We analyze and present the most important industry trends of the European & global market for medical cannabis & CBD products for 2021. Which are the major challenges and opportunities?

The UN has recently accepted recommendations made by the World Health Organization which reschedule cannabis and cannabis related substances, effectively accepting the medical potential of cannabis. 

Following the ruling of the Court of Justice of the European Union (CJEU), the European Commission decided that cannabidiol (CBD) will not be regulated as a drug and can be qualified as food.

The steadily increasing competition in this market has made particularly crucial the initial investor’s decisions for setting up a successful Medical Cannabis facility. The 5 most critical decisions for the investor.

There is constant increase in the UK’s demand for medical cannabis. That reveals an opportunity for EU Medical Cannabis Companies aiming to export in other EU countries.

Canada exported five times more, medical cannabis oil, from 920 liters in 2018 to 5,372.3 liters in 2019.. Germany & Denmark among the major destination markets. The growth in medical cannabis oil exports outpaces the growth of dried cannabis exports.