Global Developments in Cannabis Legalization in 2023

LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy.

Germany’s Legislative Progress

Germany advanced toward legalizing cannabis for adult use, aiming to become the European Union’s largest economy to do so. Health Minister Karl Lauterbach unveiled an updated legalization plan in April, with legislative texts distributed to cabinet officials in May.

Luxembourg’s Policy Changes

Luxembourg legalized cannabis for personal use, becoming the second EU country after Malta to do so. This move is part of a broader trend toward cannabis reform in Europe.

Switzerland’s Pilot Projects

Switzerland initiated pilot projects to explore the impact of legal commercial supply chains for adult-use cannabis. These studies aim to inform future legalization efforts and provide benchmarks for other countries.

Ukraine’s Medical Cannabis Legalization

Amid ongoing conflict, Ukraine legalized medical cannabis on August 16, 2023. The law permits the cultivation of hemp for medical, industrial, and scientific purposes, addressing conditions such as cancer and post-traumatic stress disorders.

Global Market Projections

The global cannabis market is projected to reach nearly $61 billion in revenue in 2024, with expectations to grow to $103 billion by 2028. The European Union, with a population of approximately 448.4 million, represents a significant potential market, larger than the United States and Canada combined.

These developments indicate a growing international movement toward cannabis legalization, with various countries adopting policies tailored to their unique legal and cultural contexts.