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Increasing Consumption, Expanding Legalization Leading to High Times for Cannabis Companies

Increasing Consumption, Expanding Legalization Leading to High Times for Cannabis Companies
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Increasing Consumption, Expanding Legalization Leading to High Times for Cannabis Companies

Increasing Consumption, Expanding Legalization Leading to High Times for Cannabis Companies - Financialnewsmedia.com News Commentary Share this article Share this article PALM BEACH, Fla., Feb. 10, 2021 /PRNewswire/  The growth of the cannabis market over the last few years has been remarkable. The historical social negativity took a long time to overcome, but now, it has freed the markets to grow by the billions! Consumer demand has spawned revenue streams that continue to grow at a faster pace. However, some would be surprised to know that it s the medical segment… not the recreational… that is predicted to be outpace recreational marijuana in the race for revenues. One report, from Market Research Future projected that the market for medical marijuana market is anticipated to acquire the market value of USD 54,677 million while thriving at a CAGR of 34% by 2023, while another report from Market Data Forecast increased the projection saying that the size of the global me

Cannabis Movers & Shakers: Nicole Kidman Joins Sera Labs, Grasslands, Liberty Health, MediPharm, THC Therapeutics, 4Cable TV

Nicole Kidman Teams Up With The Sera Labs Oscar, Golden Globe, and Emmy Award-winning actress Nicole Kidman was named The Sera Labs Inc. s first strategic business partner and brand ambassador. According to a Thursday’s update, Kidman agreed to endorse the company s topical products. As the face of the brand, Kidman opted to support the product development at the Los Angeles-based CBD products company. She agreed to help with distribution and sales for the company s anti-aging skincare line, including Seratopical as well as topical ultra-hydrating and pain relief body creams and serums. Kidman disclosed that teaming up with Sera Labs was an easy decision for her.

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