The Asian Cannabis Report | Cannabis Markets

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The Asian Cannabis Report™

Asia, the world’s most populous continent, has a relatively low prevalence of cannabis use at just 2% annually.

However, this is the equivalent to an estimated 85.5 million people, making Asia a key market in the long-term expansion plans of producers, investors and operators.

As the historically conservative stance on cannabis begins to soften, the medical market alone could be worth as much as US$5.8 billion by 2024. The report explores:

Commercial and business opportunities in 7 key Asian markets

Legislation and recent regulatory changes across the region

Emerging trends, market forecasts and industry insights

Overview

Our first report on the Asian cannabis industry explores the intersection of government policy and research and the impact of international legislative developments on the region’s burgeoning cannabis industry. While some countries still take a draconian view and impose the death penalty for even minor drug misdemeanours, others, such as Myanmar, are working closely with the UN to change the approach of law en-forcement agencies to regard drugs as a public health issue rather than one for the criminal justice system.

As our report demonstrates, cannabis use is deeply rooted in some of the region’s ancient medical practices, and we expect to see medicinal cannabis gain favour ahead of any acceptance of recreational.

Asian Insights

Widesparead Use to Western-Style Prohibition
Protecting Intellectual Property
Softening Attitudes Towards Legalisation
Patient Protection

Market Overivew

South Asia
East Asia
SouthEast Asia
Western Asia
Central Asia

Legislation and Regulation

Pharmaceutical Cannabis
Medical Cannabis
Recreational Cannabis
CBD

As Trusted By

Insights

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