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The Alaska Department of Labor foresees marijuana cultivation steering all of the state’s industries regarding job growth between now and 2030. Throughout the pandemic, recreational cannabis sales in Anchorage — Alaska’s largest metropolitan area — continuously inflated. However, the limit stands at three mature plants.
DUBLIN–(BUSINESS WIRE)–The “Global Cannabis Market- Market Size & Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. million by 2030 at a CAGR of 23.9%, 2021-2030. The demand for cannabis oil is growing due to its wellness and health purpose.
As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share. This transition in favor of “recreational” categories could indicate shifting consumer tastes, highlighting the importance of staying up-to-date in this ever-evolving market.
Medical: legal Recreational: decriminalized. In September, 2020, the Swiss parliament passed regulations to allow for pilot schemes involving recreational cannabis. Medical cannabis is available only in the form of pharmaceutical options, not flower or oil (Shutterstock). How do the Swiss generally view marijuana?
As well as health, wellness and medical applications, cannabidiol oil is also being used to treat depression and anxiety, diabetes and even cancer symptom relief. Moreover, if the UK were to legalise cannabis – with recreational sales starting in 2024 – this would bring the market’s size to more than £1 billion in the UK alone.
In the US, for example, the cannabis industry is worth $67 billion and is projected to worth $100 billion by 2030. According to the National Association of Realtors, states with legalized medical and recreational cannabis have received a surge in demand for lands and buildings for marijuana purposes. 1. Location. Testing Facilities.
At the present time, state medical and recreational legalization have no impact on federal drug control laws. Although many states have chosen to legalize medical marijuana and four have legalized recreational use, such state actions continue to conflict with federal law. 2030 , 2068, 2070; Pub. 2030 , 2068, 2070; Pub.
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