European Cannabis is the Emerging Market to Attract North American Investment
By Mark Wheeler, Hill Dickinson
Following the launch of Europe’s first medical cannabis Exchange Traded Fund (ETF), which aims to provide targeted exposure to the rapidly expanding medical cannabis industry, there is renewed interest and buzz in the European cannabis market for investors on a domestic and global scale. Whilst there is recent news of major North American cannabis companies undertaking cost reduction exercises, this is reflective of rapid expansion being curtailed to drive profitability, and also something the market has been expecting. The cannabis sector will evolve as the regulatory landscape develops.