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.
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