Cannabis legalized in the world update

Countries Where Marijuana Is Legal, world map, cannabis, weed, pot

Countries Where Marijuana Is Legal

The moment we published this post, 38 nations have legalized cannabis for medicinal use. Eight of whom have fully or partly authorized marijuana for the use of cannabis. Uruguay and Canada have been the first and biggest country in the world to legalized cannabis on a regional basis. Medical marijuana has been legal in Canada since 2001, but Prime Minister Justin Trudeau’s successful push to allow recreational use has become controversial.

Specifically, there are regions around the globe where drug possession is not a felony, but there is a broad variety of regulations about the usage of drugs and entertainment, including limits regarding whether legalized cannabis can be marketed including developed.

2029222d20eigz4f?a aid=getbuds&a bid=2029222d
cannabis, pot, weed
610404e52fe71310924355

Yet a strong drive for legalization is taking place around the world. Vermont becomes the first state in the country to regulate cannabis in constitutional form, and such regulations come into effect on July 1. Oklahoma has agreed to allow medicinal marijuana, and a revised series of rules becomes approved by the State Health Board in August. 

The surge of drug legalization in the United States draws most of the investor’s interest. Yet a parallel drive toward illegalization is taking place all around the globe.

Politics and Legalized Cannabis

In June, the Senate Minority Leader Chuck Schumer introduced the Cannabis Access and Opportunity Act, which will eliminate cannabis from the government’s list of  illegal drugs and aim to decriminalize marijuana around the country. 

Donald Trump has voiced approval for encouraging states to regulate marijuana individually. Currently estimated at 8 billion, the United States legal market for legalized cannabis could be worth up to billion euros by 2025.

4056 8402874056
high yield aff
cannabis, hemp, intoxicant
CBD Oil - 10mg - 60 capsules20eigz4f?a aid=getbuds&a bid=e6863908

In fact, the surge of marijuana legalization in the United States draws a lot of interest from investors. According to the National Institute for Marijuana Investments, recreational weed has a market size of EUR 14.2 billion in 2020.

However, by 2029, it is projected that the industry will hit an additional USD 3.2 trillion in annual revenues. Until reviewing the eight countries that have approved commercial marijuana usage, here are the 38 countries that actually require medical marijuana.

c844b3fa3174b6d3317ee6a7ccef70b02e9d810d dutch passion new cannabis light seeds
8f33235e20eigz4f?a aid=getbuds&a bid=8f33235e
7c004ccf20eigz4f?a aid=getbuds&a bid=7c004ccf
10393 100731810393
close
Getbudslegalize logo

SUBSCRIBE TO OUR NEWSLETTER

Stay Up To Date With The Latest News

We keep your data private and share your data only with third parties that make this service possible. Read our privacy policy for more info.

Untitled design 33
 

Translate »
Scroll to Top