Legal Cannabis Markets

  • Legal Cannabis in Europe

    In 2015, a report from the European Convention on Human Rights (ECHR), stated that drug use, when not injuring others, should not be illegal in the EU. While there are 37 million people in Canada and 327 million in the United States, the European Union is home to almost 743 million. In 2018, six new countries…

  • Legal Cannabis US Market

    The U.S. legal cannabis sales reached $17.5 billion in 2020 according to the Arcview/BDS report and experts estimate that 2021 sales passed $25 billion (about $18 billion of adult-use sales and $7 billion for medical sales) and by 2024 could be as high as $35 billion. Although the use of cannabis is illegal under the…

  • Canadian Cannabis Market

    Canadian cannabis market has been steadily growing. The country has seen an average of a 10 percent increase each month in the number of Canadian patients signed up to receive medical cannabis. The sale of dried cannabis has grown steadily at 6 percent a month, and the sale of cannabis oil has been growing by…

  • Germany Cannabis Market

    On January 19th, 2017, Germany’s parliament (Bundestag) passed a law that officially makes cannabis legal for medicinal purposes, allowing for severely ill German patients to receive prescriptions for medical cannabis treatment. This amendment became effective from March 2017, allowing people with qualifying conditions to legally obtain medical marijuana from pharmacies with a doctor’s prescription.

  • Cannabis Legalization in Romania

    In October 2013, the Eastern European country of Romania legalized medical cannabis derivatives in the form of pills or oil. The law allows individuals and private entities to cultivate medical cannabis if they get permit from the Ministry of Health, the National Antidrug Agency, the Ministry of Justice and the Organized Crime and Terrorism Investigation…