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Medical: legal Recreational: decriminalized. In 2012, Switzerland decriminalized the possession of marijuana, and since October 1, 2013, the possession of up to 10 grams of cannabis is subject to an on the spot fine of CHF 100 ($107.8). Minors under the age of 18 can still face legal proceedings under Swiss juvenile criminal law.
The following year, lawmakers decriminalized the possession of up to 10 grams of weed, reducing the penalty for possession to a fine of 100 Swiss francs (about $109), with no threat of jail time. . Switzerland already has a well-deserved reputation as one of the most cannabis-friendly countries in Europe.
The world’s real estate is facing a massive shift in paradigm due to the decriminalization of cannabis in some states despite the national sentiment against it. In the US, for example, the cannabis industry is worth $67 billion and is projected to worth $100 billion by 2030.
One theory is that many investors in publicly traded MSOs speculated that by now, Congress would have at least passed a bill to decriminalize the plant or would have passed the SAFE Banking Act to ease cannabis businesses’ access to banking services. According to that same study, annual legal sales of cannabis in the U.S. billion by 2025.
billion by 2030.” than states where medical marijuana has been decriminalized (mean: 61.2 .” When you start looking at how much money drug companies are making, it’s difficult to pinpoint an answer. Allied Market Research says, “The global opioids market size was valued at $4.4 billion by 2023.”
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