Japan’s Cannabis Market Expanded Sixfold
Japan’s emerging cannabis industry expanded sixfold during four years spanning from 2019 to 2023 according to a new report by Euromonitor International. Japan’s emerging legal cannabis industry currently largely revolves around the buying and selling of CBD products.
In December 2023, Japan’s government lifted a long-time ban on cannabis-derived medications. The approved measure legalized imported, regulated cannabis-derived medical products in Japan.