Prohibition Partners are proud to launch The Global Cannabis Report: 3rd Edition. This report provides an overview of the development of cannabis markets at the international level and considers how they might develop in the near future. In addition to the main report, Prohibition Partners have market sizing and real-world data available, and an exclusive, free-to-download, 20-page report on the African cannabis market.
The report is split into three key sections:
- An overview of the major trends across the globe, exploring legalisation, supply chains, social impact and finance
- A deeper look at cannabis on each continent
- Interviews with industry experts in key areas of the global market
Trends
Alongside promising market forecasts, 2022 has been a huge year for the ongoing progress of sensible drug policy. Legalisation of adult-use cannabis in several more countries will soon be a reality, with countries like Germany and Columbia announcing their plans. It has however been a tough year for cannabis businesses, with the continued fallout from the COVID pandemic and Russia-Ukraine war. Up to October 2022, capital raises are down over 65% from 2021 levels and M&A volumes are down 80%
The Global Cannabis Report: 3rd Edition explores these key trends and more across the globe, focusing in on;
- Legalisation
- The evolution of the adult-use supply chain
- Social Issues
- Finance
Continent by Continent
A deep dive into the cannabis markets within each of the following continents:
North America (USA & Canada)
Due to it being the most mature cannabis market in the world, the North American cannabis landscape is a realistic prediction about what the future could hold for other regions around the world who are just starting to reappraise decades of ill-informed drug policies. With high sales volume, lower margins, lower prices, new legislation, excess inventory and copious M&A deals, we are seeing a maturation of the North American cannabis industry, as of late 2022.
Europe
As of 2022, the majority of people living in Europe now live in countries who have some form of access to unlicensed medical cannabis products (e.g. flower and oil). However, the reality remains that most find it impossible to reach, either because of bureaucratic or economic hurdles. Only a few countries have really begun to open up access to legal cannabis medications for their domestic patient population while only a few have gone as far as legalizing adult-use cannabis.
Latin America
Asia is on the cusp of a cannabis revolution. Whilst regulatory challenges and varying legislative laws remain complex, and are likely to overshadow certain commercial opportunities and mass adoption, the industry at large is on the move. With shifting public perceptions and more stakeholders, government units and businesses are starting to recognise the potential of the cannabis industry.
Asia
Asia is on the cusp of a cannabis revolution. Whilst regulatory challenges and varying legislative laws remain complex and are likely to overshadow certain commercial opportunities and mass adoption, the industry at large is on the move. With shifting public perceptions and more stakeholders, government units and businesses are starting to recognise the potential of the cannabis industry.
Oceania
Medical cannabis is progressing at pace in the two most populous countries of Oceania, namely Australia and New Zealand. Alongside this, decriminalisation and legalisation of adult-use cannabis is progressing on other Pacific islands like Guam and the Northern Mariana Islands. On the latter islands, an adult-use industry is currently being developed, with licensed dispensaries and consumption lounges, which are unique on the continent.
Expert Interviews
As well as exclusive data and analytics, The Global Cannabis Report: 3rd Edition brings readers interviews with thought leaders from across the global cannabis industry, providing personal experience and insights from some of the brightest minds in the industry.
Interviews in this report include;
- Oren Lebovitch, The Israeli Cannabis Magazine
- Patrick McCartan, Regennabis
- Crystal Millican, Cookies
Additional Insights
As well as the free-to-download version of The Global Cannabis Report: 3rd Edition, we will also send you a free copy of The African Cannabis Market Overview 2022. There are also Premium Packages available that provide additional specialist information and data analytics to help connect with the industry, make smarter decisions, maximise marketing impact and improve business performance
Explore additional insights here.
Thank you Sponsors
We’d like to take this opportunity to say a massive thank you to our sponsors for supporting The Global Cannabis Report: 3rd Edition, and for their commitment to developing the global industry.