A STRONG MARKET FOR CANNABIS CONSUMERS IN THE WORLD

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CANNABIS

After the legalization of cannabis in the United States, there has been an increase in the number of cannabis strains. Furthermore, dispensaries and seed banks suffered from a shortage of clarity for buyers. 

There is effective coordination between states in the US, but each state begins its cannabis program on its own with little coordination or standardization. The global cannabis population is estimated to be around 2.25%. It is even possible to grow autoflowering plants in the comfort of your home when you buy marijuana seeds from Homegrown Cannabis Co. 

Cannabis as a medical and recreational drug 

Globally, the cannabis industry is worth billions of dollars. It is already legal to use cannabis, regardless of international drug policies. The leading countries; 

  • Canada 
  • Mexico 
  • United Kingdom 
  • Netherlands 
  • Australia 
  • Germany 
  • Italy 
  • Israel 
  • Poland Czech Republic 
  • Uruguay 
  • Peru 
  • South Africa 

Cannabis is regulated as a drug in most of these countries. In particular, Israel is at least ten years ahead of US institutes in terms of standardizing the cultivation and extraction of cannabis for clinical trials, as a result of which there are patented drugs to achieve approval from the US Food and Drug Administration (FDA) and enter this promising area. 

Market within the United States

Market share for US marijuana companies had to be gained through catchup. We must first identify the various cannabis strains being grown globally. 

An extensive database of cannabis strains 

After the creation of cannabis partner states in the USA, the proliferation of cannabis strains has led to confusion and an absence of transparency for customers of dispensaries. There are 39,800 cannabis strains planted in Washington. 

Cannabis consumers and patients are even more confused since the only thing tied to cannabis is its tetrahydrocannabinol (THC) content. Neither state regulators nor cannabis testing laboratories are able to address the growing uncertainty of the cannabis industry by determining the natural value of the flower instead of taking everything out of its pharmacologically active chemical profile. 

Cannabis varieties should be registered by regulators with specific criteria, including chemical profiling and genotyping before they can be continuously cultivated. Visit https://homegrowncannabisco.com/high-thc-seeds to learn more.

Additionally, cannabis testing laboratories measured potency by measuring cannabinoid concentration. Additionally, its capabilities include comprehensive quality assurance, advanced chemometrics, genotyping, and consumer education, making it uniquely suited to unravel the mystery of cannabis strains. Using either method will boost consumer confidence in cannabis purchases. In positive news, this study showed cannabis consumers are willing to pay a premium for authenticated, genotyped flowers. 

In the US, cannabis is a classified Type I drug because the vast majority of it is grown. CBD oil and THC are both present in these seeds. 

The East’s contribution to legalization 

Clinical trials on Epidiolex, a CBD oil brand used in medicine, were approved in Japan for the first time. Trials were exempt from Japan’s hemp control law, which bans most cannabis compounds including THC, in order to be tightly controlled in a hospital setting. 

Last year, the US Food and Drug Administration approved Epidiolex, manufactured by GW Pharmaceutical. In a recent meeting of the Okinawa-North Task Force, a search and development agency, officials

 from the Ministry of Health, Labor And Welfare announced cases. 

A tablet called Epidiolex is designed to treat epilepsy in children. US federal approval is granted primarily based on this prescription. 

A primary purpose of this drug is to treat Dravet Syndrome and Lennox-Gastaut Syndrome. The number of Dravet Syndrome patients in Japan is around 3,000, and Lennox-Gastaut patients are around 4,300.