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FN Media Group Presents Microsmallcap.com Market Commentary
New York, NY – September 7, 2022 – According to a recent Gallup poll , regular cannabis use in the US has surpassed regular cigarette consumption for the first time in history. The use of marijuana has significantly increased over the last fifty years and is now at its highest level ever recorded by Gallup. In recent decades, cigarette smoking has declined among Americans, with only 11% of respondents saying they were smokers. Recreational marijuana is now legal in one form or another in 38 states, which may contribute to its growing popularity. And the number of cannabis users will likely continue to rise as more states legalize the drug. CBD is also becoming a popular option among smokers, with hemp cigarettes offering cigarette smokers an alternative option without the dangerous or addictive impact of tobacco or nicotine. Growing interest in marijuana as well as hemp and CBD products among Americans bodes well for companies like Hempshire Group (TSXV:HMPG), Hempacco Co., Inc. (NASDAQ:HPCO), TAAT Global Alternatives Inc. (CSE:TAAT) (OTCQX:TOBAF), 22nd Century Group, Inc. (NASDAQ:XXII) and Cronos Group (NASDAQ:CRON) (TSX:CRON).
Hempshire Group (TSXV:HMPG) is dedicated to sourcing the finest CBD-rich organic hemp and other organic ingredients, such as mullein and white sage, to create CBD hemp smokes that deliver all the…