The objective of the biennial Australian Industrial Hemp Conference is to serve as a national platform for growers, researchers, processors and end-market buyers. Industry participants attend the conference to present and discuss concepts, key issues, hot topics and the latest findings in growing, producing, and the marketing of all types of industrial hemp products.
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Session title: Medicinal cannabis market in Australia
Session description: Since the legalization of medical cannabis in Australia in 2016, the local market has continued to experience strong growth, with an estimated market value of AUD 200 million in 2021. Moreover, the rapidly growing overseas markets, especially in Europe, have presented export opportunities for the Australian cannabis industry.
From our proprietary data on 20 global markets, this presentation will give an overview of the global market size of medicinal cannabis, covering Australia and other major markets. It will also cover shares of value sales by different formats, new product developments as well as sales by cannabinoids. This will be followed by a brief mention of how Euromonitor International’s surveys are shedding light into key perceptions, concerns and patterns as we explore future opportunities and growth.
Session date and time: 23 March 2022, 1:45 PM – 3:30 PM
Speaker name and title: Maria Adel, Research Analyst
Link to event program page here.
