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Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. In regulated markets, U.S. cannabis sales surged by 20 percent in 2018 and are on track to jump by another 36 percent this year, the report said. The legalization of cannabis in more U.S.
And if you don’t have an hour to spare, below are highlights of what our cannabis and international trade lawyers had to say about the status and pitfalls of the international cannabis trade. companies are moving into international cannabis trade Despite the current financial struggles for many U.S.-based
6 – NorthKorea. Starting the list with a country like NorthKorea might be surprising to some. Since the beginning of both North and South Korea’s written history , traditional weavers turned hemp fiber into a fabric known as “sambe.” Here we go. RANKING THE TOP HEMP GROWING COUNTRIES. #6 1 – China.
On the other hand, Singapore bans all harsh penalties for cannabis products which include a combination of heavy fines and jail time. CBD rules vary widely from country to country, laws are highly dependent on cultural, traditional, and religious differences. Cannabis is completely banned in Bangladesh, and so are its derivatives.
An interesting article in itself and a great overview of what is happening in regulatedcannabis in the Asia Pacific region. For a Singaporean publication to look at regulatedcannabis in this depth and provide a series of comparisons tells us a lot about where this market is heading in the region in the 2020’s.
CPA’s” PUBLISHER: CANNABISLAW REPORT. Numerous attempts to introduce legislation to relax the provisions that placed cannabis on Schedule I of the Controlled Substances Act [“CSA”] have been made beginning in 1981 [i]. State-compliant cannabis activity would no longer violate federal criminal law.
As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. This white paper offers a primer to the complex and confusing global cannabis industry as it stands today.
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