Today's topic hot news

Forbes magazine recently published Andrew Di 'Angelo, author of Cannabis Business and Culture, ten predictions for cannabis industry in 2022:

1.In the post-epidemic era, Cannabis public consumption lounges will be opened in California, Nevada and Denver, thus opening a new chapter of marijuana integration into society. 2. The first pioneers of cannabis hotel industry will appear in hotels and resorts. 3. Industrial hemp cosmetics, clothing and fashion products will become more popular in popular culture, including luxury brands and celebrity endorsements. 4. Mexico will legalize marijuana and give a legal framework before the end of the year. 5. Germany will legalize Cannabis conceptually before the end of this year, but it will not come out of the framework. 6. As more and more jurisdictions and countries legalize Cannabis, the ups and downs of the industry will become more obvious and happen at a faster rate this year. 7. There will be no meaningful federal reform in the United States. 8. American cannabis companies will continue to resist the competition from traditional cannabis entrepreneurs. 9. Traditional Mahjong continues to strive to enter the legal market and compete with cannabis companies. 10. Cannabis consumers will need more products from craft producers, while traditional cannabis players will gain market share in 2022 (see Canada in 2021).

Mexico and Germany legalized Cannabis in 2022, which will be an earth-shattering event and will have a domino effect in Europe and Latin America. Europe will set up a framework slowly, including Germany, so there will be no cannabis shops in the short term, but progress will still be made. If the law doesn't suit the president's liking, Mexico may be vetoed by the president, so the forecast is on thin ice, but I see the law is moving forward.

Andrew thinks it is a mistake for the United States to do nothing at the federal level, so we will see if Biden has the courage to fulfill his reform promise. Democrats always evade reform in election years, mistakenly thinking that it will save them at the ballot box. This will only make things worse for them, but that's their usual way of doing things.

This year, we will see corporate cannabis and traditional cannabis trying to solve the problems in two markets (one licensed, one unlicensed, one regulated and one underground), but this work will be intermittent, and we may not see any meaningful results until 2023 or longer. This year should be the beginning of real negotiations, and the development of the framework enables both traditional groups and enterprise groups to flourish in the legal market.

At the same time, industrial mahjong continues to achieve a leap-forward growth. And food fiber is the next application of hemp production (not just CBD) in the United States and around the world. Industrial cannabis cosmetics and fashion industries will have a bumper year, because both industries are striving to go green and take advantage of the cannabis fever in popular culture. I know I will buy the latest industrial hemp clothing, food and anti-wrinkle cream. The market of these SKUs is unlimited, because many generations of consumers accept all kinds of cannabis products.

The public consumption of cannabis and the emergence of hotel mode will be interesting to participate in. Consumers can go to the cannabis consumption lounge, or even stay in hotels that allow free purchase and consumption of cannabis. Being able to use e-cigarettes in bed and watch Eyes Wide Shut on TV will bring pleasure to any cannabis lover, and it will be very marketable.

In conclusion

As more and more people consume marijuana and more entrepreneurs enter this field, the number of activities and innovations will be dazzling. As marijuana becomes the central stage of popular culture, it will be exciting to see new faces emerge. This is the warm reminder from Forbes: "So please fasten your seat belts. In 2022, the development of cannabis industry will be faster than ever before, and the ups and downs may be extreme. We all need to slow down, listen and take care of ourselves. "

In the tide of governments all over the world actively promoting the industrial standards of industrial cannabis, medical cannabis and even recreational cannabis, China's industrial cannabis is a sunrise industry under strong supervision. At present, the governments of Heilongjiang, Yunnan and Jilin have started to introduce relevant policies in China, and more and more large enterprises have made heavy bets, constantly making industrial innovations and upgrades, making breakthroughs in key areas such as biopharmaceuticals, actively linking the global ecology, expanding and distributing overseas markets, and showing a blue ocean situation in the industrial chain.

It is particularly noteworthy that the industrial hemp cosmetics, clothing and fashion products mentioned in Forbes' forecast will become more popular in popular culture, including luxury brands and celebrity endorsements, which is a realistic portrayal of China. As early as in the words "Mayflies dig and read, linen is like snow, plain as soap, and polyester as bath", it seems that we can see linen as thin as cicadas in summer. At the moment when Chinese traditional culture shines brilliantly, the cannabis industry is bound to usher in a brand-new development opportunity.

Want to know the latest developments and more exciting stories of the cannabis industry in 2022, DrHemp looks forward to your continued attention! Do you also think the Lunar New Year is more like the New Year? Doctor wishes you and your dear family a happy Spring Festival, peace, joy and happiness in advance!

I look forward to seeing you next year ~