International Cannabis Weekly: 11

• Industry giants Tilray have raised €20 million to serve the EU medical cannabis market.
• Canadian supplier Canopy extend their European reach with a deal to supply cannabis seeds to Spanish pharmaceutical producer.
• Cannabis biotech companies are taking a leading stance in the global legal marketplace.
• In a rapidly growing market, these three cannabis stocks claim the fastest revenue growth.

• A new cannabis bill has been put forward in Australia that could resonate in the UK.
• Welsh MP, Paul Flynn, continues to push for UK cannabis reform.
• Israel continues to edge closer towards cannabis decriminalisation, with new ‘four strikes’ policy.

UK Could Still Dominate The European Legal Cannabis Market

Cannabis law reform has been a key talking point in British politics for many years. Yet, as the global attitude towards cannabis becomes more and more progressive, could the UK be left behind?

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Attitudes across Europe are changing fast and, although currently illegal, we believe there is a 60%-70% probability of widespread legalisation within the next 3-5 years.