A New Wave of Global Cannabis Exports on the Horizon?

Author: Pharmadrug |

Aura Health Inc.

Link: https://www.bnnbloomberg.ca/cannabis-investors-eye-uruguay-in-push-for-global-weed-exports-1.1231143

Pharmadrug Takeaways:

In January, Israel became the third country after the Netherlands and Canada to approve the export of medical cannabis. Now, only two months later, Uraguay is likely to become the fourth nation to take advantage of the global medical cannabis boom.

Pharmadrug management believes that other countries will likely follow suit. As the global marijuana market continues to decriminalize marijuana for both medical cannabis and recreational cannabis use, nations around the world will look to take advantage. By 2025, it is estimated that the global medical cannabis market will be worth north of $20B with recreational cannabis nearly $150B.

For more information about Pharmadrug or our involvement in the global medical cannabis market, please click here.