021, with edibles and ancillary pot - products representing a big part of that boom.
Point Seven Group represents more than 25 years in regulated medical and adult - use
cannabis markets, spanning the divisions of cultivation, processing / extraction, dispensary, operations and business strategy.
Upcoming legalization has meant a huge growth in
the cannabis market, with potentially more growth to come.
Liberty was launched specifically to acquire and operate U.S. - based companies in the medical
cannabis market to create interesting investment opportunities for marijuana stock investors.
The CEO for Molson Coors has said the company is studying
the cannabis market, but has warned the drinks industry not to get caught up in an «adrenaline rush» over the nascent category.
Governments face a choice between sticking with the status quo or moving towards a regulated, legal cannabis market
Meanwhile in Canada, prime minister Trudeau is the process of implementing his manifesto commitment to create the world's first nationally regulated
cannabis market.
But perhaps the green shoots of alternatives lie in regulating a legal
cannabis market.
Norman is presenting a motion at the Lib Dem spring conference calling the party to support a regulated
cannabis market.
Cannabis markets are springing up in their dozens.
Twenty - one years after it was legalised for medical use, and after a number of failed attempts to expand that arrangement, California is now home to the world's largest
cannabis market.
For many years the dialogue of «to legalise or not to legalise» has been wholly hypothetical and taboo, but this year saw Uruguay nail its colours firmly to the mast by being the first state to fully regulate
their cannabis market.
It doesn't matter if you grow your own cannabis for personal use, because if you grow your own you're not buying it from the market, so your cannabis plant competes with
the cannabis market.
Phrases with «cannabis market»