Canadian cannabis cultivators spy opportunity in Europe {$excerpt:n} The European Union’s nascent medical cannabis market is ready to expand with Canadian cannabis cultivators. New Frontier Data estimates that the potential European market for legal medical cannabis exceeds $42bn (~€38.02bn).1 Currently, Europe does not cultivate enough cannabis to supply the existing and growing demand. In…

European Hemp Farmers Feeling Hampered By EU’s Low THC Limit {$excerpt:n} Since 1999, after intense lobbying from unions representing French farmers, the THC limit for European hemp has been capped at 0.2%. Yet two decades hence, that standard is being blamed for negatively impacting the viability of the European hemp industry. For instance, adoption…

Cannabis sales in EU raise billion for crime gangs {$excerpt:n} Europeans spent at least 11.6 billion euros (£9.9 billion) in 2017 on illegal cannabis purchases, confirming marijuana as the largest drugs market in the 28-country European Union, the bloc’s anti-drugs agency said on Tuesday. In its annual report, the European Monitoring Centre for Drugs…

2019 Was A ‘Year Of Stagnation’ For Europe’s CBD Market {$excerpt:n} Regulatory blockages are stymieing the growth of the European CBD industry, says one of the continent’s leading experts. Antonin Cohen has been involved in the European CBD and cannabis industry for the last decade, initially as an activist and later an entrepreneur. He…

Cannabis companies are eyeing the opportunities in Europe {$excerpt:n} The North American cannabis market is going through growing pains and companies focused on making profits from the new green gold experienced major losses. Meanwhile, in Europe, the emerging cannabis sector opens up new opportunities of expansion to companies like World High Life PLC (NEX:LIFE).…

Cannabidiol awareness in Europe grows {$excerpt:n} A survey gauging awareness and use of CBD among consumers in 17 European Union countries produced some interesting results.   While the full report from New Frontier Data is yet to released, top level findings include: 56% of those surveyed had heard of CBD. 25% incorrectly believed CBD…

The great European cannabis cosmetics confusion {$excerpt:n} If the “recreational” discussion is off the table for now except in a few local sovereign experiments (Luxembourg, Switzerland, Denmark, Holland), and the medical discussion is mired in “efficacy” and payments (Germany, UK), where does that leave this third area of cannabis products? Namely cosmetics. The answer?…

Worldwide cannabis sales to grow 853% by 2024, new report estimates {$excerpt:n} It’s no secret that cannabis is considered one of the hottest investment trends of this generation on Wall Street. Although selling a processed plant isn’t exactly what you might call innovative, the black market for global weed sales generates tens of billions…

EU novel food and the legal status of CBD oil {$excerpt:n} There have been times when the Cannabidiol market in Europe suffered neglect because its safety for consumption was in doubt. However, in recent times, we have witnessed experts express that there is hope for cannabis products. (This is an ‘Opinion‘ article, written by…