Here’s the blurb
With the expansion of global legal cannabis markets over the past decade, regulatory frameworks remain fragmented across national and state borders. In our latest report, 2021 Cannabis Regulatory Landscape: Emerging Trends in North America & Europe, we examine how and why regulations are evolving and explore the impact of cannabis consumer sentiment and behavior as a driving force behind regulatory evolution and standardization.
Key Report Findings:
- Consumer sentiment will influence regulations with 66% of cannabis consumers agreeing that legal cannabis is safer than illegal cannabis, and 77% of consumers citing potency as a “very” or “extremely” important driver in purchasing decisions.
- Potency caps in future legislation will likely include limits on THC to protect younger and inexperienced users, and in the absence of a unified regulatory structure, states are evaluating potency caps individually.
- Inconsistent CBD regulations in Europe have created a patchwork landscape for CBD products where average per capita annual spend on CBD was projected to reach €21Billion in 2020.
