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Prohibition Partners Publish The North American Cannabis Report,

Prohibition Partners report they have launched The North American Cannabis Report, “the most in-depth industry report focused on the Canadian and US cannabis markets.”

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Prohibition Partners is proud to launch The North American Cannabis Report, the most in-depth industry report focused on the Canadian and US cannabis markets.

The report outlines the commercial opportunities, regulatory framework and political environment across the region, a market we predict could be worth over $US47.3 billion by 2024.

Here’s the report’s key findings

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  • Although the US is currently the most profitable cannabis industry in the world, the model is imperfect. The lack of legislative clarity at the federal level is disrupting a market that could be worth US$44 billion within the next 5 years.
  • In the US, medicinal cannabis is legal in 33 states, while adult-use cannabis is legal in 11 (and Washington DC). In the near-term, data suggests that value sales of medicinal cannabis will dwarf the recreational market, although this will fall to just over half of value sales by 2024.
  • As western countries experience a long-term decline in smoking and stagnation in alcohol consumption, big tobacco and drinks businesses are looking to boost growth by investing in the sector as exemplified by deals from Constellation Brands and Altria.
  • The North American cannabis consumer goods market is the most advanced in the world. 2019/20 will see an unprecedented expansion of CBD lifestyle products.

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Infographic: How The U.S Is Losing $53.23 Billion Each Year By Not Legalizing Marijuana

American Marijuana.org reports the following and has created an interesting looking infographic to illustrate their argument….Public policy wonks tend to look at the question … Read More… The post Infographic: How The U.S Is Losing .23 B…

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American Marijuana.org reports the following and has created an interesting looking infographic to illustrate their argument….

Public policy wonks tend to look at the question Read More…

The post Infographic: How The U.S Is Losing .23 Billion Each Year By Not Legalizing Marijuana first appeared on Cannabis Law Report.

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Press Release: Maine Moves Closer to Retail Cannabis Sales as Regulators Issue First Active Licenses for Adult Use Marijuana Establishments

AUGUSTA – Today, the Office of Marijuana Policy, a part of the Maine Department of Administrative and Financial Services, announced the issuance of Maine’s first… Read More… The post Press Release: Maine Moves Closer to Retail Cannabis Sales …

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AUGUSTA – Today, the Office of Marijuana Policy, a part of the Maine Department of Administrative and Financial Services, announced the issuance of Maine’s first

Read More…

The post Press Release: Maine Moves Closer to Retail Cannabis Sales as Regulators Issue First Active Licenses for Adult Use Marijuana Establishments first appeared on Cannabis Law Report.

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Aurora new CEO, revenue down and huge write downs

Tell us something new!Aurora Cannabis has promoted Miguel Martin to CEO, while warning investors to expect declining quarterly revenue and write-downs of up to … Read More… The post Aurora new CEO, revenue down and huge write downs first appea…

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Tell us something new!

Aurora Cannabis has promoted Miguel Martin to CEO, while warning investors to expect declining quarterly revenue and write-downs of up to … Read More…

The post Aurora new CEO, revenue down and huge write downs first appeared on Cannabis Law Report.

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