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Cannabis Europa to unlock medical cannabis in France

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

Canada makes history as first G7 country to fully legalize cannabis

Issue 78 of the International Cannabis Weekly out now

Issue 77 of the International Cannabis Weekly out now

The Oceania Cannabis Report™ available for download now

The Cannabis World Map

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Europe

Latin America

North America

Oceania

Africa

Asia

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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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Founded in 2017, Prohibition Partners was established with a mission to provide cutting edge information and business intelligence on the international cannabis industry. Our team provide data, insights and strategic consultancy for this emerging frontier. We work with regulators, entrepreneurs and investors to identify and execute opportunities in the international cannabis market. At Prohibition Partners, we believe that data, insights and education will unlock the societal and commercial potential of cannabis.

We specialise in explaining the latest legislative developments and key industry trends in the cannabis industry - our research has been cited by political leaders, Fortune 500 companies, entrepreneurs and investors. Our advisors will help you understand the cannabis industry and its increasingly segmented sectors through authoritative research and unique strategic advice on licensing, regulatory and business opportunities.

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21 | 12 | 2018

Following a string of key developments in 2018, France has begun reviewing their existing conservative cannabis policy by establishing a committee to review the legal status of the medical cannabis...

Cannabis Europa to unlock medical cannabis in France

01 | 12 | 2018

Medical cannabis is officially available in the UK today via prescription and millions of patients, who suffer from registered conditions that can be treated with cannabis, could qualify for treatment.

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

29 | 11 | 2018

Spain

Prohibition Partners expands European presence in Spain’s cannabis capital

Read

26 | 10 | 2018

Oceania

Oceania’s cannabis industry poised to take on the global market

Read

17 | 10 | 2018

Canada

Canada makes history as first G7 country to fully legalize cannabis

Read

International Cannabis
Weekly

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18 | 01 | 2019

Issue

79

Medical cannabis goes on sale in Poland, portuguese parties propose the legalisation of recreational cannabis, Luxembourg explores...

11 | 01 | 2019

Issue

78

German startup pilots blockchain prescription service for medical cannabis, MPs criticise NHS over an inability...

08 | 01 | 2019

Issue

77

Israeli lawmakers approve legislation to export medical cannabis, Saint Vincent and the Grenadines decriminalise cannabis...

21 | 12 | 2018

Issue

76

Trump signs US Farm Bill legalising hemp, AB InBev partners with Tilray and Uruguay ramps...

Press

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The Oceania Cannabis Report™ Projects Regional Cannabis Industry Estimated to be Worth AUD $12.3 Billion by 2028

LATAM Legal Cannabis Industry set to be worth over $12.7 billion by 2028

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

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01.22.19

Luxembourg is looking to Canadian authorities for advice on legalising recreational cannabis after a two-stage approach had been mooted that would first seek to decriminalise the possession of recreational cannabis before full legalisation
https://t.co/mD7Sd6MAiP

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01.21.19

The Academy of Medical Cannabis operates globally to educate doctors about medical cannabis https://t.co/nIn3vQb3AQ

Reply on Twitter Retweet on Twitter13 Like on Twitter16

01.19.19

We have a fantastic team on our conference business and a world-class group of industry leaders will be speaking at our first Paris event in February. Tickets are moving fast... https://t.co/74vY0rZTyr

Reply on Twitter Retweet on Twitter2 Like on Twitter4

Advancing the global cannabis industry

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

Cannabis Europa to unlock medical cannabis in France

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

Canada makes history as first G7 country to fully legalize cannabis

Issue 78 of the International Cannabis Weekly out now

Issue 77 of the International Cannabis Weekly out now

The Oceania Cannabis Report™ available for download now

The Cannabis World Map

Latin America

Close Map X

About Us

Reports

Our Services

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ARE YOU READY TO EXPLORE OPPORTUNITY IN THE CANNABIS INDUSTRY?

News + Insights

21 | 12 | 2018

01 | 12 | 2018

29 | 11 | 2018

Spain

Prohibition Partners expands European presence in Spain’s cannabis capital

Read

26 | 10 | 2018

Oceania

Oceania’s cannabis industry poised to take on the global market

Read

17 | 10 | 2018

Canada

Canada makes history as first G7 country to fully legalize cannabis

Read

International CannabisWeekly

18 | 01 | 2019

Issue

79

11 | 01 | 2019

Issue

78

08 | 01 | 2019

Issue

77

21 | 12 | 2018

Issue

76

Press

The Oceania Cannabis Report™ Projects Regional Cannabis Industry Estimated to be Worth AUD $12.3 Billion by 2028

LATAM Legal Cannabis Industry set to be worth over $12.7 billion by 2028

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

We work with

What we're saying

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intelligence

Market Insight

on the cannabis market

International Cannabis
Weekly