New opportunities emerge in European cannabis markets

FOR IMMEDIATE RELEASE

Business opportunities start to appear in

European legal cannabis markets

Recent initiatives on legalising cannabis in four European countries have put the spotlight on the commercial potential of the cannabis market.

Germany, Malta, the Netherlands and Switzerland have all recently reformed their laws on recreational cannabis. The new rules differ from country to country, but they include permitting personal possession, home cultivation, cannabis clubs and/or pilot programmes to allow access to cannabis for non-medical purposes.

And legalisation models like these bring several commercial opportunities, according to a new report from CannIntelligence.

They include heightened demand for cultivation equipment, seeds, tracking software, packaging solutions, dispensary operations and even educational services.

“European countries were slow to roll out legal frameworks for cannabis, amid concerns over whether doing so was compatible with EU and international law. But now a European model of recreational cannabis legalisation is emerging, not only in these four countries but also through other developments such as Spain’s unregulated cannabis clubs,” said Barnaby Page, editorial director of CannIntelligence.

“It’s becoming possible to see how both the regulatory framework might develop, and how there could be positive business effects in a wide range of sectors,” he added.

The report, entitled European recreational cannabis models and commercial opportunities, is available to CannIntelligence subscribers or for purchase by non-subscribers.

ENDS

About us: CannIntelligence provides independent, in-depth regulatory and market data and intelligence for the global cannabis and cannabinoid sector. We provide our clients with the tools to navigate this fast-moving sector, tailor their business strategy, optimise resources, and make informed decisions. Our global perspective on the international cannabis and cannabinoid sector offers valuable data such as market trends, key players, regulatory obligations and industry dynamics.

It is published by Tamarind Intelligence, which also produces ECigIntelligence and TobaccoIntelligence.

Photo: Elsa Olofsson

Barnaby Page

Editorial director

Before joining ECigIntelligence in early 2014 as one of its first employees, Barnaby had a 30-year career as a reporter and editor for newspapers, magazines and online services, working in Canada, the US and the Middle East as well as his current British location. He has edited publications covering fields including technology and the advertising industry, and was launch editor of the first large daily online news service in the British regional media. Barnaby also writes on classical music and film for a number of publications. Barnaby manages the editorial and reporting teams and works closely with the analyst teams, to ensure that all content meets high standards of quality and relevance. He also writes for the site occasionally, mostly on science-related issues, and is a member of the Association of British Science Writers.