With the passing of the Senate bill legalizing adult-use cannabis in New York City, there might be a sudden increase in the hemp operators to the high-THC side of the industry. Being considered as the first in the nation attempt to legalize and regulate the cannabis industry, New York Governor Andrew Cuomo signed the bill on March 31st.
New York City's Governor Andrew Cuomo has finally passed the long-awaited Marijuana Regulation & Taxation Act (MRTA) on March 30. With 43-20 voting by the assembly, Gov. Cuomo shared that the passing of MRTA will finally put an end to harsh prison sentences, prioritize marginalized communities and massively affect the growth of the cannabis industry in New York.
With the reintroduction of The Secure and Fair Enforcement (SAFE) banking act, conducting financial transactions in the marijuana industry might become a lot easier. Although the journey of legislation has been around since 2015, the SAFE Banking Act was reintroduced by Sen. Jeff Merkley and 30 other co-sponsors this week.
As the scientific shreds of evidence of the therapeutic properties of CBD are coming to light, the industry is sure to witness some relevant changes in the coming years. With the increasing popularity and enhanced awareness, CBD products have gained quite a momentum in the market, and here are 5 major predictions for the CBD industry in 2021.
Is 2021 going to be a year of positive CBD policy changes? There is a buzz in the CBD industry, though we don't have any concrete proof. Newly elected president of USA Joe Biden's plans to tackle climate change can be a blessing in disguise for the CBD industry.
We've excellent news for CBD users living in the United States. Vitamin Shoppe and Martha Stewart are all set to bring several wellness products for their customers at a reasonable price.
We have been to debates regarding determining the CBD and THC levels in cannabis products. While some groups argued that though people buy CBD products, they don't exactly know what's inside, others sought a way to measure the THC level in CBD products.
Here's an exceptional flavor for all the ice-cream lovers to try, and top of that, if you are a CBD lover, then it would be the cherry on the cake for you. We have heard about every possible way to consume CBD. Now be ready to amaze yourself with CBD flavored ice-cream.
Are you afraid that CBD consumption might lead to some side-effects, like impaired vision or fear of a road accident? Fair enough, as you might have read articles about cannabis increasing the risk of car accidents, but it's not the case with CBD.
CBD’s popularity has grown so much in recent years that CBD is searched for more often on Google compared to THC, and that has been the case for a handful of years now.
Great news for CBD lovers in Australia! Laws regulating the sale and consumption of CBD in Australia are getting less stringent.
New Frontier Data is an independent, technology-driven analytics company specializing in the global cannabis industry. So, because of its uncountable benefits and growing popularity, we can now understand why there will be a spike in demand for CBD.