Author: Michelle Janikian

Thanks to the progress of cannabis legalization around the globe, new and exciting markets are emerging far beyond the shores of the US and Canada. It’s been a fantastic few years for North American cannabis. Numerous medical and recreational markets have been opened up to the cannabis industry, and as a result, a weed boom is in full swing.  However, it’s not just the North American continent that’s enjoying the green rush. Countries all over the world are beginning to recognize the tremendous medical and economic potential of cannabis, and to date, 38 countries have legalized medical cannabis in one form or another.  According to a new report by Zion Market Research, the global cannabis market is forecast to reach $13.78 billion by 2026. And, it’s the growing adoption of medical cannabis for the treatment of chronic diseases such as cancer, arthritis, and Alzheimer’s, as well as mental health conditions and neurological problems such as anxiety, depression, and epilepsy that is the key factor driving market growth, especially for extracts and tinctures, worldwide, according to a recent Grand View Research report. For us here at Rosin Tech, the continued growth of cannabis concentrates is especially exciting. Thanks to a general shift towards more healthy lifestyles, traditional smoking of flower is falling out of favor with both medical and recreational cannabis consumers alike. The use of sublingual oils, edibles, and...