Adult-Use
Adult-Use · page 5
- Adult-Use
California’s Embattled Cannabis Industry Faces Further Tax Spikes
Californian cannabis businesses are facing mounting financial and regulatory pressures as its second-largest city spikes taxes and its governor extends a ban on intoxicating hemp products.
- Adult-Use
Switzerland’s 7000 Recreational Cannabis Pilot Participants Show Tendency Towards ‘Lower-Risk Consumption’
The preliminary findings from Switzerland’s seven active pilot trials, involving around three per cent of the country’s active cannabis consumers, have been published by a local university.
- Adult-Use
Federal Cannabis Legalization Proposal to Be Submitted by End of the Week as US Stocks Rise
A proposal for federal legalization of cannabis is now expected to be submitted to the White House by the end of the week, driving a bump in US cannabis stocks.
- Adult-Use
Switzerland Could Become Europe’s First Fully Fledged Adult-Use Market ‘by 2026’
A new draft for a federal law, which would enable citizens to legally ‘grow, buy, possess and consume cannabis,’ was passed with a convincing majority (14-9) by the National Council’s Social Security and Health Committee.
- Adult-Use
Illinois’ Cannabis Market Hits Record $2bn in Sales
Illinois’ cannabis industry hit $2 billion in total sales in 2024, generating $490 million in tax revenue, marking another year of growth since recreational cannabis was legalized in 2020.
- Adult-Use
Tennessee Could Be Next to Legalize Recreational and Medical Cannabis as Dual Bills Put Forward
Tennessee could join the growing list of states legalizing cannabis for both recreational and medical use if two newly proposed bills pass the state legislature.
- CBD Market
Amendment Brings Full Cannabis Regulation to Czech Parliament After Long Delay
An amendment that would see a full commercial adult-use cannabis market established in the Czech Republic has finally been brought to the government after months of waiting.
- Cultivation
Oregon’s Oversupply Issues Reach Breaking Point as Prices Reach All-Time Low
Oregon’s cannabis industry is in crisis as a record-breaking harvest in 2024 exacerbates an already severe oversupply problem.
- Adult-Use
‘The Way is Clear’: German Municipalities Gear Up for Cannabis Research Pilots
‘The way is clear’ for Germany’s growing list of municipalities, universities and cannabis businesses to launch model research projects into adult-use cannabis.
- Adult-Use
US Cannabis Sales to Hit $32bn This Year as Industry Continues Record Growth
The US cannabis industry is experiencing rapid growth, with retail sales projected to exceed $32bn in 2024 and wholesale sales reaching nearly $12bn, according to a new study from Leaflink.
- Adult-Use
Cannabis Business Licenses Decline in 2024 Amid Regulatory Restructuring and Market Tightening
The number of active US cannabis business licenses – including those in regulated medical and recreational markets – continued to decline through the third quarter of 2024 as reductions in established markets outpaced growth in emerging ones.
- Adult-Use
Texas Cities Vote to Decriminalize Cannabis Possession in Another Election Win for Industry
In another promising win for cannabis during this fervent election cycle, three Texas cities have voted to approve the decriminalisation of cannabis possession.
