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Illinois releases Cannabis Report FY2024 (IDFPR portion)

Illinois News Joint

Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. The report also touts, as more evidence, Illinois’ $2,007,401,374 in sales during the past fiscal year. These rules bring further clarity and transparency to IDFPR operations by laying out policies and procedures in a clear and concise way.

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Virginia lawmakers agree to legalize marijuana, but not until 2024

SpeedWeed

RICHMOND, VA — Virginia lawmakers gave final approval Saturday to a bill that will legalize cannabis for adult use, but not until 2024, when retail sales of the drug would begin. Buyer’s guides for cannabis seeds and growing equipment. The legislation now goes to Democratic Gov. The legislation now goes to Democratic Gov.

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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. The following year, the Czech Republic and German governments announced plans to develop a legal framework to establish a regulated market for recreational sales.

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

Veriheal

Although Germany’s medical cannabis policy is in its early stages, it still outshines other European cannabis markets due to its colossal growth. For example, by the year 2024, more than 1 million German patients will be able to get their hands on medicinal-grade cannabis. billion (USD$8.4 billion) by 2028. Aurora Cannabis.

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The Status of Cannabis Legalization in the South

Cannabis Law Report

These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. has been notably slow to uptake major reforms.

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New Report: 66% of Americans Would Purchase Cannabis in Germany

Cannabis Law Report

Experts predict adult-use cannabis to come online by 2024, but regulators have not yet determined tourism policies. According to a BDSA report from this month, international sales will exceed ~$10 billion in 2026. The bulk of that new legal spending will be driven by Germany (contributing ~$3 billion by 2026).

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4 Ways to Prepare for the Cannabis Licensing Process

SpeedWeed

Duque’s office estimates that the global market for medicinal and industrial cannabis may be worth US$62 billion by 2024. Colombia, one of the world’s largest cannabis producers in the 1960s and 1970s, and the world’s biggest supplier of cocaine, continues to change the country’s drug policy. Advantages.