With only a limited number of licences available for the recently announced Danish medical cannabis trial, the race is on to submit applications in advance of the deadline on the 31st of December. We explore the process and opportunity.
Europe is set to become the largest legal cannabis market in the world within the next five years.
Our report provides a detailed analysis of the medical, recreational and industrial sectors in 15 key European markets in addition to the various commercial, legal and social developments across the region.
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.
The legal cannabis industry is the biggest potential new market in the world, with Europe’s recreational market alone currently being valued at €18bn. The European Cannabis Report™ from Prohibition Partners is the first major piece that uncovers the commercial opportunity of a legal cannabis market in Europe.