More than half of Europeans support cannabis legalization - report
The European cannabis market is expected to cross 3 billion euros ($3.27 billion) in annual revenue by 2025, up from about 400 million euros last year
Reuters (UK)
Thursday, April 7, 2022
Thursday, April 7, 2022
More than half of the European population support legalization of adult use of cannabis and around 30% of them are interested in purchasing it, according to polling data by industry consultants. Europe's liberal approach could reap multiple financial and economic benefits as seen in the United States, which has witnessed a surge in cannabis use during pandemic-induced lockdowns. While majority of Europeans support regulated cannabis shops, most do not favor growing the plant at home, according to the report by London-based consultancy Hanway and pot producer Curaleaf International. The report comes a week after the U.S. House of Representatives passed a bill to end the federal ban on marijuana.
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