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Study Shows American Adults are Consuming Cannabis Products to Reduce Use of Prescription Medications
According to Radius Global Market Research, more than 44 million adults (57%) aged 55 and older used cannabis for pain management in 2018
Radius Global Market Research released the results of its inaugural Cannabis and Hemp Trends Report. The study surveyed more than 2,000 adults 18+ nationwide and found that between 2018 and 2019 thus far, there has been a significant increase in cannabis and hemp product usage and interest in the United States predominantly to replace prescription medications.
"In December 2018, Hemp was legalized under the farm bill," said Jill Gress, vice president of Radius Global Market Research. "As a research firm that tries to stay abreast of the most cutting- edge topics, we were interested in starting this trend report analyzing findings, as the industry is beginning to rapidly expand and product usage is increasing quickly. We came across very interesting findings, especially amongst demographics and social structures we were not expecting."