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Recreational Cannabis Legalization in Germany? Medical Cannabis Businesses and Investors Hope So

Veriheal

Companies in similar avenues look set to harvest substantial rewards if Germany’s market shifts to a recreational focus. Although Germany’s medical cannabis policy is in its early stages, it still outshines other European cannabis markets due to its colossal growth. billion (USD$8.4 billion) by 2028. Numerous U.S.

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U.S. Cannabis Legalization Update: Who’s Still Waiting and Who May Legalize

Veriheal

states and the District of Columbia currently have legal cannabis, medical or recreational. Despite this massive shift in cannabis policy, however, a few states are still dragging their feet on cannabis legalization. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes.

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New Mexico and Virginia Legalize Cannabis for Recreational Use

The Blunt Truth

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia Recreational Cannabis Law. Retail sales will not begin until January 1, 2024.

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California’s Cannabis Industry Conundrum and the Road Ahead

Canna Law Blog

Despite continuously surpassing every other state with recreational cannabis in terms of total retail sales, California’s cannabis industry has faced continuous and far-reaching issues on multiple levels that have only spread even further. The rallying cry, “Nobody should go to jail for a plant,” must now evolve.

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Virginia lawmakers agree on recreational marijuana legalization

SpeedWeed

Virginia lawmakers on Saturday narrowly approved compromise legislation legalizing a commercial recreational marijuana program that could generate nearly $1.5 1, 2024 start. 1, 2024 enactment date for the law. A scheduled 2024 market launch would be a year later than what Northam wanted. Cultivation facilities, 450.

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Europe’s Cannabis-Friendly Hotspots Could Trigger an Economic Shift 

Veriheal

The Seeds of Europe’s Adult-use Cannabis Market Are Sprouting Europe’s recreational cannabis market has overcome major regulatory hurdles in the last few years. In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. billion) by 2027. billion) by 2027. million patients by 2027.

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Virginia Governor Calls for Amendments to Restriction Bill That Protects Patient Access to CBD Products

Veriheal

Bill to Permit Retail Cannabis Sales in Virginia by 2024 Following a failed attempt to launch a legal market in Virginia, retail cannabis sales have stalled until 2024. Adam Ebbin (D-Alexandria) that would have carved a new path for recreational sales to start in 2023. The bill to permit cannabis possession was approved in 2021.

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