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Cannabis News Box

Cannabis News Box

Cannabis News Box

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Medical cannabis market report for predicts $27 billion valuation by 2026

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2022

Fortune Business Insights has published new insights into the worldwide medicinal cannabis market. The research firm's latest report suggests that the market will reach $26.9204 billion in value by 2026,...

https://www.thelaughinggrass.com/medical-marijuana-laws-changing-around-world/

Global medical cannabis market projected to reach $33.2 billion by 2027

Bethan Rose Jenkins, Cannabis News Writer/Editorial November 14, 2021

The latest analysis from progressive statistical surveying firm Market Research Future has provided some updated insights into the worldwide medical cannabis market.  Analysts responsible for carrying...

Cannabis pharmaceuticals market valued at $5.7 billion by 2027

Cannabis pharmaceuticals market valued at $5.7 billion by 2027

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 26, 2021

Cannabis pharmaceuticals constitute an ever-growing segment of the global market that, according to analysts at Polaris Market Research, will be worth $5.72 billion by 2027.  Their predictions suggest...

Jazz Pharmaceuticals snaps up medical cannabinoid firm GW Pharma for $7.2 billion

Jazz Pharmaceuticals snaps up medical cannabinoid firm GW Pharma for $7.2 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

On Wednesday, February 3, Jazz Pharmaceuticals Plc. announced that it had agreed to purchase GW Pharmaceuticals plc in a cash-and-stock deal valued at $7.2 billion.  The goal of this deal is to incorporate...

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Canopy Growth files lawsuit against GW Pharma, arguing patent infringement

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

Canopy Growth Corporation, one of the largest cannabis producers in Canada, has initiated a threatening lawsuit against a United Kingdom-headquartered drugs company called GW Pharmaceuticals.  The...

Cannabis-derived epilepsy medication eliminated from controlled substances list by DEA

Cannabis-derived epilepsy medication eliminated from controlled substances list by DEA

Bethan Rose Jenkins, Cannabis News Writer/Editorial April 14, 2020

A cannabis-derived pharmaceutical drug called Epidiolex has officially been banished from the U.S. Drug Enforcement Administration's (DEA) list of controlled substances. The medicine, which is FDA-approved,...

https://globenewswire.com/news-release/2018/06/25/1529165/0/en/GW-Pharmaceuticals-plc-and-its-U-S-Subsidiary-Greenwich-Biosciences-Announce-FDA-Approval-of-EPIDIOLEX-cannabidiol-oral-solution-the-First-Plant-derived-Cannabinoid-Prescription-Me.html

GW Pharmaceuticals turns over $108M in Q4 sales thanks to CBD-based medicine

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 27, 2020

Following the EU approval of a cannabis-derived epilepsy treatment called Epidiolex, British drugs company GW Pharmaceuticals is experiencing a major surge in sales. Headquartered in London, GW Pharma...

https://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependent_territories_in_North_America

North America’s legal cannabis market to inflate to $37.9 billion by 2024

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 10, 2020

Cannabis-focused strategy and research consultancy firm Prohibition Partners has published its eagerly awaited Global Cannabis Report. The findings of this report indicate that legal cannabis in North...

https://www.medicaljane.com/2014/07/02/preliminary-study-cannabis-based-drug-may-help-battle-treatment-resistant-epilepsy/

GW Pharmaceuticals gains approval from European Commission for EPIDYOLEX®

Bethan Rose Jenkins, Cannabis News Writer/Editorial October 2, 2019

British drugs company GW Pharmaceuticals celebrated approval for its cannabinoid-based epilepsy medicine EPIDYOLEX® back in June 2018 in the United States.  Now, EPIDYOLEX has also gained approval...

http://hempbeach.com/washington-applicants-seek-marijuana-grow-licenses-more-than-retail/

Cannabis cultivation market will soar to $45.4 billion by 2026

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 25, 2019

Cannabis cultivators are expected to reap what they sow on a monumental scale, what with market demand soaring. Based on a recent report by Grand View Research, Inc., the global market size for cultivation...

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Germany’s pensioner-dominated medical cannabis market demanded 1,650 pounds of flower in Q1 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial July 8, 2019

Older patients are steering Germany’s medical cannabis market, with the biggest patient group comprising residents aged between 50 and 59 years of age.  This is according to the latest data published...

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Big Pharma, Big Tobacco betting big on legal weed

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 28, 2019

Major pharmaceutical drug companies are getting involved in legal cannabis, albeit a bit discreetly. According to recent reports, patents are being snapped up left, right and center, while some pharmaceutical...

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