In recent years, there have been several studies and surveys – most of them anecdotal — suggesting that cannabis reduces the need for opioid pain medication. A large new study takes that research a step further, finding direct evidence that chronic pain patients, including those on high doses, significantly reduced their opioid use once they started using medical cannabis.
Researchers with the New York State Department of Health and University of Albany School of Public Health followed over 8,100 patients on long-term opioid therapy (LOT) after they began using medical cannabis. All of the patients had been on opioids for at least 120 days, including some on relatively high daily doses of 90 or more morphine milligram equivalents (MME).
Researchers found that average daily doses declined significantly over time, especially for patients on high opioid doses. After eight months of using medical cannabis (MC), patients taking over 90 MME saw their daily doses fall by nearly 70 percent, compared to a 29% reduction in those getting 50 to 90 MME and a 15% reduction in those on 50 MME or less.
“This cohort study found that receiving MC for longer was associated with opioid dosage reductions. The reductions were larger among individuals who were prescribed higher dosages of opioids at baseline. These findings contribute robust evidence for clinicians regarding the potential benefits of MC in reducing the opioid burden for patients receiving LOT and possibly reduce their risk for overdose,” researchers reported in JAMA Network Open.
The study has some weaknesses. Researchers did not track the pain levels of patients or the types of pain conditions they suffered from. Also unknown is the dose or types of cannabis products they consumed.
Although the study was conducted at a time when patients nationwide were losing access to opioids or having their doses reduced, researchers say it is “highly unlikely” that impacted their findings because the dosage decline for their patients didn’t begin until they started consuming cannabis.
Marijuana advocates cheered the study findings.
“The relationship between cannabis and opioid use is among of the best-documented aspects of marijuana policy,” Paul Armentano, Deputy Director of NORML, said in a statement. “In short, the science demonstrates that marijuana is a relatively safe and effective pain reliever — and that patients with legal access to it consistently reduce their use of prescription opioid medications.”
A similar study of over 500 chronic pain patients being treated at medical cannabis clinics found a significant decline in their pain levels. And 85% of patients reported they either reduced or stopped using opioids.
Tel Aviv, Israel: The use of cannabis prior to bedtime is associated with improved sleep in patients with treatment-resistant post-traumatic stress (PTS), according to data published in the journal Frontiers in Psychiatry.
Israeli researchers evaluated cannabis use in a cohort of 14 subjects with combat-related traumatic stress. Subjects had previously tried various conventional treatments without success. All of the patients were naïve to cannabis prior to enrolling in the study. Study participants consumed cannabis in the evenings in an outpatient setting for a period of at least six-months.
Investigators reported: “After treatment with cannabis, total sleep score, subjective sleep quality, and sleep duration significantly improved. … Total PTSD symptom score and its subdomains (intrusiveness, avoidance, and alertness) showed [also] improvement.” By contrast, cannabis treatment was not associated with reducing patients’ frequency of nightmares.
None of the patients reported any side-effects from cannabis, nor did any elect to cease using cannabis prior to the end of the study period.
“To the best of our knowledge, this is the first published study examining long-term cannabis efficacy in chronic combat treatment-resistant PTSD patients,” authors concluded. “The study’s findings show an overall improvement in sleep quality and duration, as well as a decrease in PTSD symptoms. … Future research should clarify the long-term effects of cannabis on different groups of patients suffering from PTSD.”
Israelis suffering from post-traumatic stress have been legally able to access cannabis since 2014. Currently, about 10 percent of all Israelis authorized to access medical cannabis use it to treat symptoms of PTS.
Other studies have similarly reported improvements in sleep duration and in insomnia in patients with and without PTS. The enactment of adult-use marijuana legalization has also been correlated with a decrease in the sale of over-the-counter sleep aid medications.
A class action lawsuit is targeting several Canadian banks that it alleges have engaged in financial discrimination against legal cannabis businesses.
The lawsuit—brought by Groupe SGF, a group of cannabis legal advisors and consultants—is suing on behalf of Gabriel Bélanger, the founder of Origami Extraction, a micro processor in Quebec. The suit names the Desjardins Federation, National Bank, Royal Bank, Bank of Montreal, TD Bank, Royal Bank (RBC), and CIBC.
The class action includes all individuals or corporations that, directly or indirectly, do business with any of the defendant banks and who have been involved in the legal cannabis industry since October 17th, 2018.
Maxime Guérin, a lawyer with Groupe SGF who is representing the case, says the issue of banks treating legal cannabis businesses unfairly has been damaging to the development of the legal industry.
“For far too long, Canadian banks have treated the cannabis industry like pariahs, as if it was still completely illegal,” says Guérin. “By doing so, they are depriving the Canadian—but especially the local—economy of developing a promising market.”
“It was necessary, almost 5 years after legalization and discussions between the industry and the banks, that we took this step. Enough is enough, the legal cannabis industry and its players are 100% legal and should not be treated as criminals anymore, especially in a corporate environment such as a bank.”
The lawsuit contends that these lending institutions have taken “reprehensible and discriminatory actions” towards numerous individuals and businesses who have been operating within Canada’s legal, regulated cannabis market.
“This class action covers anyone that has a relation with legal cannabis. It covers anyone that is directly or indirectly part of the industry, either it be the bud tender in Ontario, the LP in Saskatchewan, or the hydroponic shop in Québec that sells fertilizers.” Maxime Guérin, a lawyer with Groupe SGF
The lawsuit contends that prior to October 18, 2018, the legal medical cannabis industry still faced numerous challenges to accessing banks, but options remained available. This changed, it continues, after cannabis was fully legalized in 2018, though with no clear policy and many banks often refusing to open bank accounts, supply loans, or do any kind of business with some cannabis business owners while continuing to do business with others.
In the instance of Gabriel Bélanger, the micro processor who is pursuing this issue, he opened a bank account registered to his own cannabis consulting agency in 2020 with the National Bank of Canada.
Then, in 2022, after Bélanger incorporated his company Origami Extraction Inc, he received a letter from National Bank telling him that the account of Origami Extraction would be closed on October 11, 2022. Bélanger contends he only discovered his accounts had been closed when he checked his bank account.
Over time, Bélanger then says he was also refused by Desjardins and CIBC, and not provided a clear explanation of why.
Then, on December 2, 2022, the lawsuit says a National Bank account manager told Bélanger that his two bank accounts, as well as any linked credit cards, were closed simply because the businesses were connected to the cannabis industry.
Bélanger was initially able to open a bank account with the Royal Bank of Canada between October and November 2022, but was then informed in December that the accounts were closed due to an “internal policy”.
Bélanger says he also attempted to open an account with Desjardins in 2020 connected to another cannabis company in Quebec but was refused.
This inability to secure permanent banking caused Bélanger undue hardship, contends the lawsuit, and forced him to use his personal account for business, further putting himself at financial risk. With his micro processing licence, he says he has a minimum annual turnover rate of one million dollars, highlighting the challenge of operating this kind of business without a bank account.
The lawsuit seeks compensation not only for Bélanger, but any others who have had similar experiences in Canada, says Guérin.
“This class action covers anyone that has a relation with legal cannabis. It covers anyone that is directly or indirectly part of the industry, either it be the budtender in Ontario, the LP in Saskatchewan or the hydroponic shop in Québec that sells fertilizers.”
More information on the class action can be found here.
Smoking cannabis was not associated with impaired lung functioning for young adults in a new longitudinal study published in Respiratory Medicine. In contrast to another recent study suggesting that smoking cannabis is more likely to cause emphysema than smoking tobacco, researchers in this study found that smoking cannabis alone was not tied to reduced airflow or impaired lung functioning. Still limitations in both studies suggest that we still don’t have a clear picture of smoked cannabis’ effect on our lungs.
This new study, from researchers at University of Queensland in Australia, examined whether chronic cannabis smoking was associated with damaging effects on the lungs of young adults, specifically. “Cannabis use is increasingly legalized and use is becoming normalized.” Lead author Professor Jake Najman explains. “In this context, understanding more about the harms associated with long-term cannabis use is important.”
To investigate this, researchers followed a cohort of 1173 young adults from age 21 to age 30, testing their lung function using a spirometry assessment at the beginning and end of the 9 year period. Spirometry tests are commonly used to help diagnose lung conditions, like asthma and COPD, by measuring the amount of air someone can breathe out in one forced breath. This is done with a device called a spirometer, which has a mouthpiece the patient can breathe into.
Researchers also tracked whether the members of the cohort smoked cannabis, tobacco, both or nothing over the 9 years. This was done using questionnaires at age 21 and 30, when the lung function tests were performed. Afterwards researchers analyzed the data to see whether cannabis smoking over 9 years had reduced lung function.
The results showed the expected association between tobacco smokers and reduced airflow. Those who smoked cigarettes alone, or cigarettes with cannabis, had reductions in their airflow over the 9 year period. Cannabis did not add to these reductions, over and above what was already found for tobacco only smokers. But perhaps surprisingly, in light of the recent findings on cannabis and emphysema, smoking cannabis alone did not reduce airflow or seem to impact lung functioning. Even after 9 years of use, cannabis smoke exposure did not seem to impact the lungs.
The authors concluded that “cannabis does not appear to be related to lung function, even after years of use.” They also concluded that using cannabis with tobacco doesn’t seem to add any additional risk to the lungs, beyond the harms already associated with smoking tobacco.
This is in stark contrast to the recent study in the journal Radiology suggesting smoking cannabis is more likely to cause emphysema than tobacco. In that study, chest CT scans revealed higher levels of emphysema in smokers who used cannabis and tobacco together, than those who used tobacco only. It’s important to note, however, that the Radiology study was limited by the fact that it did not look at any smokers who used cannabis alone. Thus the results suggesting higher rates of emphysema should be understood as relevant to the use of cannabis and tobacco together – not necessarily cannabis alone. There may be combinatory effects from mixing these two substances that aren’t present with either one alone. This doesn’t mean we can rule out cannabis as a potential cause of emphysema, but it does mean we need more research to confirm that these results hold for those using cannabis only.
In contrast, the Respiratory Medicine study did study cannabis-only smokers, and found no differences in lung functioning from the non-smoking control group.
The study in Radiology also used a relatively small sample size of only 146 patients, which can be compared to the 1173 respondents in the study that found no effects on lung function from smoking cannabis. That said, it’s important to note some other differences between these two studies that could partly explain their seemingly conflicting results.
First, the study in Radiology was on mostly older individuals, who have had more time to damage their lungs. It’s very possible that cannabis users would show more noticeable damage after more years of smoking than the 9 year period studied here. This study does not rule that out, it just shows no evidence of harm in the first 9 years.
It’s also important to note that the study in Radiology used CT scans to diagnose lung problems, while the recent study in Respiratory Medicine used spirometry. Different tests can produce different results. And in fact, some researchers suggest that spirometry tests, in particular, can miss conditions like emphysema in their early stages. So it may simply be that the damage being done isn’t being picked up by this test – the way it might be with the CT scan.
Given these research limitations, the question is still open on whether smoking cannabis can cause lung impairment and damage the way that tobacco more clearly does. We need more studies looking at the impacts of heavy cannabis smoking alone, throughout someone’s lifespan, before we can really come to a strong scientific conclusion.
There’s no hiding what’s being sold inside Shroomyz Dispensary in downtown Toronto. A giant rainbow mushroom covers the windows, with a sign below inviting customers to “walk into a new reality.”
The shop is one of three locations the company has in Ontario, and there are plans to expand further.
“We are operating a medical protest,” James, who would only give his first name as what he and the others who work at Shroomyz are doing is illegal, told CTV National News.
“We are here to give the public easier access than having to go to street dealers,” James said. “It’s a safer alternative.”
Magic mushroom dispensaries are popping up in cities across Canada, with customers ranging from those looking for treatment for depression or PTSD to people wanting to “micro-dose” a small amount of psilocybin, the hallucinogenic compound in magic mushrooms.
A Shroomyz locations was raided by Toronto police on Nov. 13, 2022, a couple of months after it opened. Two men were arrested and charged with drug and trafficking related offences. The store re-opened two days later.
“We all know the risk that’s here,” James said. “It’s all fighting for the cause, to legalize it.”
While the situation is in some ways reminiscent of when cannabis retailers set up shop before marijuana was legalized in 2018, Health Canada says there are no plans to legalize or decriminalize psilocybin products.
“Health Canada is aware of increasing interest in the potential therapeutic uses of psilocybin,” the federal agency wrote in a statement, adding “there are no approved therapeutic products containing magic mushrooms or psilocybin in Canada or elsewhere.”
While legislative and regulatory changes are not planned, there also appears to be little effort to stop people from opening dispensaries and selling products containing psilocybin.
It’s a frustrating situation for Thomas Hartle, who has Stage 4 cancer that’s terminal. In 2020, the Saskatoon man became the first person in Canada to legally gain access to psilocybin-assisted therapy to help deal with his end-of-life anxiety.
“I don’t really know when the end is going to come for me,” Hartle told CTV National News. “And there isn’t really anything I can do about that. The looming nature of that gives me really bad anxiety, as you might imagine.”
Hartle says traditional medication helped take “the peaks” off the anxiety, but they also numbed him to other emotions like joy and love, things he wants to experience with his family as much as possible. For him, psilocybin-assisted therapy helped ease his anxiety without compromising other emotions.
But his legal exemption for psilocybin expired more than a year ago, and Health Canada has not responded to his renewal application. As he waits for a legal way to obtain psilocybin he’s watching an illegal market grow.
“It seems a push in the wrong direction, to be encouraging Canadians to do something illegal,” he said.
Hartle and six others are taking the federal government to court, challenging the constitutionality of the current controlled substance status of psilocybin, calling it a roadblock to health care. Hartle says he could access doctor-assisted death in a matter of weeks, yet is being prevented from accessing a drug that could improve the life he wants to keep living.
“It has taken 400 or 500 days to try to get access to a therapy that will improve my quality of life,” he said.
Health Canada says the best way to access psilocybin is through a clinical trial, of which a number are being conducted. The Centre for Addiction and Mental Health (CAMH) in Toronto just began a three year clinical trial looking at whether psilocybin can be an effective treatment for mental health issues like depression without the psychedelic effect.
While other studies have shown some promising results, CAMH clinician scientist and psychiatrist Dr. Ishrat Husain says much more “robust science” is needed to determine the safety of psilocybin.
“I’m concerned about the increase in access to psilocybin and other psychedelics,” Dr. Husain told CTV National News. “We don’t know who it’s helpful for, who it’s safe to use in. And you often don’t know what you’re getting when you’re getting it from these dispensaries.”
Some argue legalizing psilocybin would lead to more regulation and a safer drug supply, pointing to the legalization of cannabis as a roadmap. But Dr. Husain says there are key differences, especially given the psychedelic nature of psilocybin.
“I don’t see it becoming a product that would be suitable for personal consumption,” he said. “My view is that it will be hopefully a treatment option because we definitely need more, but it will probably be delivered at places like CAMH with the proper support.”
But with thousands of Canadians experimenting with “micro-dosing,” the shops and websites supplying them magic mushrooms have no plans to stop.
“We are trying to give accessibility to the people who need it,” said James.
Over the weekend a potentially significant report surfaced regarding cannabis legalization in Germany. To quickly recap how we got to where we are now, Germany’s Health Minister Karl Lauterbach presented an adult-use legalization plan to the federal cabinet back in October. Since that time, Lauterbach has lobbied the European Union for its permission to proceed with formally introducing the plan for consideration by German lawmakers. According to the report, Lauterbach is ‘certain’ that the European Union will grant its approval and that a formal introduction of the legalization measure will occur ‘in the first quarter of this year.’ Minister Lauterbach added, according to the report, that he ‘has no reason to doubt this schedule.’
Given that the better part of January 2023 is already in the history books, that means that if Minster Lauterbach’s schedule indeed proves to be accurate then Germany’s lawmakers could be considering a national adult-use legalization measure by the end of March (or sooner). Looking at it from a perspective beyond Germany’s borders, if Lauterbach is going to proceed with a formal introduction of a legalization measure with the EU’s blessing, then that logically means that other nations will presumably be able to do the same. If so, we could see the opening of the European legalization floodgates with other nations copying Germany’s model.
What Will Be Legalized In Germany?
The plan that Minister Lauterbach presented to the federal cabinet in Germany back in October was not the first version of the plan. In the days leading up to the formal presentation a reported previous version was leaked, and due to various provisions contained in the leaked plan, public outcry was swift. The outcry was largely directed at the initial possession limit (20 grams), an age-tiered THC percentage cap (10-15% depending on age), and the initial cultivation limit (2 plants).
What was ultimately presented to the federal cabinet involved somewhat vague language, in that the possession limit was raised to ’20-30 grams’ and that there would be ‘further examination’ as to whether there would at least be THC percentage caps for consumers 18-20 years old. The home cultivation limit was raised in the federal cabinet presentation compared to the leaked version of the plan, from 2 plants up to 3 plants per adult household.
One of the most significant components of the plan presented to the federal cabinet was the intention to launch a legal national adult-use cannabis industry in Germany. Right now, the only country that permits sales of non-THC capped cannabis products nationwide to anyone of legal age, including nonresidents, is Canada. Uruguay allows sales to residents, and Malta is in the process of setting up regulated non-profit clubs. No other country permits legal sales of non-THC capped cannabis products nationwide, and given how much larger Germany’s population, economy, and level of tourism is compared to Canada’s, the launch of a regulated national adult-use market in Germany will be a very big deal.
Limitations Of Germany’s Model
Germany’s legalization model is not perfect for various reasons, not the least of which is that it is yet to be approved, codified, and implemented. After all, politics can be full of twists and turns, and until a legalization measure becomes the law of the land in Germany there’s always the possibility that provisions could be changed and/or that the process itself could stall. We have already witnessed Lauterbach’s legalization plan evolve, and technically he has yet to reveal what, if any, changes were made as part of gaining approval from the European Union.
Part of the report that surfaced over the weekend described Minister Lauterbach as planning to present a ‘very good solution’ for German lawmakers to consider. Obviously, that is not the same as saying outright that the European Union didn’t demand any changes to Germany’s previously presented approach. If the changes are seen as regressive to some lawmakers in Germany, it’s virtually guaranteed that there will be pushback.
One huge limitation that seems to already be agreed upon by Minister Lauterbach and the EU is that all cannabis for Germany’s eventual adult-use market has to be produced domestically in order for Germany to be in compliance with treaties. While we will all have to wait and see how it plays out, I am of the opinion that supply shortages are going to be common due to this limitation. I have no doubt that German cultivators will do their best to produce as much cannabis as legally possible, however, they won’t just be supplying Germany. People from all over the world are going to flock to Germany to partake in the new freedoms. How great the demand for legal cannabis will be in Germany once sales are permitted is tough to say, but I think it’s a safe bet that it’s going to be enormous, and that may create issues.
Women, minority execs show few gains in U.S. cannabis industry, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. Get your copy here.
An Indigenous-owned and -operated cannabis producer in British Columbia has its sights set on domestic and international expansion.
In an interview with MJBizDaily, All Nations executives said one of their big advantages is the company’s story.
“We’re giving people (consumers) all of the things they look for when they want to buy into something; it’s good product, has a good story, and consumers are ethically paying into something they know is going to help the economy and development,” said Stacey Duffy, the company’s director of retail.
CEO Darwin Douglas added that “we’ve focused on the production of quality cannabis. That’s our foundation. That’s our bedrock – to grow premium and ultra-premium cannabis.
“That’s the sweet spot – to be successful in business and also support positive social change in the communities where we work.”
All Nations, which is majority-owned by the Shxwhá:y Village Indigenous community near the city of Chilliwack, is one of a handful of licensed producers located on a reserve in Canada.
“Connecting people with Indigenous culture through our cannabis and products is a competitive advantage,” Douglas said.
“We’re also about connections, telling our story and the stories of Indigenous people,” Douglas said.
Shxwhá:y Village and the province recently entered a government-to-government agreement to support cannabis-related economic development under Section 119 of B.C.’s Cannabis Control and Licensing Act.
Douglas said the agreement allows the company to own eight stores and supply up to half the products on the shelves.
Soon, he wants to bring his Indigenous brand to the rest of the world.
“There’s not a lot of Indigenous businesses that are involved in international trade, so it’s new ground for us and we’re happy to be part of that work,” he said.
MJBizDaily spoke with Douglas, Duffy and All Nations Director of Cultivation Todd Scarlett about the company’s strategy, hurdles and opportunities.
What trends are you seeing in the Canadian industry?
Stacey Duffy
Stacey Duffy, director of retail: We’re finding a lot of people are wanting to learn more about the brands and products they’re consuming.
We’re starting to find that the consumer is coming in with a little bit more of a sophisticated concept of what they want.
Years ago, it was “give me the cheapest ounce.”
Now we’re seeing more people who are wanting better quality and want to know where products are coming from.
One of the trends we’re seeing is people wanting to understand more of who’s producing their product; who’s behind it; is it hang-dried, hand-trimmed.
One of the things we’re seeing is local “BC bud” is the best-moving product on our shelves.
How do international cannabis markets, so far very small, play into your strategy?
Darwin Douglas, CEO: We want to produce (medical) cannabis here on Indigenous lands and export it to countries around the world.
Right now, we’re in discussions with countries with (federally regulated) medical markets.
As new countries come online with legalization and regulation, we’ll be looking to those markets and where we can supply, and hopefully where we can have our Indigenous brand represented.
Why is Indigenous participation relatively low in Canada’s adult-use cannabis industry?
Douglas: Adequate and meaningful consultation (with Indigenous communities) did not take place when the legislation was rolled out.
We talk about “reconciliation,” but it hasn’t happened yet. There was an opportunity with the cannabis legislation, but it didn’t happen.
I think it goes back to the fundamental issues that still exist in our country related to the recognition of Indigenous inherent rights and title and treaty rights.
These have been continuously overlooked in many areas.
Do you have any advice for other businesses looking to follow in your footsteps?
Douglas: For other Indigenous groups, come and talk to us. We’re happy to help, even if it’s advice and not in a consulting fashion.
Seeking advice from other producers who have gone through the process successfully is very important, because we’ve made some mistakes, been through the ups and downs, and we’re happy to share those experiences with other Indigenous groups.
Can you share any of those hurdles and how you overcame them?
Douglas: There were big challenges in getting Shxwhá:y its Section 119 deal for retail with the province (of British Columbia). That was a long process. It took years.
My advice is, don’t give up. Keep working toward your vision. A lot of willpower, work and resources will make it happen.
Can you share any innovative ways you save money?
Todd Scarlett, director of cultivation: From a cultivation standpoint, what may be relevant to us compared to most other shops is we maintain our own mother (plants) and take all of our own cuttings.
We don’t do any out-of-house propagation.
You can’t not be efficient in this business. You won’t make it.
This interview has been edited for length and clarity.
– “Legalized Cannabis Market” research report focus on overall information that can help to take decisions on current market situation.
Legalized Cannabis Market Report Contains 2023: –
PUNE, Jan. 23, 2023 (GLOBE NEWSWIRE)
— “Legalized Cannabis Market” research report focus on overall information that can help to take decisions on current market situation.
Legalized Cannabis Market: –
Complete overview of the global Legalized Cannabis Market
The global Legalized Cannabis market size was valued at USD 23297.34 million in 2022 and is expected to expand at a CAGR of 11.97% during the forecast period, reaching USD 45922.43 million by 2028.
Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Legalized Cannabis Markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
Description and analysis of Legalized Cannabis market potential by type, Deep Dive, disruption, application capacity, end use industry
impact evaluation of most important drivers and restraints, and dynamics of the global Legalized Cannabis Market and current trends in the enterprise
Detailed profiles of the Top major players in the industry, including. Canopy Growth Corporation,HEXO Corp,VIVO Cannabis Inc,Cannabis Science, Inc,Tikun Olam Ltd.,The Green Organic Dutchman Holdings Ltd,Medical Marijuana, Inc,OrganiGram Holding Inc,Aphria, Inc.,CV Sciences,Aurora Cannabis Inc,Cronos Group Inc.,Maricann Group, Inc,Stenocare A/S,Tilray, Inc.,Terra Tech Corp
legalization of cannabis refers to the removal of laws prohibiting the possession, use, and sale of marijuana. The use of cannabis for medical purposes has been legalized in many states and countries, and in some places, the drug has also been legalized for recreational use.
The legalization of cannabis has led to the creation of a new industry, with businesses growing and selling marijuana and products made from it, such as edibles and oils. The legalization of cannabis has also led to an increase in tax revenue for governments and has created jobs in the industry.
However, the legalization of cannabis has also raised concerns about public health and safety. There is still a lack of research on the long-term effects of cannabis use, and some studies have suggested that it may have negative impacts on mental health and cognitive function. There are also concerns about increased use among young people and impaired driving.
The legalization of cannabis is a complex issue with varying opinions, but it is important to consider the potential benefits and drawbacks before making a decision. Also, it is important to note that each country has different laws and regulation around cannabis, and it is illegal in many countries
The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Legalized Cannabis market covering all its essential aspects.
For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.
In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.
researcher’s latest report provides a deep insight into the global Legalized Cannabis Market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
Legalized Cannabis Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.
based on types, the Legalized Cannabis market from 2018 to 2028 is primarily split into:
Buds / Cannabis Flower
Cannabis Extracts
based on applications, the Legalized Cannabis market from 2018 to 2028 covers:
Medical
Recreational
Cosmetics
Others
Market segment by Region/Country including: –
North America (United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
South America (Brazil, Argentina, Colombia, etc.)
Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)
Key Benefits of Legalized Cannabis Market Research Report:
Types, applications, regions, and key players covered in the study
Industry drivers, restraints, and opportunities covered in the study
Recent industry trends and developments
Competitive landscape & strategies of key players
Historical, current, and projected market size, in terms of value
In-depth analysis of the Artificial Intelligence AI Chips Market
Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report
Detailed TOC of Global Legalized Cannabis Industry Research Report 2023, Competitive Landscape, Market Size, Regional Status and Prospect
Table of Content
1 Legalized Cannabis Market Overview
1.1 Product Overview and Scope of Legalized Cannabis Market
1.2 Legalized Cannabis Market Segment by Type
1.2.1 Global Legalized Cannabis Market Sales Volume and CAGR (%) Comparison by Type (2018-2028)
1.3 Global Legalized Cannabis Market Segment by Application
To study and analyze the global Legalized Cannabisconsumption (value) by key regions/countries, product type and application
To understand the structure of Legalized Cannabis Market by identifying its various sub segments.
Focuses on the key global Legalized Cannabismanufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in next few years.
To analyze the Legalized Cannabis with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Legalized Cannabis submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global Legalized Cannabis Market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the Legalized Cannabis Market and its impact in the global market.
Learn about the Legalized Cannabis Market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the Legalized Cannabis Market.
Besides the standard structure reports, we also provide custom research according to specific requirements
Client Focus 1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Legalized Cannabis market?
Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Legalized Cannabis,Industry.
2. How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth. Please find the key player list in Summary.
3. What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.
Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
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Cannabis vapes, chocolates, chews, and a tea made up the Ontario Cannabis Store’s sneak peek at the initial selection of cannabis edibles, extracts, and topicals before they officially hit legal store shelves.Photo by Toronto Sun
The Government of Canada’s annual marijuana study has found that the adoption of legal products continues to grow.
The results of the 2022 Canadian Cannabis Survey were released last month. It found that a greater proportion of respondents reported a legal source as their usual source of cannabis compared to 2021, with legal storefronts being the most common source since 2019. A smaller proportion reported illegal storefronts and illegal online sources in 2022 compared to 2019.
The proportion of those who purchased cannabis in the past 12 months from a legal storefront did so 61% of the time, according to the survey, up from 53% in 2021. Only 2% said they purchased products from an illegal website, 1% from an illegal dispensary and 1% from a cannabis dealer.
An October survey conducted by Research Co. and Glacier Media found similar results. That survey found that 48% of respondents said they had purchased cannabis at a legal retailer, up from 38% in 2021. That survey also found that only 15% of respondents said they had not bought any cannabis from a legal retailer in the past year, down from 20% in 2021.
Canada legalized non-medical cannabis in October 2018. One of the primary objectives of the Cannabis Act is to remove the illegal market and provide a regulated cannabis market for consumers.
The Canadian Cannabis Survey has been conducted by Health Canada every year since 2017. Data for this 2022 edition was collected between April and June. Over 10,000 people responded anonymously.
The Government of Canada says it collects data to better understand how Canadians view and use cannabis.
They say results of the survey will be used to inform policy and program development, and help target public education and awareness activities. The data from the survey will also help inform the legislative review of the Cannabis Act, which is being led by an independent expert panel.
Some other interesting findings from the annual survey included:
– 12-month cannabis use among youth aged 16-19 has returned to pre-legalization levels after increasing between 2018 and 2020;
– The proportion of respondents smoking cannabis have continued to decline since 2018 while vapourizing cannabis using a vape pen has increased since 2021;
– Of those who used cannabis, driving after recent use decreased between 2018 and 2021 and remained unchanged in 2022;
– Cannabis users said they spent about $65 a month at legal dispensaries monthly;
– Smoking remains the most common method of consuming cannabis, followed by eating and vapourizing with a vape pen or e-cigarette.
The proportions of those reporting daily or near-daily cannabis use has been stable since 2018 as has the percentage of those classified at “high-risk” of developing problems from their cannabis use.
After the better part of a decade, the Florida Department of Health’s rules on how businesses can enter the state’s medical marijuana industry are finally here.
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The Department of Health, which regulates the state’s multibillion-dollar medical marijuana industry, released two emergency rules on Monday that indicate, in broad strokes, the application process for companies seeking a medical marijuana treatment center license, which permits them to cultivate, process and dispense medical marijuana.
By Pat Anson, PNN Editor
