Cannabis Industry Research

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01

Cannabis Industry Research: Canada

The Cannabis Act and its regulations lay the framework for legalizing cannabis in Canada. However, the market is strictly regulated, especially cannabidiol (CBD) products. The next section provides full insights into the Canadian CBD products market.

CBD Products Legalization Process

Geographic Impact/Influence

Provinces That Have Legalized CBD products

How Cannabis Legalization Process Affects the Buying and Selling CBD Products

Research Methodology

A thorough examination of the Canadian government website provided comprehensive information about the legalization process of CBD products in the country. Extensive searches through industry reports published by leading media agencies such as CBC Canada also provided additional insights into the current top markets in the region, to provide an overview of the geographic impact of cannabis in the nation. Other searches through reports published by Forbes featured a breakdown of the licensing across the provinces. Overall, the information presented above provides a detailed overview of the Canadian CBD products market based on insights about how the legalization process is changing and challenging the sector.
Part
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Part
02

Cannabis Industry Research: US

The current U.S. cannabis industry lacks comprehensive laws and regulations to govern the cannabidiol CBD market. Very few CBD products are approved for use nationally despite the growth of the cannabis industry. Full insights into the CBD landscape are available below.

Legalization Process of CBD Products

Cannabis Industry Geographic Impact/Influence

U.S. States That Have Legalized CBD products.

  • In the U.S., a total of 33 states have legalized medical marijuana. The remaining 17 states have all enacted laws to permit the use of CBD extract with low concentrations of tetrahydrocannabinol (THC). U.S. states that have approved CBD, only allow its use in treating epilepsy or seizures in severely affected children.
  • The 17 states that have legalized CBD products are Alabama, Georgia, Indiana, Iowa, Kansas, Kentucky, Mississippi, North Carolina, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming.

How the Legalization Process Affects the Buying and Selling of CBD Products

Research Methodology

Your research team searched through government databases, marijuana-focused magazines, as well as business reports on cannabis to uncover the four insights about the U.S. cannabis industry presented above. We checked the information published by the FDA, Cannabis Magazine, and Medical Marijuana — ProCon.org. These resources contained in-depth information on the legalization process of CBD and CBD derived products, states that have approved the use of CBD products, and how the current and shifting legal landscape is affecting the buying and selling of CBD products.
Sources
Sources