With the mission to produce and distribute premium products internationally in the medical cannabis market to help medical patients and the general population, Alkannoli is opening its office in Berlin and is ready to enter the market in Germany.
The Size of the Medical Cannabis Market in Europe is valued at USD 4.96 billion and is also expected to reach USD 13.37 billion by 2027, projected to grow at a decent rate of CAGR 21.96% during the forecast period 2022 to 2027. The German Medical Cannabis market is predicted to play the leading role in the European market during forecast period. In 2017, Germany made some amendments to its regulations on the use of cannabis products. It is observed that the patient population has been receiving medical cannabis products, as per the records, 2019, 1000 people to more than 60,000 has increased the usage of medical cannabis products.
Source: https://www.marketdataforecast.com/market-reports/europe-medical-cannabis-market
