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10 things you'll want to know about Europe's fast-growing marijuana market

You've probably heard plenty about the launch of the Canadian recreational marijuana market. And you are likely up to speed on the rapid expansion of legalization of both medical and recreational marijuana in the U.S. But how much do you know about marijuana markets in Europe?

Cannabis market research company Brightfield Group released its European CBD and Cannabis Market 2019 Report on Tuesday. This report analyzed the cannabidiol (CBD) and cannabis markets in Europe and in key individual European countries. Here are 10 things you'll want to know about Europe's fast-growing marijuana market from Brightfield Group's new report. 


'Hype' of European CBD market faces regulatory tailwinds: Study

One of the new frontiers for cannabis investing may not be the frothy windfall that some companies are expecting, a new report suggests.

The opportunity for cannabidiol – the cannabis compound du jour that’s better known as CBD – in Europe is forecast to grow at a heady clip over the next several years, but the continent is rife with a complex regulatory patchwork that could make the sector difficult to navigate, according to Bethany Gomez, managing director at Brightfield Group, which released a report Tuesday analyzing Europe's legal CBD market. 

"Europe is a very nascent cannabis market," Gomez said in a phone interview with BNN Bloomberg. "It’s just starting to take off but tailwinds are there."


British study links high potency cannabis to psychosis

A study published on Tuesday in British medical journal, the Lancet Psychiatry, states that high potency cannabis or heavy use of cannabis can induce psychosis and can be harmful for mental health.

Dr. Marta Di Forti, lead author of study and clinician scientist at the Institute of Psychiatry, Psychology & Neuroscience, King’s College London, said that psychotic disorder was specifically studied.

The researchers examined data from 11 different sites that treat psychosis – 10 across Europe and one in Brazil. They looked at 901 patients who had a first-time episode of psychosis over five years and compared them to more than 1,237 matched non-patients.  


An interview with Dinafem Seeds: Europe’s king of feminized seeds

The evolution of cannabis genetics around the world is at a pinnacle. And with many advancements in breeding projects, the technology to produce feminized seed is now a reality. Producing top quality seeds is easier said than done, however. High Times sat down with Professor OG (not his real name) from Dinafem Seeds, a renowned European seed bank best known for their feminized, auto-flowering, and CBD seeds, and talked to them about breeding projects, working with CBD lines, upcoming releases, and how popular feminized seeds are across the pond.


Euro stakeholders upbeat on reversing CBD-in-food rule changes

European hemp stakeholders came away upbeat from a meeting with European Commission officials yesterday as they seek to reverse recent food rule changes that could upend the hemp food business across the continent.

“We launched a good dialogue for sound negotiations with the Commission and Member States today,” Lorenza Romanese, Managing Director of the European Industrial Hemp Association (EIHA) told HempToday after the meeting with a working group of the EC’s Standing Committee on Plants, Animals, Food and Feed (PAFF). “We have something to work on together.”


Aurora Cannabis strikes oil in Germany, and higher revenue and profit margins should be on the way

Nearly everyone has focused on Aurora Cannabis' (NYSE:ACB) great opportunity in the Canadian recreational marijuana market. The company has gotten off to a pretty good start with that opportunity, capturing a 20% market share in its latest quarter.

But nearly everyone also knows that Aurora's future rides largely on international medical marijuana markets. The largest of these international opportunities right now is Germany. On Tuesday, Aurora Cannabis announced that it had begun selling cannabis oils to German pharmacies. It's a milestone that should mean that higher revenue and profit margins are on the way. 


CBD Ban: Brits take up fight and send lawyers to Brussels

Cannabis lawyers are heading to Brussels next week to challenge a recent decision by the European Union to reclassify food products containing cannabidiol (CBD) and prohibit their sale.

While the rest of the western world moves towards acceptance of cannabis products either medically or recreationally, the European Union pushed back in February, updating a classification of CBD under the Novel Food Regulation.

The law ((EU) 2015/2283), which applies across all member states, means any product deemed as ‘novel’ must gain authorization from food authorities before it can be sold as a foodstuff within the EU.  Food can be considered ‘novel’ if it was not consumed by humans to any significant degree prior to May 1997.


Bankers are circling Europe’s growing cannabis market

Investors who are eager for the cannabis industry in Europe to emulate the boom in pot-stock listings in Canada may not have much longer to wait, judging by the activities of investment bankers.


Canaccord Genuity Inc., the biggest underwriter of stock offerings for weed-related companies, has appointed a head of European cannabis investment banking. French bank Bryan Garnier & Co. in the past year started covering the Canadian sector via a Paris-based analyst. Jefferies Financial Group Inc. recently initiated coverage on a slew of North American pot stocks through a London-based analyst.


European Parliament approves bill that would incentivize countries to allow medical marijuana

Recently the World Health Organization recommended that countries around the world reschedule marijuana and remove it from international drug treaties. And now the European Parliament is doing the same, Joseph Misulonas.


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