Portugal’s Cannabis Empire: the Heart of European Medical Cannabis Trade
In 2024, Portugal’s medical cannabis export industry has broken previous records and highlighted its potential. From 709 kg exported in 2019, the country is now expected to export over 25 tonnes in 2024, surpassing other European contenders like Denmark and Macedonia. This isn’t just explosive growth – it’s a calculated transformation built on three pillars: […]
New Zealand’s Medicinal Cannabis Advent: from Local Roots to Global Reach
In a remarkable display of agricultural and pharmaceutical innovation, New Zealand—a nation of just 5 million people—has transformed itself into a global pioneer of medicinal cannabis, achieving a staggering 14-fold increase in product demand since 2020 and demonstrating how a small nation can become a sophisticated player in a complex global industry. In the last […]
The Israeli Medical Cannabis Market: Navigating Tariffs, Trade Wars, and Market Shifts
The Israeli medical cannabis market, characterised in recent years by rapid patient growth and bold regulatory reforms, now faces significant challenges due to a situation of oversupply, allegedly caused by cheap imports from Canada. Following an investigation that revealed substantial dumping rates, the Israeli Commissioner on Trade Leavies has recommended to impose tariffs on Canadian cannabis aimed at […]
UK Medical Cannabis: High-THC Flower Leads a Market in Full Bloom
A recent Cannamonitor report on the UK medical cannabis market highlights a dynamic landscape showing continued growth across various product categories, especially THC-dominant flower. Based on analysis of over 300,000 privately prescribed medical cannabis items in 2022 and 2023, the report predicts the market will double again by the end of 2024, further solidifying the […]
Australia’s Medical Cannabis Boom: Breaking Import Records and Shaping Global Trade
Australia’s medical cannabis market has undergone a remarkable transformation over the past few years, cementing its position as one of the largest federally legal cannabis markets in the world. Fuelled by regulatory reforms, an increasing number of patients, and a surge in international trade, the industry is growing at an unprecedented rate. This article delves […]
Unlocking the Future of CBD in France: Consumer Insights and Market Prospects
The CBD market in France is at a pivotal juncture. Recent political developments have cast uncertainty over cannabis reform, yet the country’s high consumer demand for CBD suggests a bright future for the industry. France has emerged as the largest CBD market in Europe, with over 10% of adults and up to 18% of young […]
Medical Cannabis Supply in Italy: Sales Dropped in 2023 for the First Time
Medical cannabis in Italy has reached a pivotal moment. Despite being a pioneer in the European medical cannabis landscape, Italy’s market has seen a decline in sales in 2023 for the first time in a decade. This article delves into the realities and challenges facing the Italian medical cannabis sector, exploring the reasons behind the […]
Uruguay’s Export-Led Cannabis Industry: Trade Forges New Frontiers
Since becoming the first nation to legalise cannabis in 2013, Uruguay has witnessed significant growth in its cannabis industry. By 2023, the Oriental Republic celebrated its sixth consecutive year of cannabis exports, amassing over USD 27 million in revenue. With more than 100 active companies in the field, Uruguay’s cannabis expansion is driven by both […]
Trends of Cannabis Supply in Germany: 31 tonnes imported in 2023
Germany, a pivotal player in the European Union, finds itself at the forefront of cannabis regulatory reform. Recent developments signal a transformative shift in the country’s approach to cannabis importation and legalization. In this thorough analysis, we delve into the nuanced dynamics of Germany’s cannabis import trends, deciphering their implications for forthcoming legal reforms and […]
Clinics Drive Exponential Growth in the UK’s Medical Cannabis Market
The UK medical cannabis market has experienced remarkable growth, with over 120,000 privately prescribed items in 2022 alone. This article delves into the factors driving this growth, including the thriving private clinic sector, improved affordability, and diverse product offerings. It also provides a comparative analysis with European models and discusses future trends and opportunities. With […]