The global cannabis industry grew 46% in 2019 fueled by emerging adult-use markets. It has the potential to grow another 38% in 2020 and projected to reach $48 billion in 2025. The worldwide legal cannabis industry posted its biggest year of growth in 2019, according to data firm BDSA. The Arcview Market Research/BDSA forecast model shows worldwide spending grew 46.1% to $14.8 billion in 2019 over the course of a six-year period from 2013 to 2019. During that time, legal spending grew at a 34.3%
LOS ANGELES | PRNewswire Sweet Flower, the largest independent Southern California cannabis retail chain is opening its newest Los Angeles retail location on July 3rd, Sweet Flower Westwood, in Westwood, Los Angeles. Sweet Flower Westwood joins Sweet Flower's other Los Angeles stores in the DTLA Arts District, Studio City and on Melrose. Sweet Flower's vision is to transform the modern cannabis shopping experience. Best known for its beautiful, open and inviting spaces and outstanding customer experience, Sweet Flower's stores and delivery service aim to deliver an elevated, engaging and informative wellness experience for
The Soko Cannabis Ball was the CBD event to be at in San Diego last Thursday night. Whether you are a consumer or are a professional in the industry, Soko Canna put on a can’t-miss event at the Sugar Factory. Besides the eye catching live art installations, CBD infused cocktails and even some pretty fantastic freebies, some of the most exciting parts of the event were the cannabis companies that were present. Here are some of the businesses we met and
What is the Difference Between State Issued Card and Medical Marijuana Recommendation in California?
With the cannabis industry continually evolving, it’s easy for its laws to get confusing. In 1996, California passed prop 215, the Compassionate Use Act, as the first state to legalize medical marijuana. With California’s 2016 approval of prop 64, the California Marijuana Legalization Initiative, cannabis is officially and legally recreational in the golden state. So, what do you do with your old doctor’s recommendations? And do you need the state issued medical marijuana card you keep hearing about? Both are
Take a trip to any of these California cannabis friendly cities for a unique experience whether you’re new to the marijuana scene or a seasoned vet. With cannabis recently legalized through Prop 64, it could feel as though the possibilities of enjoying a high are endless. Although Cannabis tourism is barely beginning, bud & breakfasts, cannabis resorts, cannabis festivals, and leisurely cannabis activities are popping up in a number of cities. Since each city enforces their own laws, you’ll need to