As the home to some 4.5 billion inhabitants and the fastest growing economy for the next decade, Asia is the worlds most populous region. With a sizeable population and rising standards in education come valuable market opportunities, and the international cannabis industry is keeping a close eye on legislative developments throughout the region.
Only 2% of people use cannabis annually in Asia, the continent with the most population. Asia is a crucial market in the long-term expansion ambitions of producers, investors, and operators since this translates to an estimated 85.5 million potential cannabis users
By 2024, the medicinal industry alone could be worth up to US$5.8 billion as the traditionally conservative attitude toward marijuana starts to change. The report investigates: