The numbers behind the cannabis business
Four trackers kept current by the Business of Cannabis newsroom: where cannabis is legal, how listed cannabis companies are trading, Germany’s medical market and the fight over US rescheduling.
Legalisation by country
Adult-use and medical status for 45 markets · updated 11 September 2026 · reviewed quarterly
The United States is counted as legal at state level; cannabis remains federally controlled.
Europe 28 markets
Asia-Pacific 5 markets
Africa & Middle East 4 markets
Cannabis stocks
Live delayed quotes, movers and sector performance · USD
listed cannabis and cannabis-adjacent equities, grouped by what they do.
- 12US multi-state operators
- 10Licensed producers
- 6Ancillary
- 4Adjacent
- 3Pharma
- 3REITs
- 5ETFs
Germany hub
Europe’s largest medical cannabis market · legislative record as of 11 September 2026
- March 2017Medical cannabis becomes prescribable
- 1 April 2024KCanG and MedCanG take effect
- 1 July 2024Cultivation associations open
- July 2025Draft MedCanG amendment published
- 8 October 2025Cabinet adopts the amendment
- 18 December 2025First Bundestag reading
- 2026Second and third readings expected
US rescheduling
The federal process from the Controlled Substances Act to today · updated 25 September 2026
- 1970–1988Origins4 milestones
- 1989–2016Decades of Denial6 milestones
- 2018–2023The Thaw3 milestones
- 2024Toward Schedule III8 milestones
- 2025–PresentThe Fight8 milestones
- 2026The Adult-Use Frontier1 milestone
Latest: Legal Challenges Mount Against the Adult-Use Extension Hearing (Jun 2026)