New projections from Prohibition Partners suggest legal sales of recreational cannabis will double in the next three years as policy reform gains global momentum and new markets develop in Europe.

Estimated by the cannabis data and intelligence firm to be worth US$24.9 billion this year, global sales of recreational cannabis are forecast to reach $49.7 billion by 2027.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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