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North American cannabis sector is leading the world! Check latest stories around the continent
The cannabis industry is in trouble. Cannabis craft producers across North America are laying off workers, shutting their doors, and turning off the grow lights.
In a noteworthy development, prominent cannabis multistate operators (MSOs) are
Canadian cannabis giant, Tilray Brands, is taking a groundbreaking step
Canadian cannabis License sector is currently witnessing a notable increase
In a dynamic evolution of Canada’s cannabis landscape, significant shifts
Metrc, the leading seed-to-sale tracking provider, has redefined its customer-centric
The medical and recreational cannabis industries continue to have an
Despite the company’s development into the liquor and beverage industry
According to government data, Australia medicinal cannabis business is expected
In a noteworthy development, prominent cannabis multistate operators (MSOs) are
Canadian cannabis giant, Tilray Brands, is taking a groundbreaking step
Canadian cannabis License sector is currently witnessing a notable increase
In a dynamic evolution of Canada’s cannabis landscape, significant shifts
Metrc, the leading seed-to-sale tracking provider, has redefined its customer-centric
The medical and recreational cannabis industries continue to have an
Despite the company’s development into the liquor and beverage industry
According to government data, Australia medicinal cannabis business is expected
The legal cannabis industry in North America is estimated to be worth USD 12.4 billion in 2021, and from 2022 to 2030, it is anticipated to increase gradually at a CAGR of 15.3%. The 1937 Tax Act rendered cannabis illegal. In 1996, California became the first state to legalize cannabis for medical use. The legal cannabis market has been significantly shaped by North America. Most states in the U.S. and Canada have legalized cannabis use for both medical and recreational uses.
Cannabis is utilized as dried flowers or buds, tinctures, oils, and extracts. It is widely used to halt or lessen seizure episodes in epileptic seizures. There have only been a few studies on the effects and functioning of cannabidiols, or the active compounds in cannabis, despite the fact that it is rapidly gaining acceptance as an alternative treatment in the medical community. CBD and THC, the active compounds in cannabis, both bind to pain receptors and reduce the signals being transferred. Because of these effects, it is frequently prescribed for chronic pain in conditions like multiple sclerosis, HIV/AIDS, etc.
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