ICBC Barcelona: Mitigating Uncertainty in Legal Cannabis
Shane MacGuill
This year’s ICBC Barcelona took place in March, in the shadow of uncertainty. The legal cannabis industry has been struggling against several headwinds – lack of regulatory momentum, continued consumer ambiguity and capital constraints – which are collectively clouding the outlook for operators in one of the world’s youngest consumer sectors.
Key Trends for Cannabis in Japan: Law Amendments and New Opportunities in CBD Market
Aya Suzuki
Euromonitor International’s latest research in 2023 reveals a staggering growth in the Japan’s cannabis market over the past four years, expanding approximately sixfold from JPY4 billion (USD26.3 million) in 2019 to JPY24 billion (USD173.8 million) in 2023. This surge is attributed to the rising demand for products offering relaxation, sleep improvement, and stress relief.
Classifying Emerging Cannabis Markets
Erwin Henriquez
Cannabis has emerged as one of the fastest-growing industries globally. With the legalisation of cannabis spreading across countries, the industry is expected to experience exponential growth over the next few years. In our Emerging Cannabis Markets: A Taxonomy report, we build a classification for all emerging cannabis markets/countries that allows us to understand better the market context, capabilities, and opportunities on both the domestic and global stage.
World Tobacco Asia 2023
Adhitya Nugroho
We are proud to be a part of #WTAsia2023, the only Asian tobacco event designed specifically for the next generation of smokers on 21-22 September 2023 in Surabaya, Indonesia.
InterTabac 2023
Raphael Moreau
At the trade fair duo InterTabac and InterSupply from 14th. to 16th September 16, 2023, trade visitors meet top decision-makers from retail, manufacturing and the service sector.
Key Regulatory Dynamics Shaping Nicotine and Cannabis
Shane MacGuill
The impact of regulation across both the tobacco and the cannabis industries is immense, with the former experiencing ever-tightening frameworks, often even on newer, perceived less harmful forms of consumption, and the latter going through a period of rapid, if uneven, liberalisation. This theme examines the key elements of regulatory mechanics in each industry, analysing where one may influence the other in the longer term.
Six Key Cannabis Innovation Trends
Shane MacGuill
The legal cannabis industry, in both adult-use and CBD, is rapidly evolving. Here we outline six of the key trends in new product developments which brand owners are addressing in global recreational and CBD markets.
The Cannabis Review: Capturing the Past, Present and Future of Legal Cannabis
Shane MacGuill
Euromonitor International's Shane MacGuill, Head of Nicotine and Cannabis research, spoke recently to leading independent podcast The Cannabis Review about how we developed our research and analysis on the emerging legal cannabinoid space, how it interacts with other CPG industries and the future evolution of the European market.
Key Trends for Cannabis in Czech Republic: New Opportunities in 2023
Shane MacGuill
The global market for legalised cannabis was worth USD41 billion in 2022 and is projected to generate USD100 billion by 2027, according to Euromonitor International. Due to its small customer base, the Czech Republic accounts for just 0.1% of the total worth of European value.