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.
On today's podcast: W Resources provide an update on progress at La Parrilla, its tungsten-tin mine in Spain. Emmerson completes the Environmental Baseline Study at their potash project. Malcy talks about: Eco Atlantic O&G, Range Res, Bahamas Petroleum & Hurricane Energy. John Stepek author of Sceptical Investor.
SP Angel daily look at commodities and miners, featuring: Bluebird Merchant Ventures* (BMV LN) – Funding raised to complete pre-construction phase for Gubong gold mine Cora Gold* (CORA LN) – Sanankoro oxides demonstrate up to 97% gold recoveries Chaarat Gold* (CGH LN) – Joint venture to build gold mine in Kyrgyzstan Strategic Minerals* (SML LN) – Moving to 100% ownership of Redmoor
John Peters, Managing Director of Strategic Minerals, commented: "The recent resource upgrade has highlighted the potential world class nature of the Redmoor Tin/Tungsten project and has given the Board confidence to consolidate control.”
Emmerson (EML) announced today that its recently completed Environmental Baseline Study for the Khemisset Potash project has revealed no areas of concern regarding its scale, location, cost or profitability.
Five financial stories, trending today in a 70 second podcast, including: Accrording to the the British Chambers of Commerce, UK companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc.
ImmuPharma is now in preparations for the Lupuzor Managed Access Program, in which 500 eligible patients in Europe will have early access to the medication, free of charge, for a minimum of two years.