by adminTorusBrand | May 31, 2019 | Business
The new data forecasts a nearly 50 percent surge in annual growth for CBD market in the next five years. Cannabidiol (CBD) is on track to reach $20 billion in sales in the next five years, according to a new report from a leading cannabis researcher BDS Analytics. The...
by adminTorusBrand | May 24, 2019 | Business
New research shows women with children more likely to use cannabis than those without. A new survey reveals women with children use cannabis more frequently and are willing to spend more money on cannabis than women without children. The 2019 survey conducted by New...
by adminTorusBrand | May 23, 2019 | Business
Medical marijuana history was made in Hot Springs, Arkansas as the state’s first patients finally gain legal access to cannabis. It took two and a half years after Arkansas voters approved the legalization of medical marijuana in 2016 for qualified patients to be able...
by adminTorusBrand | May 8, 2019 | Business
Millennials in particular now prefer cannabis over alcohol. A 2019 market research report conducted by New Frontier Data shows 65 percent of cannabis users say they prefer cannabis over alcohol. Researchers expect that trend to increase with a wave of millennial...
by adminTorusBrand | Apr 30, 2019 | Business
A new analysis estimates an adult use marijuana industry in New York could directly generate over 40,000 jobs. As New York State’s lawmakers contemplate legalizing recreational marijuana, new projections show that a legalized and regulated industry would produce at...
by adminTorusBrand | Apr 23, 2019 | Business
An estimated 260 million people throughout the world are active cannabis consumers. The worldwide cannabis consumer market is worth $344 billion, according to a new analysis by cannabis market research firm New Frontier Data. This week the independent data analytics...