This European Country Could Lose $242M A Year If It Doesn't Regulate Its Marijuana Market, Study Finds
Portfolio Pulse from Jelena Martinovic
The Czech Republic could miss out on $242 million annually by not regulating its marijuana market, according to a study. The study suggests that a comprehensive model, including self-cultivation, cannabis clubs, and a commercial market, would yield the highest social benefits. Companies like Curaleaf, PharmaCielo, Tilray, and Canopy Growth are already expanding their presence in the Czech market, potentially benefiting from future policy changes.
September 16, 2024 | 2:00 pm
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POSITIVE IMPACT
Canopy Growth Corporation's medical brands are active in the Czech Republic, potentially benefiting from future cannabis market regulation.
Canopy Growth's existing presence in the Czech Republic positions it to benefit from potential regulatory changes in the cannabis market.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Curaleaf Holdings Inc. is expanding in the Czech Republic, potentially benefiting from future cannabis market regulation.
Curaleaf has expanded its presence in the Czech Republic through a supply agreement, positioning itself to benefit from potential regulatory changes in the cannabis market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
PharmaCielo Ltd. made its first shipment of THC-dominant cannabis to the Czech Republic, potentially benefiting from future market regulation.
PharmaCielo's entry into the Czech market with THC-dominant cannabis positions it to benefit from potential regulatory changes.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Tilray Brands, Inc. expanded its European footprint in the Czech Republic, potentially benefiting from future cannabis market regulation.
Tilray's expansion in the Czech Republic through a new partnership enhances its position to benefit from potential regulatory changes in the cannabis market.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75