Spotlight is a new podcast series from Vox Markets that sheds light on sectors, trends, and innovations that the market has largely overlooked. Spotlight connects with change-makers to examine how fresh ideas and unexpected approaches are working to create real investment opportunities.
Today, we look at the highly complex, yet undeniably booming, cannabis market. Historically, the potential cannabis market has been hampered by its stigmatisation and broad illegality. However, regulations regarding cannabis legalisation in the EU are rapidly changing; in just November of this year, the UK allowed doctors to write prescriptions for medicinal cannabis, and Luxembourg became the first EU country to legalize cannabis for recreational use. And as global momentum grows, entrepreneurs are now flooding the sector to provide a range of services that are clearly lacking.
An industry report estimates that in 10 years, the total cannabis market could be worth over £100 billion. Yet, with uncertainty regarding legalization and a public stigma that remains hard to shake, some remain wary of jumping into this pivotal moment in cannabis markets development.
We talked with cannabis experts, from growers to consultants and investors, to separate fact from fiction in this fickle, nascent yet ever-growing market.
We would like to extend a huge thank you to our wonderful guests: David Burden, Director of The London Botanists; Hadley Ford, CEO and Director of iAnthus Capital; Roy Bingham, Co-Founder and CEO of BDS Analytics; George McBride, Founder and CEO of Hanway Associates.
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
SP Angel research note on commodities and miners, featuring: Arkle Resources* PLC (ARK LN) Formerly Connemara Mining* (CON LN) – 2018 results and exploration update Cora Gold* (CORA LN) – Major shareholder raises his stake Thor Mining* (THR LN) – Bonya XRF results confirmed Tri-Star Resources* (TSTR LN) – SPMP update on antimony-gold plant
Rod Findley, Immotion Group’s Commercial Director said: “We feel we have the perfect VR product for this market - one that's already delivering solid ancillary revenue, as well as enhanced customer experiences to aquariums and zoos around the world."
Hargreaves bosses Mark Dampier and Lee Gardhouse refuse to give up bonuses, The former chief executive of Barclays has been cleared of wrongdoing after a judge ruled there was “insufficient evidence” to support the charge of conspiracy to commit fraud, Mobile operators should face scrutiny from cartel watchdogs
Five financial stories, trending today in a 60 second podcast, including: Britain will see the slowest growth in consumer spending in 2019 in six years, piling even more pressure on retailers, EY ITEM Club forecast today. It said it expects spending to rise by 1.6% over last year, although that would be faster than an estimated 1.3% growth in the broader UK economy in 2019.
On today's podcast: Audioboom cover recent news including their podcast content funding guarantee arrangement. Polarean discuss the progress they are making in their Phase III Clinical Trials. Arix Bioscience provide an insight into their portfolio, investment process and strategy.
SP Angel research note on commodities and miners, featuring: Anglo Asian* (AAZ LN) – Board presents to packed AGM on dividends, further expansion and new exploration success Bushveld Minerals* (BMN LN) – Brits Vanadium Project maiden resource at 66.8mt grading 1.58% V2O5 in magnetite Edenville Energy* (EDL LN) – 2018 annual results KEFI Minerals* (KEFI LN) – Hawiah exporation update Premier African Minerals* (PREM LN) – Loan Note funding Solgold* (SOLG LN) – Ecuador court rejects proposed referendum
Dixons Carphone (DC.) reveals big losses at mobile phone shops, Neil Woodford has been urged to hand money back to investors as soon as possible from his scandal-hit flagship fund, Britain’s biggest mobile operators face explosive claims of attempted price fixing and collusion as part of a £1bn High Court battle over the sudden collapse of Phones 4U, BCA Marketplace in £2bn takeover talks