January 2, 2020

Cannabis Legalization Likelihood Index developed by LTPlabs

LTPlabs featured on CBD Intel

Cannabis Legalization Likelihood Index developed by LTPlabs

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Our
AI-generated
summary

LTPlabs, featured on CBD Intel, developed a Cannabis Legalization Likelihood Index to identify countries most likely to legalize cannabis for adult and recreational use. The index evaluates factors like economic development, media buzz, legal frameworks, and political contexts. The analysis highlights countries in Africa and Asia (except the Bahamas) as least likely to legalize cannabis. CBD Intel noted the algorithm’s adaptability for predicting regulatory changes in areas like tobacco control, euthanasia, and abortion. The work was first publicized by the Portuguese newspaper PÚBLICO.

Our AI-generated summary

Our AI-generated summary

Which countries are more likely to legalize cannabis for adult and for recreational use?

LTPlabs was featured on CBD Intel, a Regulatory and Market Intelligence outlet for the CBD Sector. The focus of the piece was the Cannabis Legalization Likelihood Index, developed by LTPlabs and first broadcasted by Portuguese newspaper PÚBLICO.

Our AI-generated summary

LTPlabs’ algorithm identifies which countries are more likely to legalize cannabis for adult and for recreational use, according to several drivers, such as Economic and Human Development, Media Buzz, Legal Framework, Political Context, amongst others.

Our AI-generated summary

The scope of CBD Intel’s piece focused not only on understanding which the key drivers were, but also which countries would be least likely to legalize cannabis (those located in Africa or Asia, excluding the Bahamas). CBD Intel has also come to the conclusion that this algorithm can be adapted to predict regulatory change “in areas as varied as tobacco control, euthanasia and abortion”.

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