Market Updates

The global cannabis market is broken up into different regions, continents, countries, states and territories, which each have their own unique rules and regulations with regards to marijuana. Become an informed observer of cannabis markets across the globe within this section of our site, and learn how each marijuana market is doing, from New Zealand to Canada.

Europe – The World's Largest Cannabis Market

Moore's Law suggests that computing power doubles in capacity every 2 years. Europe could be considered a Legal Version of Moore's Law. The continent has seen the number of member...

Legalization 2.0 Brings in $4M For a Canadian Store

Legalization 2.0 saw edibles, vaporizer products, and cannabis extracts hit the Canadian market. For one store, this amounted to an increased $4.3 million in revenue. When Canada l...

Legalizing Weed Hugely Boosts Hotel Revenues

A new study by Penn State found that cannabis legalization in Colorado led to an increase in hotel revenues by $130 million in 2014. The benefits of cannabis legalization seem to g...

The Oceania Cannabis Industry Could Be Worth $1.55B by 2024 – Prohibition Partners Report

A new report from Prohibition Partners has been released detailing the state of play for the burgeoning cannabis industry in the region of Oceania. Read this article for more infor...

Montana Continues With Legalization Efforts Amid COVID-19

New Approach Montana is pressing on with its signature-gathering marijuana legalization drive as COVID-19 restrictions begin to loosen in the State. Cannabis advocates in Montana w...

Israel May Legalize Cannabis Next Year

A cannabis legalization bill may arrive on Israel's Knesset Floor within the year, which could result in cannabis being legalized in Israel within 9 months. "It's time to make prog...

Illinois Sells $75 Million Worth of Weed in October

Illinois once again breaks records for its monthly cannabis sales, putting the total sales of the state above half a billion dollars since the beginning of the year. In September, ...

Most NJ Voters Support Marijuana Legalization

A new poll shows that a majority of voters favor the upcoming marijuana legalization ballot in New Jersey, and that COVID-19 may have helped these efforts. A new poll has emerged f...

FreshLeaf Analytics Q3 Cannabis Report Reveals Biggest Price Drop Since 2016

Cannabis industry revenue is also expected to triple during 2020—growing to approximately $95 million—while active patient numbers are on schedule to reach 30,000 before the ye...

Cannabis Prescriptions Increase by 400% in Czech Republic

Cannabis prescriptionshave more than doubled over the last six months, although the overall number ofpatients remains lower than in comparable markets like Germany or Poland. Accor...