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Cannabis plants are widely grown in Yunnan Province, especially around the city of Dali. [20] However, the Yunnan government began an eradication campaign in 1998 to make the province "cannabis free" by 2000, resulting in less wild and commercially grown cannabis. A similar campaign has also caused a rise in marijuana prices in Xinjiang. [21]
The addition of ancillary products and services amounts to an economic impact that is estimated at four times the value of direct sales of cannabis. Based on this multiplier, the total economic impact of the cannabis industry in the United States was $16-$18 billion in 2016 and is expected to reach $47.6-$68.4 billion by 2021.
Cannabis concentrate, also called marijuana concentrate, marijuana extract, or cannabis extract, is a tetrahydrocannabinol (THC) and/or cannabidiol (CBD) concentrated mass. Cannabis concentrates contain high THC levels that range from 40% to over 90%, [ 1 ] [ 2 ] stronger in THC content than high-grade marijuana, which normally measures around ...
This is a list of the world's largest cannabis companies by revenue. The list shows cannabis companies ranked by annual revenue. The list includes companies whose primary business activities are associated with cannabis. Globally, Curaleaf is the largest cannabis company in the world. [1]
This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here. In the past week ...
In the United States, the first restrictions on sale of cannabis came in 1906 (in the District of Columbia). [214] Canada criminalized cannabis in The Opium and Narcotic Drug Act, 1923, [215] before any reports of the use of the drug in Canada, but eventually legalized its consumption for recreational and medicinal purposes in 2018. [16]
[116] Edible CBD products were scheduled to be permitted for sale in Canada on October 17, 2019, for human consumption. [ 116 ] As of August 2020 [update] , it was still illegal to carry cannabis and cannabis-derived products (including products containing CBD) across the Canadian border.
Kelley Blue Book says that the average American would need to work 37.4 weeks to pay off the average new car sale price. That's better affordability than America has seen since August 2021.