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May 2nd Highlights
- The Demand for Cannabis Flower - A new report showed that Canadians spent more than $2 Billion on legal cannabis in 2020. According to a quarterly, retail commodity survey from Statistics Canada, Canadians bought $2.01 billion worth of dried cannabis flower last year. Flower definitely appears to be the preferred consumption method for Canadians, as it made up more than three-quarters of all sales from cannabis spending last year. In March 2021, Australian patients experienced their first supply shortage of drive cannabis flowers. The shortage impacted several major Australian distributors. Cannabis Access Clinics 2021 data revealed that flower approvals reached 24% across their Australian clinic network. Cannabis flower remains the most popular format for consumption between patients and adult-use consumers. Report reference
New York looks to become America's next cannabis hub
Commercial-scale production of rare cannabinoids is finally possible
Science: the “lazy stoner” stereotype is nonsense; cannabis users are actually more active
First-ever medicinal cannabis product on PBS will help kids with rare epilepsy
Australian Primary Hemp signs two-year agreement with Annex Foods
Landmark cannabis inquiry to visit regional Victoria
Australian project will set technical plan for fiber production
Little Green Pharma signs Denmark distribution agreement
Israeli medical cannabis provider slated to export two tons to Australia
Health House International pens distribution deal for medicinal CBD