In 2022, Euromonitor researched the Japanese cannabis market for the first time. While only in its initial stages, there are high growth opportunities, particularly among health-conscious Japanese consumers, given inherent demand for better sleep and pain relief.
CBD + Hemp have been a big topic in recent years and especially lately as the industry keeps up with legislations and looks to further regulate the market. It is important to be on top of the latest news and come together to move forward and grow within the industry.
The US dominates the global cannabis market, generating 81% total value share in 2021. At the same time, European countries account for 8% share of worldwide value following Canada with 9%. Poland is responsible for an 8% value share of European countries; adult-use is prohibited by law, medical cannabis is only legal with a prescription, while CBD is freely available.
As the first cracks appear in the pan-European prohibitionary edifice, Germany is about to embark on a legalisation journey of seismic proportions and far-reaching ripple effects. Could this be the catalyst that will ultimately shift the green limelight onto European markets?
In this podcast, Shane MacGuill, Euromonitor International’s Global Lead for Nicotine & Cannabis discusses the drivers of environmental sustainability regulation in tobacco and cannabis industries, its role and implications on businesses and consumers.
The US and Canada are arguably the most important markets in cannabis. Knowing each regions' regulatory, attitudinal, and market developments towards medical and recreational cannabis is critical to finding opportunity and understanding the future of one of the most exciting, high-growth industries. This article highlights key trends for the US and Canada drawn from Euromonitor's comprehensive cannabis reports that cover each market.
From Mexico to Berlin and from Barcelona to Thailand, Canada will be essential not as a flower exporter but as an exporter of cannabis expertise, insights and know-how for a world finally getting ready to embrace change.
WT Europe is an exhibition of suppliers and thousands of tobacco professionals from across the region. WT Europe offers an essential networking platform as the industry comes together to navigate opportunities and challenges in 2022 and beyond.