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The Seeds of Europe’s Adult-use Cannabis Market Are Sprouting Europe’s recreational cannabis market has overcome major regulatory hurdles in the last few years. The following year, the Czech Republic and German governments announced plans to develop a legal framework to establish a regulated market for recreational sales.
For example, by the year 2024, more than 1 million German patients will be able to get their hands on medicinal-grade cannabis. For example, by the year 2024, more than 1 million German patients will be able to get their hands on medicinal-grade cannabis. Cannovum AG is paving the way for other cannabis companies to follow suit.
Many states levy a marijuana excise tax in addition to the regular state sales tax. Adult-use retail sales: Purchases are not subject to any statewide cannabis tax, although some municipalities do charge a cannabis excise tax. There is no statewide retail sales tax in Alaska. Local municipalities may impose a local sales tax.
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