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Memery Crystal is proud to support the release of ‘The European Cannabis Report: Fifth Edition’.

06/03/2020

At a glance

The report is the latest in Prohibition Partners’ suite of market-leading regional cannabis reports, and provides a detailed look at the most recent developments occurring inside the nascent European cannabis sector. Memery Crystal’s CEO Nick Davis and Director Mark O’Donnell comment on our position in the market, the biggest concerns facing our clients, and which legal developments are happening in the industry that you should be keeping an eye on.

The European cannabis industry is rapidly changing in both landscape and legislation. This report revisits the landscape of cannabis in Europe taking an in-depth look at the countries and companies that are leading the way (many of which we are proud to have as clients). This includes providing insights into the latest developments, and delivering intelligence across key markets such as the UK, France, Portugal, Germany, Italy and Spain. The report provides an in-depth analysis and explanation of complex legislation and key data for international policymakers and industry-leading operators.

Key insights from the report include:

  • Luxembourg’s impending legalisation of recreational cannabis is likely to cause a ‘Domino Effect’ of cannabis reform in Western Europe.
  • In 2020 and beyond, Europe can expect to see progress towards a single-market distribution programme for cannabis-based medicinal products.
  • European countries are seeking to establish a legal infrastructure and domestic supply in 2020, having been reliant on international imports in 2019.
  • European investors are beginning to emerge as North American capital focuses on domestic requirements.
  • European cannabis CPG groups continue to be attractive to North American investors and major international cannabis companies.

Memery Crystal’s Market Position

Memery Crystal has been engaged in the emerging cannabis sector for over two years now and is the leading UK law firm on advising the sector on business set-up, capital markets, mergers and acquisitions, private fundraising, licensing and commercial contracts. Being involved in the sector early on has meant that we understand the market and the legal challenges it’s facing and how these are evolving.

Download the report here to read our thoughts on which areas of the sector are most interesting at the moment, what is keeping us busy and the biggest concerns our clients are facing, as well as which legal developments the industry should be looking out for.

Download the full report here

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