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Today at The Marijuana Business Conference & Expo INTL, MJBizConINTL, in Toronto, Chris Walsh, industry analyst and Vice President of MJBizDailyhttps://mjbizdaily.com/the-multibillion-dollar-marijuana-industry-takes-the-stage-at-mjbizcon-intl/ gave an overview of the international cannabis marketplace.
“Best example of where the cannabis industry is going happened this morning,” commented Walsh about the news of Constellation Brands, the makers Corona, announcing a CA$5B investment in Canopy Growth.
“This is THE biggest business development I’ve ever seen this industry,” Walsh said. “It‘s very telling. These outside companies are coming. They are here. They are looking for future growth.”
**Walsh is avialable for interviews.**
MJBizDaily estimates the global cannabis market to be a $10B-12B+ industry by the end of 2018. This number could easily double or even triple as Canada’s recreational market takes off and other countries come online.
The U.S. is the largest market dollar-wise at the moment, but Canada is leading in so many other areas.
In Germany, medical marijuana is part of the healthcare system and is a very interesting model to watch.
Israel has long been a leader in marijuana research, they are now trying to develop an export market around the world.
Uruguay was the first nation to legalize recreational marijuana. Canada was the first G7 to legalize.
UK, Italy and Portugal are quickly expanding.
More can be found in the new MJBizDaily report — Industry Insights: International Countries to Watch–An Overview of Cannabis Legalization Around the World, releasing today.
“International Countries to Watch” focuses on 10 prominent countries whose cannabis policies and plans are already shifting the way industry leaders approach business decisions. It is designed to help you maximize your profits in the cannabis industry as it continues to evolve into a cornerstone of the world economy and gives thorough guidance on:
Evolving government regulations impacting the number and type of licenses available to cannabis professionals
Understanding current laws and the potential to influence policy in emerging cannabis nations
Market opportunities, licensing restrictions, government involvement and the forecast for profit in future endeavors
Market saturation and consumer interest in cannabis relating to your success in current market conditions.
Optimizing involvement across every cannabis sector, including: cultivation, distribution, retail and ancillary products and services
Marijuana Business Daily is the leading B2B in the legalized business of marijuana. Founded in 2011, it is the most trusted, independent publisher and event producer serving America’s cannabis industry for entrepreneurs and investors. They offer unbiased business analysis, research, trends, and breaking stories, daily –http://mjbizdaily.com/
They produce America’s oldest and largest Cannabis Trade Show: Marijuana Business Conference & Expo.
Chris Walsh, VP & Founding Editor, is the editorial head of Marijuana Business Daily, overseeing the industry trade publications Marijuana Business Daily and Marijuana Business Magazine. He also programs and keynotes the Marijuana Business Conference & Expo and leads the research team behind the company’s reports, including the Marijuana Business Factbook. Chris has more than a decade of professional experience as a business reporter and is the first journalist in the U.S. to cover the marijuana industry full-time.