Business & Finance
Business announcements, funding and investment news and trends in the cannabis industry.
Business Trends for 2019
2018 has been a great year for cannabis lovers with various states joining the legalized list. With such tremendous health benefits lined up for an amazing ingredient as marijuana, 2019 is for sure going to be a busy year. Legalization of marijuana had been a topic of discussion for quite long and finally few states emerged to take the step in 2018. But with several states yet to legalize, the market potential and tax revenue that expands the opportunity for the government is sure to turn the tables around in 2019. Also, cannabis being among the most lucrative industries today which means investors won’t fail to shift their interest into this area. Rapid legalization bestows the possibility of heavy investments in the future. This will also ensure an enhancement in availability, variety, and quality of cannabis products. With increasing demands, an equally competitive environment for cannabis-based products is also beginning to be spread. This will also encourage a decrease in prices of cannabis and products. The internet has also played a pivotal role in spreading awareness among people about the true benefits of marijuana. This has helped slowly eliminate the stigma and lead to more acceptance. Apart from new users, lifelong consumers have also stepped away from the shadow. These changes can be expected to gain momentum through the coming years. The availability of information and the ability to observe the changing trend will help more consumers around the world shower interest towards the use of Cannabis. Here are 7 important cannabis trends to watch out for in 2019 that might leave you awestruck. 1. Increased Interest in Research Medical cannabis seeds have been an important area of research. Cannabis is currently under research for treating various ailments ranging from pain relief to reducing chances of heart diseases and diabetics. In fact, medical marijuana`s effectiveness for cancer treatment has been an interesting area of focussed research. While these are few areas of potential applications for Cannabis, further interest and research to confirm this can be expected to take place in the coming years. Legalization and general interest will bring in more resources for research to understand the benefits of marijuana in medical science. This can expand its scope of applications. The demand for medical marijuana can also be expected to increase in comparison to recreational in the coming years. 2. The Rise of CBD Cannabis constitutes 2 major components - THC and CBD. CBD which is among the various cannabinoids present in cannabis is one of the most studied compounds now. The compound`s potential may be efficiently harnessed to benefit the healthcare industry. This aspect might witness a breakthrough by 2019. Various countries are seeing a rise in the usage of CBD oil and other related products. It is currently used to reduce inflammation whereas by recognizing its true potential the market may rise in the coming years. We could expect various products for treating ailments and enhancing mindfulness to reach the stores. CBD in treating symptoms of chemotherapy may also go through better research and a conclusive study to prove its effectiveness may happen in the years to come. 3. Cannabis Taught in School The notable progress of cannabis in the field of medicine can be evidently seen through the number of medical marijuana dispensaries that are available in legalized states. Cannabis has also been a popular component of the recreational market and this has been the basis for colleges offering courses on the same. Understanding the plant clearly can also help spread awareness about proper usage of marijuana for both recreational as well as medicinal purposes. Marijuana tours, researches, and classes that allow people to truly understand this substance which was once considered a drug that damages your health can be expected to rise by 2019. 4. Marijuana Will Penetrate Pet Foods The effect of marijuana on pets has also been an interesting area of research for a few years now. Like humans, pets could also benefit from the miraculous health benefits of marijuana. The demand for hemp formulas that offer various medical advantages might increase with more interest from pet owners. With proper research to back up the effects and possible side effects of Marijuana in pet food, pet owners might show increased interest in the substance. Pet food and wellness items that constitute marijuana as a major ingredient may capture the interest of various companies who might begin producing the same. CBD treats for dogs have become a very popular product among pet owners. 5. Better Acceptance of Marijuana in Healthcare Sector Especially for Mental Health Marijuana dispensary has been an encouraging step towards promoting cannabis-based treatments. Marijuana has so far been an effective method of pain relief even in chronic cases such as arthritis. It is also being widely used for treating conditions such as nausea, muscle spasms, and Crohn's disease. Experiments are currently under progress to understand the effect of marijuana on cancer cell growth prevention as well as in eliminating possibilities of early onset of Alzheimer’s diseases. Conclusive studies that support these claims will offer a strong base for adopting these treatments. Cannabis grown using greenhouse seeds is can also be expected to make a breakthrough as a method of treatment for mental health issues such as anxiety and depression. You can also expect usage of marijuana to decrease the severity of symptoms of PTSD to become common in the coming years. 6. A Safe Alternative for Addiction Therapy Availability and awareness about recreational marijuana could be a positive step toward controlling raging alcoholism around the world. The growing curiosity to understand the comparison between alcohol and cannabis can be expected to favor the use of cannabis. It is a healthier alternative to using alcohol given there are fewer side effects. We can expect the use of medical marijuana to penetrate into addiction therapy where drug abuse can be controlled using cannabis as the substitute at early stages. Also, general medications prescribed for anxiety and depression are based on benzodiazepines which are an addictive substance in nature. Use of CBD in its place might become more popular as a natural method of treating these conditions. Marijuana Doctors suggest that this could also be an effective way of reducing the risk of side effects associated with the use of NSAIDs and other over the counter pain management drugs. But the true potential can only be analyzed after proper scientific evidence. 7. Marijuana Can Be Witnessed in the Sports Arena Today sports organizations are understanding the potential of marijuana in acting as a cure for physical ailments as well as its effectiveness in healing various nervous system related conditions. While few associations such as NBA (National Basketball Association) have already waived the flagged in favor of marijuana use, we can look forward to more organization and games to join the list by 2019. Marijuana can soothe your body, calm your nerves, relieve stress and tension and also act as a refreshing substance for your soul. This way it is in the process of reaching our hearts and becoming a part of our lifestyle. 2019 could be the year for cannabis to enter various segments of the market including wellness products which could be beneficial for people suffering from various conditions. You can also order weed online from any online dispensary apart from getting it from a medical marijuana dispensary. Big Thanks To Our Guest Blogger Kathy Cooley: Kathy has been closely studying the cannabis industry trends from quite some time. Intrigued by the booming growth of this sector, she takes interest in penning down her views providing quality insight on current marijuana trends, particularly medical cannabis.
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Cannabis Company Valuations
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