Millions of patients to benefit from medical cannabis in Europe, experts predict

Millions of patients to benefit from medical cannabis in Europe, experts predict
Cannabis Health News

New data shows that the dispensing of medical cannabis products in the UK increased significantly in 2021, as experts predict millions of patients could benefit. Exclusive data obtained by Prohibition Partners from the NHS shows a 425 per cent increase in dispensations of unlicensed medical cannabis products in England in 2021. It comes as the cannabis industry experts have predicted that around 100,000 patients will be able to access medical cannabis products in Europe for the first time in 2022. This brings the total number of patients in Europe to 341,595, a number that could rise to 1.6 million by 2026, according to new research findings.  If the latest figures are correct, the UK could constitute about a quarter of the entire European medical cannabis market by 2026.  There are now close to 20 private clinics and over 10,000 medical cannabis patients in the UK, prescribed the medicines for a range of conditions, including anxiety and chronic pain.  Elsewhere in Europe  Sales forecasts for the medical cannabis market in Europe suggest that €353 million-worth of medical cannabis will be sold on the continent in 2022, rising to €2.3 billion by 2026 – a potential 544 per cent increase over the forecast period. Many countries in Europe have continued to improve their medical cannabis access schemes over the last 12 months, after a slow-down due to the COVID-19 pandemic. In Germany, the largest medical cannabis market in Europe, the market continued to grow steadily in 2021, with a 43 per cent increase in sales of medical cannabis to pharmacies. Over 100 types of medical cannabis flower are now also available to patients in Germany. As of March 2022, 15 countries in Europe allow for the commercial production of medical cannabis. Further progressive legislation, liberalisation and development of a mainstreaming cannabis industry…

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