Tag: Pharmaceutical cannabis

March 16, 2017 Off

Cannabis industry turning into multi-billion dollar opportunity

By Dino Mustafić

In the United States, this market’s massive growth potential is being recognized as new states legalize marijuana for medical or recreational use. Industry experts forecast the U.S. cannabis market rounding $7 billion in 2016, while the annual sale of state-legal cannabis products is forecast to exceed $20 billion by 2020.

March 2, 2017 Off

First pharmaceutical cannabis factory opened in USA

By Dino Mustafić

First pharmaceutical cannabis factory was open in the USA on Tuesday, as Ultra Health, New Mexico’s first cannabis company with a nationwide presence, and Panaxia Pharmaceuticals Industries Ltd, an Israeli pharmaceutical company specializing in pharmaceutical cannabis R&D and manufacturing launched their facility in Bernalillo, New Mexico.