Cannabis

Growing concerns about the availability of medical cannabis in Italy to allow continuity of treatment for patients in recent years, as well as the increasing number of users, have prompted the Italian Ministry of Health to take several steps to…

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. While there is a legal framework for medical cannabis…

Argentina’s economy is projected to grow at a moderate pace in 2022, however the economy continues to show macroeconomic imbalances. Around one third of the population is currently living in poverty, resulting in an increase in unemployment and…

The cannabis market in Canada continues to thrive with legal sales reaching CAD4.2 billion in 2021. The market is primarily being driven by adult-use cannabis as a result of a growing user base, including the continued shift from illicit to legal…

Switzerland is one of Europe’s most well-developed cannabis markets with an expanding medical cannabis segment and a CBD category fuelled by its relatively liberal regulatory framework and a wellness-orientated population with high disposable income.…

Japan is one of the promising CBD markets globally. Growth is expected, supported by the amendment of the Cannabis Control Act in 2023, which also includes the legalisation of medical cannabis. Although the details of the amendment are unclear as of…

Cannabis culture in Chile is at an intermediate stage of development compared to 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…

This report analyses the market for cannabis in the US. For the purposes of the study, the market has been defined as follows:

The cannabis market in France is estimated at EUR5.6 billion in 2022. This includes estimated sales of illicit cannabis which represent more than 90% of the total market. With Emmanuel Macron's re-election to the presidency in May 2022, the…

Belgium is still a developing and rapidly growing market regarding the consumption of CBD products. CBD oil is the most popular way to consume CBD in Belgium and the category still has much potential.

Poland is a strategically important cannabis market. On the one hand, it is one of the leading markets by population in Eastern Europe. On the other hand, Poland is a member of the European Union and neighbouring country to the Eurasian Economic…

The UK continues to be the largest CBD market in Europe. However, the pandemic’s economic effect on disposable incomes has hindered current value growth potential. Yet, the market’s nascence has meant it remains in double-digit growth. With Germany…

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 at legalisation. Currently…

Cannabis sales in the Netherlands are dominated by CBD sales, which makes up the bulk of the market. CBD has been driven by an increasing demand for potent, natural remedies that can be used to treat a wide variety of symptoms. Consumers lead…

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…

The legal cannabis market has continued to see strong growth on the back of the landmark judgement in 2018, which determined private use and consumption of cannabis as legal. Since then, consumers have increasingly accepted cannabis as a legitimate…

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…

The medical cannabis industry in Israel has been developing at a high pace in recent years. There is a wide selection of cannabis products produced in Israel and imported from abroad to treat and alleviate a wide range of health problems.

The last few years have been marked with recurring pressure towards the full legalisation of cannabis, and in 2021 this has not been different. With different proposals addressed to the parliament, a new resolution in favour of a full legalisation is…

CBD is currently the only legal channel of cannabis-derived products in the market and sees a notable grey market due to delays in authorisation from COFEPRIS, which is starting to accelerate to increase access to this market. The medical market…