The Growing European Medical Cannabis Market According to analysis firm prohibition partners, the eu cannabis market will be worth 123 billion euros by 2028. kennedy did not confirm how much medical marijuana tilray plans to produce. ($1 = 0. In 2023, portugal exported 11 tonnes of cannabis but only 17 kg were sold within its borders. patients still resort to the black market although the plant is legal in the country.
Portugal S Booming Medical Cannabis Exports On Track To Break Records In the first half of this year, portugal has seen a significant increase in its medical cannabis exports, according to data provided by infarmed, the country’s health authority. this impressive growth clearly indicates that portugal could surpass last year’s record export of 9,271 kilograms. in comparison, 4,850 kilograms of medical. Large scale medicinal cannabis cultivation has been occurring in portugal for some years, however, until last year, domestic use and possession in portugal was prohibited by law. in july 2018, local populations were also granted the right to access cannabis via a medical prescription, when other treatment approaches have failed. As more and more governments around the world move to legalise medical marijuana, privateer holdings ceo brendan kennedy explained why he thinks its use will. Portugal is gearing up to become a medical marijuana production powerhouse serving growing european markets. but as access to capital tightens in the global cannabis industry, companies wanting to set up operations in portugal could have challenges to secure the necessary funds for their ambitious plans.
Europe Medical Cannabis Market Size Value Revenue Analysis By 2030 As more and more governments around the world move to legalise medical marijuana, privateer holdings ceo brendan kennedy explained why he thinks its use will. Portugal is gearing up to become a medical marijuana production powerhouse serving growing european markets. but as access to capital tightens in the global cannabis industry, companies wanting to set up operations in portugal could have challenges to secure the necessary funds for their ambitious plans. In this regard, it is possible that the market of recreational cannabis will become a reality in portugal by 2023, when the current legislative parliament ends. finally, it is important to mention that the covid 19 pandemic also impacted the portuguese medical cannabis market, taking the industry by surprise. Portugal’s cannabis regulator has approved three new cannabis preparations for its medical cannabis programme, marking the first expansion since 2021. since voting to legalise medical cannabis in 2018, portugal has only seen one cannabis preparation be approved by infarmed (instituto nacional de farmacologia e medicamentos).
Sunny Portugal A Gateway To Europe S Medical Pot Market World News In this regard, it is possible that the market of recreational cannabis will become a reality in portugal by 2023, when the current legislative parliament ends. finally, it is important to mention that the covid 19 pandemic also impacted the portuguese medical cannabis market, taking the industry by surprise. Portugal’s cannabis regulator has approved three new cannabis preparations for its medical cannabis programme, marking the first expansion since 2021. since voting to legalise medical cannabis in 2018, portugal has only seen one cannabis preparation be approved by infarmed (instituto nacional de farmacologia e medicamentos).
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