As the marijuana business grows globally, many stock watchers and research analysts are making predictions about where the most significant investment opportunities are. Investment site The Motley Fool recently published an analysis by Keith Speights of forecasts for the 2022 marijuana market.
A lot can happen even monthly in the ever-evolving cannabis space. Here is a different analysis of it.
According to Motley Fool, its third-party market and analytical researchers projected that “marijuana sales in Germany will reach close to $1.6 billion in 2022.” Germany has more than 691,000 legal consumers in the country, in a population of approximately 82.67 million. That means less than 1% of the population consumes medical marijuana.
Considering Germany just legalized medical marijuana in 2017, its market is most likely going to expand. However, the 12,000 German pharmacies that currently stock Cronos Group’s cannabis might patriotically switch