Cannabis laws all over the world are changing rapidly, and 2022 will be no different. In fact, there are some predictions on where the cannabis laws and markets will be heading. Keep reading as we review what’s on the horizon, break down where marijuana is legal in various parts of the world and hit some of the latest global cannabis legalization news.
Canada’s Historic Recreational Nationwide Cannabis Legislation
In Canada, they passed the Cannabis Act on October 17th, 2018, which allows for recreational use of cannabis products to adults over the age of 18. The act has three main principles which help regulate the implementation of the change:
- The first goal is to keep cannabis out of the hands of youth.
- The second goal is to keep profits out of the pockets of criminals.
- The third goal is to protect public health and safety by allowing adults access to legal cannabis.
Marijuana Laws in the United States
In the United States, regulation of the laws of cannabis use is up to the discretion of each state and territory. Thirty-six states and four territories have legalized the use of cannabis for medical purposes as of May 18th, 2021.
Mississippi’s voters approved the medical use of marijuana in November 2020, but the state supreme court overturned it on May 14, 2021. Twenty-eight states, two territories, and the District of Columbia have enacted legislation to regulate cannabis for nonmedical purposes as of November 29, 2021. The new legislation brings the total number of states that have regulated nonmedical cannabis to eighteen, plus two territories and the District of Columbia.
There are 36 states, the District of Columbia, Guam, Puerto Rico, and the US Virgin Islands, with public medical marijuana/cannabis programs. Eleven states have approved measures allowing the use of “low-tetrahydrocannabinol (THC), high-cannabidiol (CBD)” products for medical reasons in limited circumstances or as a legal defence. At the federal level, cannabis is still considered a felony offence, but the Department of Justice has previously stated that it will defer to the state to enforce its own laws.
50 Countries Around the World Have Medical Marijuana Programs
- Argentina
- Australia
- Barbados
- Brazil
- Canada
- Chile
- Colombia
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Ecuador
- Finland
- Germany
- Greece
- Ireland
- Israel
- Italy
- Jamaica
- Lebanon
- Lithuania
- Lesotho
- Luxembourg
- Malawi
- Malta
- Mexico
- Morocco
- Netherlands
- New Zealand
- North Macedonia
- Norway
- Panama
- Peru
- Poland
- Portugal
- Rwanda
- Romania
- Poland
- Romania
- Saint Vincent and the Grenadines
- San Marino
- Sri Lanka
- Switzerland
- Thailand
- Turkey
- United Kingdom
- Uruguay
- Vanuatu
- Zambia
- Zimbabwe
This list is growing fast and in 2022, we will see numerous new countries trying to cash in on the cannabis industry. With more countries producing and manufacturing cannabis products, we will see the cannabis sector of the market all over the world skyrocket. Countries all over the world are now seeing not only the medical benefits of cannabis but also the huge potential in monetary gains for not just the cannabusiness companies large and small, but even governments as well. It’s just a matter of time before everyone can get the magical benefits of cannabis.
New Developments and Opportunities on the Horizon for Cannapreneurs
With so many markets opening up into the cannabis product world, where will the future lead this amazing weed movement? According to MJBiz CEO Chris Walsh, he predicts that there will be at least four new states that will legalize marijuana soon.
Also in 2022, the mergers and acquisitions area of the cannabis market is poised to cross borders and explode. You can read more about this topic in detail, which covers companies and collaborations that are already taking place with only huge room for growth, here at this link.
There are large Canadian cannabis companies like Canopy Growth Cooperation already working with companies in the United States like Corona beverage makers for future cannabis-infused drinks.
Also predicted for 2022 are large new cannabis markets starting out of Africa. It is an almost untapped market thus far besides the handful listed above. Morocco most recently joined the list in 2021. Other African countries have marijuana in their sights for passing new and improved medical marijuana laws.
Where to Buy Cannabis Products and CBD?
So now that recreational cannabis products are available in Canada, where is the best place to buy them safely? Naked Cannabis has a very secure weed eCommerce platform that is very easy to use and navigate. When making a purchase, if there are any questions, there is a help button on every page. Our online dispensary also offers a lot of promotions and discounts, which makes Naked Cannabis even more attractive when trying to buy cannabis and CBD products online.
Right now, there is a 20% discount on first-time purchases. Naked Cannabis also has a friend’s referral system where if someone signs up, both you and the friend get $40 for purchases.
Feeling lucky? Naked Cannabis also has a weekly raffle where four winners get $750 towards amazing cannabis products like flowers, edibles, concentrates, CBD, and vapes. Check the site often as there are frequent discounts on flowers and cannabis products. If you’re interested in learning more about the cannabis industry, current cannabis news, and trends, then you can head over to our blog section, where there is helpful information on everything cannabis.
