Cannabis

Poland is strategically important country for cannabis production development. On the one hand, it is one of the leading markets by GDP per capita and population in Eastern Europe. On the other hand, Poland is a member of the EU and neighbouring ...

The Swiss economy will recover after the recession in 2020. As the population continues to rise slowly and is steadily ageing, the expected growth of disposable income and expenditure on health goods over the forecast period will create a positive ...

Colombia has a bad reputation in terms of drug trafficking but has made enormous strides towards the implementation of a well-regulated cannabis industry. After legalising medical use and creating a legal framework for licensed production, the ...

Australian regulations allow cannabis products for medicinal and research purposes only. Medical cannabis continues to gain momentum in the country, as more companies enter, prices fall and patients increase usage. In 2021, CBD products will likely ...

The Netherlands has a long history when it comes to cannabis. If one takes into account both the illicit and legal production and sales, the Netherlands is a very well developed, somewhat saturated market with many long-time, advanced users of ...

Cannabis culture in Chile is more developed that other countries in Latin America. After decriminalisation in 2016, the country has seen an explosion in grow shops and home growing to access high-quality and safe products for both recreational and ...

The Czech Republic has high acceptance of cannabis, and a long-standing tradition of cannabis cultivation and usage. Cannabis legislation has been an issue in the country since the 1990s, when there was an early attempt to legalise cannabis. ...

Discussions about the decriminalisation of cannabis use started to gather pace from 2015 in Greece when the left-leaning Syriza party won the election, and acknowledged the failure of a repressive anti-drug policy to tackle drug use and supported the...

Israel has one of the highest volumes of consumption especially for Medical Cannabis in the world following the highest consumers; the US, Germany, Canada and Brazil. Due to the large consumer base of medical cannabis in Israel, who at times struggle...

Mexico’s population of 126 million has large implications for the global potential cannabis market, with the potential to become the first or second largest cannabis market. The potential marijuana market would be driven in large part by the youngest...

The cannabis market in France is estimated to be valued at EUR5.1 billion in 2020. This includes the estimated sales of illicit cannabis which represent over 95% of the total market. France is seen as one of the least developed countries in medical ...

The UK holds considerable promise as a cannabis market. Mainstream media coverage of the medical angle and dynamic CBD growth are helping to broaden interest. The economic impact of the Coronavirus pandemic is expected to drive increased political ...

Spain is a well-developed and sophisticated cannabis market with strong growth potential for adult-use and medical purposes and a professional cultivation model with a high level of expertise. However, the lack of political will to regulate cannabis ...

In the last two years Portugal witnessed a series of legislative changes around cannabis, with legalisation of its use for industrial and medical purposes. The latter resulted in large investments by external companies, with production centres and ...

Income inequality, high unemployment, political unrest, slowing population growth and restricted distribution are key factors influencing both consumer behaviour and the cannabis market in Brazil. What will effectively create a Brazilian cannabis ...

The Coronavirus pandemic has influenced the cannabis industry in that supply of medical cannabis is very much dependent on imports. After the legalisation of medical cannabis in 2017, the first national production is expected to deliver at the ...

The legal cannabis market saw strong gains in South Africa over the last three years as acceptance grew, usage increased and legalisation became formalised. However, due to decreasing disposable incomes and CBD products’ premium price offerings, ...

The growing use of medical cannabis and the boom in recent years in the development and opening of specialised shops for the sale of CBD make Italy a promising market for cannabis. However, the regulatory framework for cannabis is complex and recent ...

Canada’s economy will experience a sharp recession in 2020. Real GDP will decline by 8% in 2020. Canada’s economy will begin to recover in 2021, but the pandemic crisis will have long term impacts. However, the cannabis industry will continue ...

Relative economic and political stability in the US have fostered an environment favourable to cannabis and its growth. 2019 saw low levels of unemployment and wage growth for most Americans which led to greater uptake of legal cannabis. The US’s ...