International Cannabis Weekly: 16
October 19, 2017
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Business & Investment
- The medical cannabis market is predicted to grow by $50 billion at a CAGR of 17.1%.
- Tilray and Chronos Group, two of Canada’s biggest producers, are recognising the potential of Europe’s nascent legal cannabis market.
- Las Vegas’ Freedom Leaf Inc. have expanded into Europe with their acquisition of Spain’s Green Market Europe.
- Israel’s Syqe Medical are transforming medical cannabis prescriptions with their new inhaler.
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Regulations & Politics
- The new VolteFace report is ‘a compelling account of the consequences of leaving cannabis in the black market’.
- ReLeaf has called for the Maltese government to legalise and regulate cannabis in their new manifesto.
- Greek Deputy Minister for Agriculture, Yiannis Tsironis, has called for the legalisation of cannabis.
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Market Focus
SCANDINAVIAN ATTITUDES MUST CHANGE IF THEY ARE TO CAPITALISE ON THE LEGAL CANNABIS MARKET
There is currently a tide of cannabis reform sweeping throughout Europe, yet there is still a small number of states who have yet to make any effort on reform. This contrast in approach is reflected throughout Scandinavia – although there is still a long way to go before any of these countries become European forerunners.
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Canntech
Prohibition Partners will be joining global industry leaders to discuss the future of Cannabis at CannaTech London this October.
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