March 2026 – Business Plan Templates

Switzerland Cannabis Market

Cannabis is legal in Switzerland for medical purposes and the country is currently running seven pilot trials for adult-use cannabis with around 104,000 active participants as of June 2025. Switzerland is also in the process of drafting a new law that if approved would legalize adult-use cannabis use and establish a regulated commercial market.

New Mexico Cannabis Market

Since April 2022, New Mexico cannabis market has exceeded $2 billion in total sales, of which $1.5 billion came from adult-use cannabis sales.

European Cannabis Market

As of March 2026, some form of medical cannabis (or cannabis-based medicine) is legal in 25 countries across the region, with a further 9 having decriminalised the personal use of cannabis, and 4 having legalised cannabis for recreational use. The European cannabis market grew from €870 million in 2024 to €1.45 billion in 2025 and is projected to surpass €2 billion by 2027.

Virginia Cannabis Market

With the finalized version of the proposed regulatory framework for Virginia’s adult-use cannabis market heading to the governor’s desk, legal adult-use cannabis sales in Virginia could start from January 1, 2027.

Newfoundland and Labrador Cannabis Market

Retail cannabis sales in Newfoundland and Labrador reached nearly $110 million in 2025. While dried flower remains the most preferred cannabis product form, the province has the highest usage rates in the country for concentrates and oil for oral use, alongside strong demand for infused pre-rolls.

How to Start a Cannabis Business in Australia?

1. Understand the regulatory and legal requirements. Do market research. Australia Cannabis Legalization The Narcotic Drugs Amendment Bill was passed […]

Australian Cannabis Market

With domestic cannabis production surging by 154% and imports skyrocketing by 959% – alongside exponential growth in patient prescriptions – demand for medical cannabis in Australia appears to be strong and poised for sustained upward momentum.

New Zealand Cannabis Market

New Zealand’s medical cannabis supply has surged in recent years with THC-dominant products now making up the majority of prescriptions. The country’s cannabis industry – including the potential adult-use market – could be worth more than $1.5 billion.