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The European Cannabis Report™ 4th Edition available for download now

UK Medicinal Cannabis Use Hampered by Lack of Doctor Training – Davos Report

Cannabis Europa to unlock medical cannabis in France

Greek market yet to deliver as cannabis firms remain stuck in the weeds

Prohibition Partners recruit french regulatory advisor as tides turn on french cannabis debate

Issue 83 of the International Cannabis Weekly out now

The Cannabis World Map

Click each continent to view key statistics on healthcare, market size and more

Europe

Latin America

North America

Oceania

Africa

Asia

Latin America

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Europe shows all the potential to be the largest cannabis market in the world, worth a potential €123bn. With a shift in political and public attitudes steadily favouring decriminalisation and regulation, Europe’s cannabis market has been building momentum over the last 12 months. Potential rewards are balanced by the scale of complexity in navigating each country’s unique legal framework.

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Population

743M

GDP(€)

16.6T

Total Healthcare Expenditure(€)

2.3T

Average black market price per gram(€)

8.33

Estimated current number of cannabis users

89M

Estimated total cannabis market by 2028(€)

123B

Estimated cannabis medical market by 2028(€)

58B

Estimated recreational cannabis market 2028(€)

65B

The legal cannabis market in Latin America is one of the fastest growing of its kind in the world. The value of the legal market is expected to be worth over $12 billion by 2028. Over ten countries in the region have legalised medical cannabis, and three have further decriminalised personal use.

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Population

650M

GDP (US$)

5.3T

Total healthcare expenditure (US$)

354B

Total pharmaceutical expenditure 2016 (US$)

117B

Estimated current number of cannabis users

35.1M

Estimated cannabis market by 2028 (US$)

12.7B

Estimated number of cannabis users by 2028

37.5M

Estimated cannabis market value 2028 (US$).

8.5B

Estimated medical cannabis market value 2028 (US$).

8.5B

Estimated recreational cannabis market value 2028 (US$).

4.2B

Australia legalised medical cannabis in October 2016. Three years later, local players are positioning to become major international players in the cultivation, manufacturing and distribution sectors. Elsewhere in the region, New Zealand is setting up for a referendum on legal cannabis by 2020 and Oceanic islands have begun to adopt progressive medical cannabis legislation.

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Population

40.9M

GDP (US$)

1.6T

Total current healthcare expenditure (US$)

104.5B

Total pharmaceutical expenditure 2016 (US$)

23.94B

Estimated current number of cannabis users

3.1M

Estimated total legal cannabis market by 2028 (US$)

8.7B

Estimated cannabis medical market value 2028 (US$)

2.5B

Estimated recreational medical market value 2028 (US$)

6.2B

Asia has some of the world’s strictest laws on cannabis use and cultivation, but several countries are considering steps to legalise medical cannabis. Policymakers in Thailand, Korea and the Philippines are currently studying the medical cannabis market and the region shows incredible long-term prospects because of rising levels of education and rapidly expanding middle income populations.

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Population

4.4B

GDP (US$)

28.2T

Total current healthcare expenditure (US$)

517B

Average black market price per gram

Coming soon

Estimated total number of cannabis users

Coming soon

Estimated medical cannabis market value 2028 (US$).

Coming soon

Estimated recreational cannabis market value 2028 (US$).

Coming soon

South Africa’s highest court legalised the use of cannabis by adults in private places in 2018 and the market for cannabis related products is expected to grow over the next decade. The natural climates of countries like Lesotho have encouraged the growing and exporting of medical marijuana - Zimbabwe and Malawi are also poised to become cultivation hubs. Restricted access medical cannabis for patients remains an issue in most parts of the continent, however.

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Population

1.2B

GDP (US$)

2.2T

Total healthcare expenditure (US$)

140B

Total pharmaceutical expenditure 2015 (US$)

21B

Average black market price per gram

Coming soon

Estimated total number of cannabis users

Coming soon

Estimated medical cannabis market value 2028 (US$ ).

Coming soon

Estimated recreational cannabis market value 2028 (US$ ).

Coming soon

The US legal cannabis market was worth over $10 billion in 2018 and will continue to grow at an accelerated rate over the next decade but short-term market value will be stifled by fragmented local legislation. To the north, Canada has become the clear global leader in the legal cannabis market after becoming the first G7 country to legalise recreational cannabis.

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Population

365M

GDP (US$)

21T

Total current healthcare expenditure (US$)

3.5B

Total current pharmaceutical expenditure 2016 (US$)

460B

Average black market price per gram

Coming soon

Estimated total number of cannabis users

Coming soon

Estimated medical cannabis market value 2028 (US$).

Coming soon

Estimated recreational cannabis market value 2028 (US$).

Coming soon

Latin America Europe Oceania Asia North America Africa

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Prohibition Partners was founded in 2017 with a mission to open up the international cannabis industry through reliable data and intelligence.

Within two years, we have become the world’s leading provider of market insights and strategic consultancy for this emerging frontier. We firmly believe that data, insights and education will unlock the societal and commercial potential of cannabis.

Our research and content teams routinely share the latest legislative developments and key trends in the industry - information that is regularly cited by political leaders, investment banks and Fortune 500 companies.

Our consultancy team works with investors, operators and regulators to identify and execute opportunities across multiple jurisdictions. We advise our private clients on licensing, regulatory and business opportunities.

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ARE YOU READY TO EXPLORE OPPORTUNITY IN THE CANNABIS INDUSTRY?

News + Insights

View All

20 | 02 | 2019

Greece’s government has been busy approving the first wave of licences for companies wanting to grow medicinal cannabis in the Hellenic Republic, but no business has yet acquired all three...

Greek market yet to deliver as cannabis firms remain stuck in the weeds

15 | 02 | 2019

ECH, Grow Biotech and IPS Specials have created a historic milestone by importing the first bulk shipment of cannabis-based medicine to the UK, since the Home Office legalised medical cannabis...

ECH, Grow and IPS create historic milestone as first cannabis-based medical shipment arrives for UK patients

31 | 01 | 2019

United Kingdom

UK medicinal cannabis use hampered by lack of doctor training

Read

21 | 12 | 2018

France

Cannabis Europa to unlock medical cannabis in France

Read

01 | 12 | 2018

United Kingdom

Medical cannabis is now legal in the UK, but what can we expect?

Read

International Cannabis
Weekly

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15 | 02 | 2019

Issue

83

ECH create history as the UK’s first bulk shipment of medical cannabis is completed as...

08 | 02 | 2019

Issue

82

A Malta MEP calls for a common EU legislative framework for medical cannabis, while Austria...

01 | 02 | 2019

Issue

81

World Health Organization recommends rescheduling cannabis, Israel approves medical cannabis exports and a new Russian...

25 | 01 | 2019

Issue

80

Growing patient numbers in Europe point to mainstream medical cannabis use. Cannabis executives and politicians...

Press

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Grow Biotech, ECH and IPS Specials facilitate first batch of medical cannabis to UK for multiple patients

Growing Patient Numbers Point to Mainstream Medicinal Cannabis Use – Davos Report

For press inquiries, please contact us at media@prohibitionpartners.com.

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@prohibition_p

02.21.19

The Greek government has been busy approving the first wave of licences for companies wanting to grow medical cannabis in the Hellenic Republic. Despite this, no firm holds the necessary permits to begin cultivation...

https://t.co/3mxopgggyK

Reply on Twitter Retweet on Twitter2 Like on Twitter7

02.20.19

Stephen Murphy from @prohibition_p talking at @cassbusiness reveal that their African Cannabis Report is coming soon! (Hope that info isn't embargoed)

Reply on Twitter Retweet on Twitter2 Like on Twitter3

02.20.19

Our Co-Founder, Stephen Murphy, is heading to @CityUniLondon tonight to speak to @cassbusiness students at the first student-led cannabis conference.

Come down and say hi if you are interested in learning more about the UK cannabis industry: https://t.co/hjfQqEe9sI

Reply on Twitter Retweet on Twitter2 Like on Twitter4

Advancing the global cannabis industry

The foremost source of independent data, intelligence and strategy for the cannabis industry.

The European Cannabis Report™ 4th Edition available for download now

UK Medicinal Cannabis Use Hampered by Lack of Doctor Training – Davos Report

Cannabis Europa to unlock medical cannabis in France

Greek market yet to deliver as cannabis firms remain stuck in the weeds

Prohibition Partners recruit french regulatory advisor as tides turn on french cannabis debate

Issue 83 of the International Cannabis Weekly out now

The Cannabis World Map

Latin America

Close Map X

About Us

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Our Services

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ARE YOU READY TO EXPLORE OPPORTUNITY IN THE CANNABIS INDUSTRY?

News + Insights

20 | 02 | 2019

15 | 02 | 2019

31 | 01 | 2019

United Kingdom

UK medicinal cannabis use hampered by lack of doctor training

Read

21 | 12 | 2018

France

Cannabis Europa to unlock medical cannabis in France

Read

01 | 12 | 2018

United Kingdom

Medical cannabis is now legal in the UK, but what can we expect?

Read

International CannabisWeekly

15 | 02 | 2019

Issue

83

08 | 02 | 2019

Issue

82

01 | 02 | 2019

Issue

81

25 | 01 | 2019

Issue

80

Press

Grow Biotech, ECH and IPS Specials facilitate first batch of medical cannabis to UK for multiple patients

Growing Patient Numbers Point to Mainstream Medicinal Cannabis Use – Davos Report

For press inquiries, please contact us at media@prohibitionpartners.com.

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intelligence

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on the cannabis market

International Cannabis
Weekly