Cannabis Culture

According to studies, the legal cannabis industry is about to be worth $73.6 billion by 2027. Different agencies have different estimates but one thing is consistent: they’re all promising exponential growth. The industry is undeniably booming, so more and more players want a slice of the pie. While the boom promises a lot of great things, it’s not all rainbows and butterflies. Its economic impact can help liberalize marijuana laws...

With medical marijuana now legal in nearly all states, it’s not surprising that the cannabis trade has significantly boomed in recent years. It’s estimated to become worth $66.3 billion by 2025 and is seen to generate about $17.5 billion in tax revenues by 2030. With how big it is about to become, it’s not surprising that more and more folks want to become a part of it. The market is...

In an increasing number of liquor stores these days, a new kind of gummy has become a bestseller. Each bottle contains 25 gummies, and they cost about $70 per bottle. That’s more expensive than some good Scotches and bourbons. But these liquor stores sell a lot of these gummies anyway.  This is because these aren’t ordinary gummies. Each gummy comes infused with a dose of CBD, which many customers credit...

There’s without a doubt that the legal cannabis industry is one of the fastest-growing ones there is today. It was valued at $10.3 billion in 2018 and is expected to reach $30 billion by 2025. That’s about $17.5 billion in tax revenue by 2030, making it a very promising trade. However, despite its growth, marketing for cannabis businesses still prove to be very tricky. Brands are having difficulties in promoting...

Being an early player in the booming cannabis industry is both a promising and challenging undertaking. It’s great because there are tons of opportunities that you get first dibs on but because there re no infrastructures built yet, you might need to take the long road in certain areas. Fortunately, Wayv instantly saw the need to create a marketplace for growers, brands, distributors, and retailers so they can more easily...

Most people these days have heard about CBD products and the health benefits they’re supposed to offer. But though we may know a bit about cannabidiol, we still don’t know a lot about it. If you’ve spent some time online reading the news (or even just watching cable news), you probably have stumbled upon a news report regarding CBD and its numerous supposed health benefits. These news reports are already...

With cannabis products now legal to buy and use for various applications in many states, it’s not surprising that the market has shifted and expanded. Back in the day, you’ll only really find stoner dude content, but with the legalization, the other demands of the said substance are coming out and making their voices heard. Miss Grass is an excellent representation of one of these emerging markets. Their female-focused platform...

Oral hygiene titan Colgate Palmolive joins the group of major U.S.-based companies entering the hemp and CBD industry. One of its brands they recently acquired, Hello Products, will launch a line of toothpaste, mouthwashes, and lip balms that contain cannabidiol (CBD).  Hello Products, a New Jersey-based oral care brand, launched its CBD line last month, with seven products to its name. On the other hand, Colgate announced last January that they’re...

CBD in its many forms has become more popular all over the US, and it is legal in many states. One form of (the CBD oil derived from hemp) is absolutely legal in every state. All these mean that there’s a demand for the product for which you can build a company, and there aren’t really any legal impediments to success. The potentials for-profits are staggering, as by 2024 some...

If you have been reading the news, then you probably know that the cannabis industry is growing at a faster rate. Its current market size is estimated to be around $11.3 billion, and the industry is expected to grow 14.5% within the next five years. If you run a cannabis business, you need to know several important things to make your business successful. 1. Improve Efficiency Growth is a process,...

A lot of misconceptions and myths persist about cannabis. Nowadays when most states allow for some type of cannabis use, it’s time for you to know at least the basics. Exactly how much do you know about cannabis? It’s unfortunate that scientific studies have largely hindered the research on plants such as marijuana and hemp, due to the decades-long prohibition regarding their use. It’s also rather disconcerting how much fake...

The sudden emergence of cannabis and CBD has sent shock waves throughout the rest of the business world. Here are the most affected industries. It’s fair to say that the recent legalization for cannabis and introduction of CBD products has made a large impact on society at large. Many families do not enjoy alternative medications for healthy loved ones, and often these alternatives are far more effective. Hemp has also...