Investment opportunities in the Italian marijuana market, in 2018, the global legal marijuana market size was estimated at USD 13.8 billion.
Because of growing take-up of cannabis as a medical product for treating conditions, such as Parkinson’s disease, cancer, arthritis, and other advanced neurological disorders is also expected to increase revenue growth in the years ahead.
‘The European Cannabis Report’. Produced by Prohibition Partners claims that the market could be worth as much as €123 billion by 2028. Additionally, in Canada cannabis industry sales are projected to be higher than liquor and wine in 2019.
With a market of 742 million people, the market could be worth as much as €58 billion and this extraordinary growth opens a wealth of opportunity. Europe will be the largest medical cannabis market in the world and has a total healthcare spend of €2.3 trillion the report states.
Insurance companies Italy are covering medical cannabis prescriptions and by 2028, the European recreational cannabis market will be worth €65 billion. Since the beginning of 2018, Germany, Denmark, Malta, Greece, and Italy have all discussed the possibility of a fully regulated cannabis market
Investment opportunities in the Italian cannabis industry, cannabis cultivation is legal in Italy and cannabis medication is available since 2006.
Leading global supplier and wholesaler Medicinal Organic Cannabis Australia https://www.medicinalorganiccannabis.org has been working with Italian cultivators and the Italian military to supply the Italian market.
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