Report: UK Is Europe's Largest Producer, Exporter Of Legalized Cannabis
This article by Corey Noles was originally published on Cannabis & Tech Today, and appears here with permission. The UK is now the largest producer and exporter of legal cannabis in Europe, according to a new report. The report, released by released ResearchandMarkets.com, is titled The European market is expected to reach $37 billion by 2027 from $3.5 billion in 2019; it is anticipated to grow at a CAGR of 29.6% from 2020 to 2027. The growth of the market in this region is attributed to the upgrading of regulations for medical cannabis and growth of the cannabis industry as well as an i...