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Opportunity in Europe

Demand for medical cannabis has never been higher in Europe with growers across the continent struggling to produce high-grade, low-cost, consistent product.

“With a market of over 742 million people and total healthcare spend of €2.3t, Europe will be the largest medical cannabis market in the world.” 1

Europe’s CBD Market is Estimated to Grow Over 400% Through 2023. 2

The market was estimated at $318 million in 2018 and is expected to grow over 400 percent through 2023.3

“The market is primed and ready for harvest –
one that could be worth as much as €123 billion by 2028”

- Prohibition Partners, European Cannabis Report

Large markets in Europe opening up:

Germany:
Million people
Poland:
Million people
United Kingdom:
Million people

1. Source: Prohibition Partners: The European Cannabis Report 4th Edition

2. Source: https://www.brightfieldgroup.com/press-releases/europe-cbd-market-through-2023

3.“The market was estimated at $318 million in 2018 and is expected to grow over 400 percent through 2023.”

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