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RavenQuest BioMed (CSNX:RQB) Establishes a Solid Base in What is Set to Become the Biggest Cannabis Market in the World Alessandro Bruno | 18 hours ago Portugal has adopted clear legislation regulating the use of cannabinoids and other substances since January 2019 (pharmacies have started to sell prescription based medical cannabis products since July 2019). In 2019, a cannabis store opened in Lisbon, with more to follow; yet, Portugal represents a mere base from which to export throughout Europe, where RavenQuest clearly expects tremendous results thanks to its JV agreement with Biocare. It’s no wonder the country, a full EU member with direct and duty-free access to the entire EU market – has attracted many international cannabis industry leaders and stakeholders. The European Cannabis Report predicts the cannabis market (THC alone – CBD, or cannabidiol does not require regulation as it’s not a psychoactive substance like THC) in Europe could reach a value of some 123 billion Euros (about USD 140.0 billion) alone, making it the single largest market in the world – 70% of this would go to the pharmaceutical side of the business and the remainder to the recreational. In 2019 alone, Over the past twelve months, the European cannabis industry has grown tremendously as six countries have announced new legislation that supports the cultivation, processing and sale of cannabinoids, stimulating investmen https://midasletter.com/2019/09/ravenquest-biomed-csnxrqb-es… |
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| aus der Diskussion: | RavenQuest Sofa |
| Autor (Datum des Eintrages): | sir_krisowaritschko (06.09.19 13:15:31) |
| Beitrag: | 1,324 von 1,708 (ID:61427018) |
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