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3 International Cannabis Markets That We Are Bullish On…

Mar 28, 2023 • 9:19 AM EDT
5 MIN READ  •  By Michael Berger
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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.

  1. 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.
  2. 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.
  3. 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 support@technical420.com with the subject ”Favorite International Markets” to be added to our distribution list.

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Any Content posted regarding a Profiled Issuer is not a solicitation or recommendation to buy, sell or hold securities. We cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. All information should be independently verified. We are not responsible for errors or omissions in our publications, and any opinions expressed are subject to change, without notice. We do not, nor are we under any obligation to undertake due diligence or investigation or authenticate and verify whatsoever regarding Profiled Issuers or any Content posted in relation thereto and we do not receive any verification from the Profiled Issuer regarding the Content we disseminate. Similarly, while we endeavor to facilitate the provision of quality information, we are not responsible for any loss or damages caused or alleged to have been caused by its use nor verify or authenticate or update such information.

This article contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs regarding future performance are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “expects”, “does not expect”, “is expected”, “believes”, “intends”, “anticipates”, “does not anticipate”, “believes” or variations of these words, expressions or statements, that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, will occur or will be realized. Such forward-looking statements involve risks, uncertainties and other known and unknown factors that could cause actual results, events or developments to differ materially from the results, events or developments expected and expressed or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, dependence on obtaining and maintaining regulatory approvals, including the acquisition and renewal of federal, provincial, state, municipal, local or other licenses, and any inability to obtain all necessary government authorizations, licenses and permits to operate and expand the Company’s facilities; regulatory or policy changes such as changes in applicable laws and regulations, including federal, state and provincial legalization, due to fluctuations in public opinion, industry perception of integrative mental health, including the use of psychedelic-assisted therapy, delays or inefficiencies or any other reason; any other factor or development likely to hamper the growth of the market; the Company’s limited operating and profitability track record; dependence on management; the Company’s need for additional financing and the effects of financial market conditions and other factors on the availability of capital; competition, including that of more established and better funded competitors; the impact of the Russia-Ukraine conflict on the global economy; the continued impact of the COVID-19 pandemic; and the need to build and maintain alliances and partnerships, including with research and development companies, customers and suppliers. These factors should be carefully considered, and readers are cautioned not to place undue reliance on forward-looking statements. Despite the Company’s efforts to identify the main risk factors that could cause actual measures, events or results to differ materially from those described in forward-looking statements, other risk factors may cause measures, events or developments to materially differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company does not undertake to revise forward-looking statements, even if new information becomes available as a result of future events, new facts or any other reason, except as required by applicable laws

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Authored By

Michael Berger

Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Technical420.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.

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