Adult-use cannabis legalization is expanding globally and Germany is poised to be the next country to launch legal recreational cannabis sales. Germany has seen an increase in support for cannabis legalization over the past few years and has had a successful medical marijuana market since 2017. While cannabis is currently only permitted to be sold in select pharmacies to approved patients, it is likely …
Legalization and sales have been progressing at a rapid speed within the United States as well as across the globe, though each country is regulating it differently. Despite variations across countries, the trend of expansion is apparent throughout global cannabis markets. Global Cannabis Legalization Recent trends in legalization can be seen across the world, especially in Asia. In Thailand, people …
Although cannabis is illegal in the country, the Moroccan cannabis market is actually quite large. Cannabis is most commonly consumed in the form of hashish, a cannabis resin, which is often smoked through pipes or hookahs. Cannabis usage may officially be illegal, but behind closed doors its use is often tolerated. Moroccan Cannabis Laws The Moroccan cannabis market has a …
Like many other continents, cannabis legalization has been spreading through Europe. Countries like the United Kingdom, Italy, and Germany, among many others, have legalized medical cannabis. Access to medical use cannabis has been increasing as support for cannabis’ medicinal values grows. Though recreational uses remain illegal in most countries, many countries, like the Netherlands, have decriminalized the use of cannabis. As countries continue to change their cannabis laws, it is likely that changes are coming …
Today is one of the most celebrated dates in the cannabis industry. On 420, also known as Weed Day, people around the world get together to appreciate cannabis. Although most people have probably heard the phrase 420 or know about the holiday, many are unsure about the meaning and origin of 420. While there are multiple theories into the origin …
Asia consists of almost 50 countries and they their piece of the cannabis industry. Looking at the countries involved in the international cannabis market, it becomes evident cannabis is dominating the business world. This is due to the importance of diversification, common goals as well as local and global co-operations. The general attitude of Asia tends to be rather conservative due to the harsh governmental laws. …
This continuation will discuss Africa’s cannabis market as one of the many other continents that more or less participate in the international market. Even if Africa is currently not generating as much cannabis value as other continents do, it still plays an incredibly significant role because of its unique position in the world, the eagerness and commitment to develop legal cannabis frameworks. Africa is also a great example to show how sharing costs can be an effective strategy and foster a sufficient cannabis …
The future of the cannabis market depends on national and international co-operations. While each country has its own set of laws that restrict cannabis legalization, more and more countries are embracing it. This billion dollar business is continuously growing and is predicted to make $73.6 billion by 2027 with 18.1% per year. Factors play a significant role in how the international cannabis market is …
When looking at the international cannabis market, the U.S. stands out because of its successful efforts of implementing cannabis legalization in most states, thereby providing access to a large population. In Australia, cannabis is considered illegal under federal law. Medical cannabis has been legalized throughout most of its eight territories but still underlies specific regulations in each territory. Some territories …
Despite state-by-state legalization, Canada remains one of the most common cannabis tourist destinations for many Americans. Cannabis was legalized in October 2018 with the federal Cannabis Act, and the country currently allows up to 30 grams of cannabis flower per adult and 4 homegrown plants per household. Implementing this policy took about 3 years and brought tremendous change to the …
