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International Cannabis Update: Germany Record Imports, Thailand Encourages Cultivation, Norway Drug Decriminalization
Monday, February 22, 2021 - 2:07pm | 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-...
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Health And Wellness A Key 'In' For Cannabinoid-Based Drinks
Tuesday, October 13, 2020 - 8:56am | 20495The hustle and bustle of modern life often leaves consumers searching for new ways to relax and unwind after a hectic day. Similarly, an increasingly more environmentally conscious public is moving today’s zeitgeist towards plant-based and organic products. At the intersection of these two...
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The US Beverage Brands Making A Splash In The Cannabis And CBD Drinks Market
Thursday, October 8, 2020 - 11:24am | 866The legalization of cannabis and the growing acceptance of recreational cannabis use has led to a great number of business opportunities within the cannabis consumer goods sector. Innovation in this space has largely been led by North American indie brands and new start-ups, which were quick to...
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Why The Drinks Market Will Be The Next Big Sector In Cannabis And CBD
Wednesday, October 7, 2020 - 10:59am | 13931With social attitudes towards cannabis use softening across the globe, the cannabis-infused product market is a world that is buzzing with potential. Prohibition Partners’ latest consumer research report, “The Impact Series: Disrupting Drinks”, looks at the impact that...
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The Potential Impact of Cannabinoid-Drinks on Alcoholic Beverages and Alcohol Abuse
Friday, October 2, 2020 - 10:48am | 862The global cannabis-based drinks market is projected to have tremendous growth in the coming years. According to a new report from cannabis market intelligence and consultancy firm Prohibition Partners, the global cannabis beverage market will be worth $1.82 billion by the end of 2020 and $5.8...
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How The Impending Recession Could Change The Cannabis Industry: 'Everybody Is Going To Raise Capital'
Wednesday, April 15, 2020 - 1:53pm | 1272Alan Brochstein, founder of 420 Investor and New Cannabis Ventures, joined Benzinga’s PreMarket Prep show Monday to discuss how the cannabis industry and its main players are navigating the looming recession. In recent weeks, some financial commentators have viewed the recent...
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'Psyched': First Psychedelics Company Goes Public, Phase III Clinical Trials On MDMA For PTSD
Sunday, March 15, 2020 - 8:38am | 1016Welcome to the first edition of Psyched, a bi-monthly column covering the most important developments in the industry of medicinal psychedelics. We hope you follow us periodically as we report on the growth of this exciting new industry. MindMed Became the First Psychedelics Company to List...
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Davos 2020 Cannabis Conclave: Uncovering The Future Of The European Market
Sunday, January 26, 2020 - 10:35am | 358Medical cannabis in Europe has slowly been gaining traction, but there are still a number of hurdles around regulation that has a lot of catching up to do. Speaking at the Cannabis Conclave event in Davos, Switzerland last week, Stephen Murphy of Prohibition Partners discussed medical cannabis...
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UK Cannabis Industry Could Reach $3B In Size By 2024, Says Prohibition Partners
Friday, December 20, 2019 - 4:02pm | 749The 2019 UK Cannabis Report was released by Prohibition Partners earlier this month as U.K. voters prepared to elect the biggest conservative majority in Parliament since the Thatcher era. The study, released one year after the U.K. legalized medical cannabis in November 2018,...
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Prohibition Partners: German Cannabis Market Could Reach $18B By 2028
Friday, October 25, 2019 - 10:14am | 618Prohibition Partners, a European research firm focused on the cannabis industry, has released the first edition of "The Germany Cannabis Report," a 58-page study in which the organization analyzes the landscape of the German cannabis market. With the largest economy in the region and...
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New Report Puts North American Cannabis Market At $47.3B By 2024
Thursday, September 5, 2019 - 11:08am | 771Market research and data analytics firm Prohibition Partners has released its first North American Cannabis Report. In the 134-page paper, the firm analyzes the current state of the cannabis industry in Canada and the United States to draw key insights into the industry’s future in...
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How The African Cannabis Market Could Reach $7.1B By 2023
Tuesday, March 26, 2019 - 12:20pm | 840In the global cannabis landscape, Africa is an overlooked market. This is due to a number of factors, such as the illegality of the plant across the continent and the poor economic conditions that many African countries face. Africa has the potential to become an enormous cannabis market due to the...
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Prohibition Partners Projects $12B Latin American Cannabis Market By 2028
Monday, October 15, 2018 - 3:31pm | 820Prospective investors in cannabis companies like Aphria Inc (OTC: APHQF), Aurora Cannabis Inc (OTC: ACBFF) and Cronos Group Inc (NASDAQ: CRON) should take another metric into account: the companies' Latin American presence. A new report from Prohibition Partners shows that the Latin...
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Medical Marijuana To Dominate European Market Growth
Friday, August 24, 2018 - 12:30pm | 962The global legal marijuana market amounted to $9.5 billion in 2017, growing by 37 percent on the year, according to a report by Arcview Market Research and BDS Analytics. The largest market was the U.S., which totaled $8.5 billion. It was followed by Canada with $600 million. Another small market...