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German Medical Marijuana Sales To Reach $1.09B By 2028, New Report
Thursday, October 17, 2024 - 10:00am | 641New report on Germany's cannabis market by Prohibition Partners reveals that German medical marijuana sales are projected to reach €420 million euros in 2024 ($260.66 million) reaching €1 billion by 2028. Prohibition Partners is a data, media and tech company operating in the legal cannabis...
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Cannabis Shops Could Launch This Year In Germany For 'Scientific Purposes,' Here's Why UK's Medical Marijuana Sales Are Soaring
Monday, May 13, 2024 - 10:33am | 1503Over the last several years, Europe has become more open-minded about medical and recreational marijuana. Here are some of the latest cannabis developments from the United Kingdom and Germany. Germany: Cannabis Shops Might Open This Year The German government is working on the second...
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Weed Giants Tilray And Curaleaf Ramp Up Presence In Europe, Here's Why
Thursday, March 14, 2024 - 10:57am | 1107The European cannabis market is one of the most rapidly expanding markets globally. Prohibition Partners revealed in its latest report on cannabis in Europe that the combined market size of all CBD categories surpassed €2 billion ($2.2 billion) in 2023. The report called Germany, Czech Republic,...
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Top Canadian Cannabis Producers Caught In International Controversy Over Imports
Thursday, February 1, 2024 - 3:00pm | 971A group of Canadian cannabis producers found themselves in hot water after the commissioner of Israel’s Trade Levies Unit launched an "anti-dumping" investigation related to the import of medical cannabis from Canada, as reported by Marijuana Business Daily's Matt Lamers. Danny Tal, director...
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Explosive Growth In Global Cannabis Market, Doubling To $50B In Sales By 2027: Report
Wednesday, December 27, 2023 - 12:13pm | 432The global recreational marijuana market is poised for explosive growth, with legal sales expected to nearly double to $50 billion by 2027, according to a new report from Prohibition Partners. This surge is attributed to two key factors, per the Global Cannabis Report: continued momentum in...
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Report: 650% Spike In Cannabis Medicine Trials Prioritizing Chronic And Neuropathic Pain
Wednesday, September 6, 2023 - 5:52pm | 547Could the future of healthcare be intertwined with cannabis-based medicines? A recent report by Prohibition Partners, a data, media and tech company operating in the cannabis industry, reveals a remarkable 650% surge in clinical trials using cannabis-based medicines to alleviate symptoms...
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Cannabis In Europe Is Smelling Good: No Great Upheavals Or Unexpected Shifts, Says Report
Friday, March 31, 2023 - 4:09pm | 549Prohibition Partners recently launched its 8th edition of the European Cannabis Report, which referred to this past year as stable for medical marijuana (MMJ). "There have been no great upheavals or unexpected large-scale shifts in the industry, however, it has not...
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Cannabis vs. Tobacco: The Battle For Market Share And Public Health
Friday, March 31, 2023 - 9:49am | 1267A recent poll showed that Americans prefer legal cannabis over legal tobacco. This societal shift comes as no surprise, given the regulatory changes and widespread acceptance of marijuana. According to Pew Research, 59% of American adults believe marijuana should be legal for both medical and...
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US Cannabis Sales Hit $37.4B In 2021: What Can We Expect This Year?
Monday, January 10, 2022 - 10:43am | 1018The U.S. cannabis market continues to boom to little surprise, but some experts caution that growth may decline in 2022. With U.S. sales topping $37.4 billion in 2021, according to a Prohibition Partners' report, most see the new year as another success for pot. Still, regulations on...
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Which Countries Will Likely Legalize Cannabis In 2022 And Why Isn't The US Among Them?
Thursday, December 23, 2021 - 10:13am | 1057Cannabis reform is heating up across the nation. With it comes a booming multinational market, including a projected $102 billion in sales by 2026, according to Prohibition Partners. Global reform efforts also received a late-in-the-year shot in the arm when Malta legalized possession of up to...
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Curaleaf International Rebrands To European Market, Expects It To Reach $3.71B By 2025
Monday, November 1, 2021 - 12:10pm | 593Curaleaf International (formerly EMMAC Life Sciences Group) part of vertically integrated cannabis company Curaleaf Holdings (CNSX: CURA) (OTCQX: CURLF) announced Monday its official rebrand to the European market. The company’s cannabis flower and...
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Why Are Big Cannabis Companies Buying Media Outlets? What's Next?
Monday, September 20, 2021 - 10:43am | 901Fire & Flower Holdings Corp's (OTCMKTS: FFLWF) recently completed acquisitions of media outlets Wikileaf and PotGuide is primarily about tech stacking and not media control or amplification, president and CEO Trevor Fencott told Benzinga earlier this week. While the company does not want to...
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Argentina's Cannabis Market: What Do Investors And Entrepreneurs Need To Know?
Wednesday, August 25, 2021 - 10:18am | 852Argentina's cannabis marketplace shows signs of much promise coupled with significant national uncertainty. Incremental progress has been underway for several years. The Supreme Court decriminalized small amount use in 2009. In 2017, the country approved the import of cannabis products with a...
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Prohibition Partners Acquires 'Business Of Cannabis,' Expands In Conferences, News And Data Spaces
Thursday, August 5, 2021 - 2:06pm | 207Prohibition Partners, a global data and intelligence group, has completed the acquisition of Business of Cannabis, focusing on the global B2B audience in cannabis. Business of Cannabis joins an existing portfolio of brands that includes Cannabis Europa, BusinessCann and Atalis, which gives...
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International Cannabis Update: Germany Record Imports, Thailand Encourages Cultivation, Norway Drug Decriminalization
Monday, February 22, 2021 - 3:07pm | 683Germany Imports Record Volume Of Cannabis Flower During the last quarter of 2020, Germany has imported the record amounts of cannabis flower (on a quarterly basis) or 3,264 kilograms. (h/t Prohibition Partners) For the full 2020, the country has brought in 9,249 kilograms, experiencing a 36% year-...