Although recreational cannabis has been legal for over a year in Canada, the country is still facing a number of regulatory hurdles. For firms in Europe, it’s critical that they keep a close eye on how businesses like Aphria, Canopy Growth and Tilray react under such conditions. Related: The Most Profitable Business Sectors Within the European...
Author: Liam J. Kelly
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Bruce Linton on Cannabis, Europe, and Entrepreneurship in 2020
Anyone entering the cannabis industry for the first time will quickly stumble upon a few key names. Celebrities like Snoop Dogg may indeed be the first to come to mind, but someone like Bruce Linton is certainly a close second. Related: Europe Expected to Lead Global Cannabis Market by 2024 Being the co-founder of one of...
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Brexit & General Elections: UK Cannabis Scene on Hold
With elections on the horizon and a murky Brexit conclusion, regulatory progress in the UK cannabis sector looks to be on hold. Political turmoil makes headlines but not much else The Brexit limbo has had several unfavourable effects on financial markets across the board. Even in 2016, large firms began exploring alternative major capitals...
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Europe Expected to Lead Global Cannabis Market by 2024
First-movers in the cannabis space have been predominantly North American, but as regulations shift slowly but surely, Europe or rather Europeans may be the real winners in just a few years’ time. The European cannabis market is already expected to be worth around €123 billion by 2028, and this is with Europe having unfavourable legislation....
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Canadian Cannabis Suppliers Need European Markets
On the 11th of November, 2019, Marijuana Business Daily reported that Italy had cancelled one of Aurora Cannabis’ three grow lots, which it won in July of this year. The Ministry of Defense said that the third lot, which would have grown 40 kilograms of high-CBD cannabis, was ‘not necessary’. Related: How Canadian Cannabis Companies Are...
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Money Talks – How Much is Cannabis Legalisation Worth?
A major talking point for the cannabis sector has been the influx of tax revenue for states who have legalised or decriminalised portions of the industry. Colorado, for instance, raked in over $265 million (~€234 million) in 2018, according to a recent Forbes report. Other states like Washington and California boasted figures above $300 million...
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Know your Bud: Following the Supply Chain of Cannabis Production in Europe
Understanding the supply chain of the cannabis industry is critical for understanding how an incoming business can best make its mark. Compared to other industries, however, the regulatory uncertainty has made following the production process slightly more complex. Europe, for instance, is still heavily reliant on subsidies and costly imports from countries with more liberal...
