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The world’s largest tobacco manufacturer, Philip Morris International, is heavily betting on the medical cannabis industry
With the globalization of the cannabis industry, some of the world’s largest corporations have begun to reveal their ambitions. Among them is Philip Morris International (PMI), the world’s largest tobacco company by market capitalization and one of the most cautious players in the can...Read more -
Slovenia launches Europe’s most progressive medical cannabis policy reform
Slovenian Parliament Advances Europe’s Most Progressive Medical Cannabis Policy Reform Recently, the Slovenian Parliament officially proposed a bill to modernize medical cannabis policies. Once enacted, Slovenia will become one of the countries with the most progressive medical cannabis pol...Read more -
The newly appointed Director of the US Drug Enforcement Administration has stated that the reclassification review of marijuana will be one of his top priorities
This is undoubtedly a significant victory for the cannabis industry. President Trump’s nominee for Drug Enforcement Administration (DEA) administrator stated that if confirmed, reviewing the proposal to reclassify cannabis under federal law would be “one of my top priorities,” notin...Read more -
Tyson appointed as CEO of Carma, opening a new chapter in the cannabis lifestyle brand portfolio
Currently, legendary athletes and entrepreneurs are ushering in a new era of growth, authenticity, and cultural influence for global cannabis brands. Last week, Carma HoldCo Inc., a leading global brand company renowned for leveraging the power of cultural icons to drive industry transformation, ...Read more -
The US Department of Agriculture has released a report on the hemp industry: flowers dominate, fiber hemp planting area expands, but income decreases, and seed hemp performance remains stable
According to the latest “National Hemp Report” released by the U.S. Department of Agriculture (USDA) , despite increasing efforts by states and some members of Congress to ban edible hemp products, the industry still experienced significant growth in 2024. In 2024, U.S. hemp cultivat...Read more -
The impact of Trump’s “Liberation Day” tariffs on the cannabis industry has become apparent
Due to the erratic and sweeping tariffs imposed by U.S. President Donald Trump, not only has global economic order been disrupted, sparking fears of a U.S. recession and accelerating inflation, but licensed cannabis operators and their affiliated companies are also facing crises such as rising bu...Read more -
One year since legalization, what is the current situation of the cannabis industry in Germany
Time Flies: Germany’s Groundbreaking Cannabis Reform Law (CanG) Celebrates Its First Anniversary This week marks the one-year anniversary of Germany’s pioneering cannabis reform legislation, the CanG. Since April 1, 2024, Germany has invested hundreds of millions of euros in the medi...Read more -
Major breakthrough: UK approves five applications for a total of 850 CBD products, but will strictly limit daily intake to 10 milligrams
The lengthy and frustrating approval process for novel CBD food products in the UK has finally seen a significant breakthrough! Since early 2025, five new applications have successfully passed the safety assessment stage by the UK Food Standards Agency (FSA). However, these approvals have intens...Read more -
Canada’s cannabis regulations were updated and announced, the planting area could be expanded four times, the import and export of industrial cannabis was simplified, and the sale of cannabis...
On March 12, Health Canada announced periodic updates to the 《Cannabis Regulations》, 《Industrial Hemp Regulations》, and the 《Cannabis Act》, simplifying certain regulations to facilitate the development of the legal cannabis market. The regulatory reforms primarily focus on five key areas: l...Read more -
What is the potential of the global legal cannabis industry? You need to remember this number – $102.2 billion
The potential of the global legal cannabis industry is a topic of much discussion. Here’s an overview of several emerging sub-sectors within this burgeoning industry. Overall, the global legal cannabis industry is still in its infancy. Currently, 57 countries have legalized some form of me...Read more -
Consumer Trends and Market Insights of THC Derived from Hanma
Currently, hemp-derived THC products are sweeping across the United States. In the second quarter of 2024, 5.6% of surveyed American adults reported using Delta-8 THC products, not to mention the variety of other psychoactive compounds available for purchase. However, consumers often struggle to ...Read more -
Whitney Economics reports that the U.S. cannabis industry has achieved growth for 11 consecutive years, with the growth rate slowing down.
According to a recent report by Whitney Economics, based in Oregon, the U.S. legal cannabis industry has seen growth for the 11th consecutive year, but the pace of expansion slowed in 2024. The economic research firm noted in its February newsletter that the final retail revenue for the year is p...Read more -
2025: The Year of Global Cannabis Legalization
As of now, more than 40 countries have fully or partially legalized cannabis for medical and/or adult use. According to industry forecasts, as more nations move closer to legalizing cannabis for medical, recreational, or industrial purposes, the global cannabis market is expected to undergo a sig...Read more -
Switzerland will become a country in Europe with marijuana legalization
Recently, a Swiss parliamentary committee proposed a bill to legalize recreational marijuana, allowing anyone over the age of 18 residing in Switzerland to grow, purchase, possess, and consume marijuana, and allowing up to three cannabis plants to be grown at home for personal consumption. The pr...Read more -
Market size and trend of cannabidiol CBD in Europe
Industry agency data shows that the market size of cannabinol CBD in Europe is expected to reach $347.7 million in 2023 and $443.1 million in 2024. The compound annual growth rate (CAGR) is projected to be 25.8% from 2024 to 2030, and the market size of CBD in Europe is expected to reach $1.76 bi...Read more -
CEO of marijuana giant Tilray: Trump’s inauguration still holds promise for legalizing marijuana
In recent years, stocks in the cannabis industry have often fluctuated dramatically due to the prospect of marijuana legalization in the United States. This is because although the growth potential of the industry is significant, it largely relies on the progress of marijuana legalization at the ...Read more -
Opportunities for the European Cannabis Industry in 2025
2024 is a dramatic year for the global cannabis industry, witnessing both historic progress and worrying setbacks in attitudes and policies. This is also a year dominated by elections, with about half of the global population eligible to vote in national elections in 70 countries. Even for many o...Read more -
What is the prospect of marijuana in the United States in 2025?
2024 is a crucial year for the progress and challenges of the US cannabis industry, laying the foundation for the transformation in 2025. After intense election campaigns and continuous adjustments by the new government, the prospects for next year remain uncertain. Despite the relatively lacklu...Read more -
Reviewing the Development of the US Cannabis Industry in 2024 and Looking Forward to the Prospects of the US Cannabis Industry in 2025
2024 is a crucial year for the progress and challenges of the North American cannabis industry, laying the foundation for the transformation in 2025. After a fierce presidential election campaign, with the continuous adjustments and changes of the new government, the prospects for the coming yea...Read more -
Ukrainian officials say medical marijuana will be launched in early 2025
Following the legalization of medical marijuana in Ukraine earlier this year, a lawmaker announced this week that the first batch of registered marijuana drugs will be launched in Ukraine as early as next month. According to local Ukrainian media reports, Olga Stefanishna, a member of the Ukrain...Read more
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