There is growing interest in Europe’s cannabis
market, as social attitudes toward the drug change so do
Despite opportunities increasing, regulatory burdens and
jurisdictional arbitrage have resulted in slow growth.
"It is imperative that the EU comes to a harmonised position
on this issue," said Nick Pateras, European managing director
at medical cannabis distribution company Materia Ventures.
"Currently, those who want to engage with the cannabis market
have to be in tune with the nuances between countries. It is
not a simple drag-and-drop procedure for each market."
"It has become a case of waiting for government to catch
up," said Robert Jappie, a London-based head of cannabis law at
Mackrell Turner Garrett, who specialises in cannabis law.
"Regulation in this market is still underdeveloped."
There is increased interest in Europe’s
cannabis sector but obstacles still stand in the
Experts say that standardisation is...