Although North America is the largest cannabis market in the world, we have been highly focused on burgeoning international markets to better understand the growth prospects that are associated with the sector.
From the European Union (EU) to southeast Asia, there are new cannabis markets popping up all over the world and we are bullish on this trend. Although most international cannabis markets are barely in the first inning of a major growth cycle, the long-term opportunities in certain countries are more attractive than in others.
Today, we want to highlight 3 international cannabis markets that we consider to be attractive long-term opportunities. We want our readers to be aware of these countries as well as the companies that are capitalizing on them.
- Germany – we consider Germany to be the most attractive cannabis market in the EU. In the near future, we expect recreational cannabis to be legalized in Germany and are bullish on the growth prospects that are associated with this. Currently, there are several companies capitalizing on Germany and we are favorable on these operators. We consider Germany to be one of the most attractive markets due to its substantial population and will monitor how the market continues to evolve.
- Mexico – the country is considered to be the most attractive cannabis market in Latin America and we have noticed an increase in the number of companies that are focused on it. One of the reasons for our bullish view of the Mexican cannabis market is related to the lack of saturation. There are a few companies that have actually been executing on a growth strategy in Mexico and we expect these early movers to capture a significant amount of market share.
- Israel – when it comes to the Israeli cannabis market, we continue to view the region as an attractive long-term growth opportunity. During the last two years, the Israeli cannabis industry has recorded major advancements and we believe the market is reaching an inflection point. Cannabis is becoming big business in Israel and we will monitor how the industry continues to evolve
If you are interested in learning more about our favorite international cannabis markets, please send an email to email@example.com with the subject ”Favorite International Markets” to be added to our distribution list.
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