Tag: brazil
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Medical Cannabis Packaging Market Projected To Reach $117.2 Billion By 2032
The global cannabis packaging market is projected to reach $117.2 billion in value by 2032 according to a recent analysis by Astute Analytica. The entity describes itself as “a global analytics and advisory company.” “The global medical marijuana packaging market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 117.2 billion…
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How Much Is Brazil’s Legal Cannabis Market Worth?
Starting in 2015, tetrahydrocannabinol (THC) and cannabidiol (CBD) derived from cannabis are allowed for medicinal use under certain conditions imposed by the Brazilian Health Regulatory Agency (ANVISA). In March 2020, Brazil issued its first domestic medical cannabis production license. Brazil’s medical cannabis industry is fairly restrictive compared to what is found in North America and…
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How Big Is Colombia’s Medical Cannabis Export Market?
Colombia has a long history with the cannabis plant, albeit not always involving a regulated industry. The South American nation legalized medical cannabis and industrial hemp in 2016 and 2021, respectively. Cannavigia, an international cannabis compliance and production management company, estimates that Colombia’s commercial cannabis cultivators can produce dry cannabis flower for $0.06 and $0.40…
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How Many Countries Have Legalized Medical Cannabis?
According to a recent study conducted by researchers from Ukraine and France, and published by the U.S. National Institute of Health, 57 countries have adopted medical cannabis legalization measures. Israel was the first country to adopt a national medical cannabis legalization measure (1999), and Ukraine was the most recent (2024) as of the posting of…