Medical cannabis experts at Leafwell recently researched the different states that use CBD the most. During the research, experts examined Google Trends data of search terms frequently used by people interested in CBD. These terms were then combined to give each American state a “total search score” to discover which states have been the most…
Inflation Causing Cannabis Consumers to Buy Less
According to a report from CBD Oracle, about 54% of cannabis consumers will start to buy less cannabis if inflation continues and the price increases. In fact, one in four retailers are already talking about increasing their prices. In the report CBD Oracle talked to over 1,500 adults and asked what differences they have…
What Is CBD Isolate?
What exactly is CBD isolate? To understand what CBD isolate is, one must first be at least somewhat familiar with CBD itself. CBD is a chemical found in cannabis but does not contain tetrahydrocannabinol (THC), the psychoactive ingredient that produces a high. It is sold in various forms: as an oil, an extract, a vaporized…
Cannabis Market Will Be Worth $82.3 Billion By 2027
According to a report from MarketsandMarkets, the cannabis market is currently valued at 27.7 billion but will increase to $82.3 billion in 2027. The Medical Segment The medical segment also significantly contributes to the total cannabis market. Cannabis is used in treating various medical situations like anxiety, gastrointestinal disorders, seizures and epilepsy. An increased network…
Global Cannabis Sales to Grow 10% in 2022
BDSA updated its cannabis market forecast — a five-year rolling global forecast by country, state, province, channel and category — to show that annual global cannabis sales are projected to grow from $30 billion in 2021 to $57 billion in 2026 at a compound annual growth rate (CAGR) of almost 13%. In the United States,…
HHC Fruit Punch Gummies
CBD Living announced a major foray into the legal cannabis market with its new subset, Hard-Hitting Cannabinoids (HHC). One of the products featured in the new label is HHC Fruit Punch Gummies. The gummies contain 25 milligrams Hexahydrocannabinol and two grams sugar per vegan, non-GMO gummy and are manufactured using CBD Living’s Proprietary Water Soluble…
Horchata-Flavored Tincture
CBD Living just announced the launch of Horchata, the newest addition to its popular flavored tinctures line. CBD Living Horchata Flavored Tincture is vegan, gluten free, certified kosher, non-GMO and 100% THC free and available in five different strengths: 300 milligrams, 750 milligrams, 1,500 milligrams, 4,500 milligrams and 10,000 milligrams CBD. It is manufactured in…
U.S. Cannabinoids Market Expected to Expand
ResearchAndMarkets.com recently added its report on the U.S. cannabinoids market size, share and trends based on product and segment forecasts from 2022-2030 to its offering. The U.S. cannabinoids market size is expected to reach $60.4 billion by 2030 and is expected to expand at a CAGR of 16.2%. Growing awareness regarding the health benefits provided…
Cannabis Drinks Market Expects Growth
The global cannabis drinks market is set to witness growth, according to a Future Market Insights report. It will grow at a CAGR of 37.3% and top a valuation of $8.3 billion by 2032. Various health benefits, such as improved sleep patterns, weight loss, depression and anxiety reduction, blood pressure regulation, and others are predicted…
What Is Broad-Spectrum CBD?
Convenience store operators who are not up to speed in building their CBD vocabularies may hear the phrase “broad-spectrum CBD” and not understand the meaning, but knowing CBD terminology is key for any retailer selling CBD products. By understanding CBD terminology, retailers can help customers find the CBD product that fits them best and inspire…