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Federal policy kills buzz for advertising pot

Cannabis Chronicles

market could surge eight-fold to $80 billion in sales by 2030, according to Cowen & Co. In an effort to position weed as a mainstream product, they post pictures of buds and joints and show people hiking with vape pens or relaxing on the beach with cannabis edibles.

Policy 154
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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

The American marijuana industry was worth about $57 billion in 2023 and is projected to reach $444 billion by 2030, a staggering growth that reflects it as the fastest-growing industry anywhere in the world. While older generations, such as Baby Boomers , largely prefer edibles, Gen Z likes flower the most.

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State Agency Envisions Cannabis Cultivation Boosting Job Growth in Alaska

Veriheal

The Alaska Department of Labor foresees marijuana cultivation steering all of the state’s industries regarding job growth between now and 2030. The report also highlighted an increase in edible consumption. Based on the report, most consumers favored the remedial qualities of cannabis for relaxation and tension relief.

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The Rise of Cannabis Pre-rolls: Data Analysis Reveals Surging Popularity

Veriheal

As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share. The authors go so far as to project that by 2030, pre-rolls will dethrone flower as the top-selling product category.

Data 98
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Jushi Holdings Inc. Expands Product Offerings with Launch of Its First Line of Solventless Cannabis Extracts

Cannabis Law Report

Initially a niche category confined to dabbable concentrates, the demand for solventless is on the rise and there is a growing presence of solventless vapes and edibles with solventless inputs in markets throughout the country. billion by 2030. About Jushi Holdings Inc.

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New Mexico Is About to Become the 17th US State to Legalize Adult-Use Weed

SpeedWeed

Anyone over the age of 21 will now be allowed to possess up to two ounces of weed, 16 grams of concentrates, and 800mg of edibles. Legal sales will be hit with the standard state sales tax of 8 percent, plus an excise tax that will start at 12 percent, then grow by one percent per year until it reaches 18 percent in 2030.

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United Nations Annual Drug Report Puts “Unprecedented” Focus On Cannabis & Suggests No Desire For Rescheduling Whatsover

Cannabis Law Report

Products now on sale include cannabis flower, pre-rolled joints, vaporizers, concentrates and edibles. Aggressive marketing of cannabis products with a high THC content by private firms and promotion through social-media channels; can make the problem worse. According to the latest global estimates, about 5.5