Cannabis & Main: Global Cannabis Markets Only About as Big as ‘a City in Connecticut’

Burns & Levinson’s Third Annual State of the Cannabis industry conference waltham, MA. October 23, 2019

Photo courtesy of MedPharm Colorado-Based MedPharm Has Big Plans for Cannabis Research. The DEA has notified the company that it has been chosen to advance in the licensing process to grow federally legal cannabis for research purposes.

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today the U.S. reigns in the legal cannabis market worldwide.. since 2013; then, it was "medical-only" and was an under $3 billion industry.. have approved; Arizona, Connecticut, Rhode Island, and Vermont are in waiting.. hopes of a big payoff with an eventual end of federal prohibitions on the weed.

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Although marijuana has been legal in California for nearly two years, black market weed is still a booming business in the state. Illegal sellers outnumber legal and regulated businesses almost 3-to-1, according to a startling analysis of California cannabis sellers released this month.

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The company built up the global story and quarterly international revenues of only C$4.4 million suggest an utter failure in predicting market demand. In essence, Aurora Cannabis has been early to.

NEW YORK, Sept. 24, 2019 /PRNewswire/ — Following the emergence of the legal cannabis industry, the number of users steadily began to rise. Predominantly, most consumers are medical patients.

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The future of the cannabis industry was the main point of discussion during the event’s final marijuana panel. Ian deQueiroz,

New York; New Jersey; Minnesota; Connecticut; Rhode Island. In other. The recreational market is only part of the cannabis market; Medical is a growing sector, too. There are two main reasons why pharmaceutical research will progress: The FDA. Predicted Growth Across the global cannabis market.