RAMM Pharma Enters European Cannabis Market with Strategic Investment in Canapar Corp.
About the European Cannabis Market Europe represents one of the largest potential cannabis markets globally. The Europe cannabis market is currently valued at US$3.5 billion and expected to reach US$37 billion by 2027 with an anticipated CAGR of 29.6% from 2020 to 2027 (ResearchAndMarkets.com, 2020). European countries are experiencing a transformation in the regulations for marketing cannabis and related products, facilitating easier cultivation, processing, and trade of the cannabis-derived products across this region. Terms of the Transaction The Canapar Shares were acquired for C$7,000,00...
Source: benzinga.com