The latest cannabis news from around the world
The latest cannabis news from around the world
Cannabis FYI
A 2021 study of New York Police Department arrests across all five boroughs revealed that people of color made up 94% of marijuana-related arrests.
Even though female cannabis consumers only make up a third of the US market, their sales have increased by 55% in 2021. (Headset)
The state of California is currently the most significant cannabis market in the world, for the moment more prominent than the entire Canadian legalized market. (Statista)
The United Kingdom has become a cannabis deal hub, accounting for over half of all investment activity in Europe. (Statista)
Germany has one of the largest medical cannabis markets and was the second leading country for investment activity. (Statista)
In 2021, statistics showed that 46% of US consumers get their cannabis products directly from a dispensary. (Leafly)
Black people make up 14% of our population, yet only 2% of America’s estimated 30,000 cannabis companies are Black-owned. (Leafly)
Cannabis has been a part of human culture for centuries. It's been used for medicinal and spiritual purposes by people all over the world. In recent years, there's been a renewed interest in cannabis culture, especially among black Americans and other people of color.
Cannabis culture matters because it can help us connect with our heritage, heal our bodies, and create new businesses and jobs. Let's take a closer look at why the cannabis culture is so important.
The cannabis industry is experiencing an unprecedented upswing across the United States, as entrepreneurs and companies are taking full advantage of the increasing legalization of marijuana. New businesses are launching that help serve various needs in the expanding industry; from growers and dispensary owners to tincture makers, edibles providers, and hemp-based products.
An ever-growing range of innovative products is making their way onto store shelves - from garden supplies to rolling papers and topical treatments- enhancing the variety available to consumers. This surge in activity is allowing countless budding entrepreneurs to tap into this new gold rush with exciting opportunities for growth.
We love hearing the stories and come-up of others in the cannabis industry. Do you have a story to tell of how you got into the marijuana business? We want to hear it and share it with others.
We hope by celebrating you and sharing your story, it will inspire others to join us as cannabis entrepreneurs in the industry.
Leafly
Statista
Fortune Business Insights
MJBizDaily
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