Emerging European Cannabis Market and Its Impact on Global Dynamics

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Summary

The adult-use cannabis market in the United States was valued at $17 billion last year, with 24 states actively participating. European nations have overcome regulatory barriers by framing cannabis legalization for scientific research purposes. Switzerland, the Netherlands, and Germany are utilizing pilot projects to investigate the impact of legal commercial supply chains for adult-use cannabis. On the other hand, the second model involves limited and tightly controlled supply chains that function within a specific time frame. Despite remaining fragmented and heavily regulated, two distinct models for adult-use legalization can be observed across the region.

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The adult-use cannabis market in the United States was valued at $17 billion last year, with 24 states actively participating. The market is expected to continue growing as more states convert their medical use regulations to allow adult use of cannabis. However, recent advancements are shifting focus towards Europe, where several countries are preparing to launch their own adult-use markets. 

European nations have overcome regulatory barriers by framing cannabis legalization for scientific research purposes. Switzerland, the Netherlands, and Germany are utilizing pilot projects to investigate the impact of legal commercial...

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