Latest Developments in Global Legal Marijuana Market

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Latest Developments in Global Legal Marijuana Market

  • Healthcare
  • Apr 2025
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In April 2025, the U.S. Supreme Court ruled against Medical Marijuana Inc., allowing a lawsuit under the Racketeer Influenced and Corrupt Organizations (RICO) Act to proceed. The case involves a truck driver who was terminated after consuming a CBD product that allegedly led to a positive drug test for THC, the psychoactive component of cannabis
  • In April 2025, the Netherlands expanded its state-run experiment to legalize cannabis sales, involving 80 coffeeshops across 10 municipalities. This initiative aims to establish a transparent and professional cannabis supply chain by allowing these shops to source marijuana from 10 licensed producers
  • In January 2025, New York's cannabis industry experienced significant growth, with state regulators projecting the number of licensed cannabis stores to increase from 275 to over 625 by 2025. In 2024, legal cannabis sales in the state surpassed USD840 million, with expectations to exceed USD 1.5 billion in sales by 2025
  • In May 2024, Thailand's legislature officially proposed allowing the licensed medical use of marijuana, positioning the country as a potential leader in Asia for legalizing cannabis for medicinal purposes