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Canada Cannabis Sales Doubled In 2020, Hitting $2 6B: Here s What s Next
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Cannabis Canada Weekly: Legal Canadian market expected to peak by 2026: report - Article
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At the close of 2020, 46 nations had passed some form of marijuana legalization. Up to 44 countries passed some form of medical laws. Uruguay and Canada are two countries that legalized adult use, and Mexico and Israel will likely follow in 2021.
With reform efforts underway, investors and cannabis pros have their eyes on countries across the globe, with the expectation that international sales will spike.
Germany, UK, Switzerland
Clever Leaves Holdings Inc (NASDAQ:CLVR), expects a big year for the German medical market.
Germany looks promising since the nation has a medical cannabis industry poised for significant near-term growth through its advanced patient-reimbursement program, he says.