Cannabis Market News and Legislation Updates

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.

Updated: March 23, 2026

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.

Updated: March 17, 2026

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.

Updated: March 13, 2026

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 […]

Updated: March 10, 2026

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.

Updated: March 10, 2026

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.

Updated: March 9, 2026

Cannabis Legality by State

Is cannabis legal in the United States of America? Although the use of cannabis is illegal under the federal law […]

Updated: March 8, 2026

Cannabis Legalization in the U.S.

Cannabis legalization in the US began in 1973 when Oregon became the first state to decriminalize cannabis, then in 1996 […]

Updated: March 7, 2026

California Cannabis Market

California is the world’s largest cannabis market and consistently accounts for the largest share of legal cannabis sales in the US. With legal cannabis consumption volumes surging by more than 50% between 2020 and 2025, demand remains robust amid significant price compression.

Updated: March 7, 2026