U.S. Hemp Derivatives Market Expected to Reach $8.5 Billion by 2034
Exactitude Consultancy has released a new report detailing the growth trajectory of the U.S. hemp derivatives market, projecting it will…
Category: Industry
Minnesota’s cannabis market aims for craft beer-inspired model
Minnesota’s adult-use cannabis market is set to adopt a model similar to its renowned craft beer industry. The state’s two…
Victory Hemp Foods expands processing capacity to meet demand
Victory Hemp Foods has increased its processing capacity at its Carrollton, Kentucky plant to accommodate the growing demand for its…
Beholy LLC leases 95,000 sq. ft. cannabis facility in Mount Holly
A cannabis cultivator, Beholy LLC, has secured a lease for a 95,000-square-foot industrial space at 220-224 Shreve St. in Mount…
U.S. Hemp Acreage Soars 64% with $445 Million Production Value
The U.S. industrial hemp sector experienced remarkable growth in 2024, with planted acreage rising by 64%, reaching nearly 45,300 acres.…
Forbes Names 42 Cannabis Innovators Shaping the Industry
Forbes has unveiled its Cannabis 42.0 list, recognizing 42 entrepreneurs and innovators who are significantly impacting the cannabis industry in…
U.S. Hemp Production Value Reaches $445 Million in 2024
U.S. industrial hemp production experienced substantial growth in 2024, with the total crop value reaching $445 million, marking a 40%…
Entrepreneurs Build $30 Billion Cannabis Industry Despite Federal Ban
The cannabis industry in the United States has reached a remarkable $30 billion in value, flourishing despite its continued illegal…
New THC Analogs Emerge as CBD Sales Decline
As the cannabis industry experiences significant growth in various markets, extract labs are responding to a surplus of unsold CBD…
Cannabis retailers report sales surge amid 4/20 celebrations
The cannabis industry experienced significant changes this past week as the annual 4/20 holiday approached, marking a peak sales period…