Alexandra Curley, head of insights with Prohibition Partners, is encouraged by the direction of cannabis legalization across the globe.


During the MJBizConINT’L event in Toronto, Curley talked to the Investing News Network (INN) about the work Prohibition Partners does to track the progress of cannabis across the globe. The British researcher also shared her perspective on emerging markets and the role of critical countries such as the UK and Australia.

Prohibition Partners creates market insight research based on data from the global marijuana industry. Most recently, the firm published reports on the entire North American cannabis market.

When asked if the recent souring on the public cannabis markets for North America offers a possibility for the international play to gain prominence in the minds of investors, Curley said recent joint ventures and deals make this achievable.

“I think with legalization (trends) happening across Europe, Africa, Asia and Oceania, there’s definitely opportunities for established players to expand their footprint,” she told INN.

When it comes to the Australian cannabis market, Curley lauded the country for having a system in place to facilitate the prescription process for patients.

“What is very interesting with Australia is that the country is basically trying to get some of those stumbling blocks out of the way to ensure a smooth transition to incorporating medicinal cannabis into the pharmacopoeia,” she said.

Curley said companies in Australia are emboldened and believe they can compete with some of the established Canadian giants.

The researcher is encouraged by the legalization efforts across the world, including Luxembourg vying to completely legalize cannabis. Additionally, she expressed interest in the legalization progress for New Zealand and South Africa.

Curley was a speaker during a panel evaluating the sizes of these international markets, markets that so many companies and industry players promise investors will pay off.

The panel — which included Kay Tamillow, director of research with the Brightfield Group — spoke about how, in the US, the shift in legalization has moved from the west to the east as the country prepares to the see the entry of programs from Illinois and Ohio. While New York state failed to introduce its full legalization this year, the state still decriminalized the drug.

Watch the interview above to hear the rest of Curley’s comments from the cannabis event.

Don’t forget to look for the rest of our coverage of MJBizConINT’L, with exclusive interviews and more insights from the show. You can also follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

World High Life Plc (“World High Life” or the “Company”)(AQSE:LIFE) (OTCQB:WRHLF), is pleased to announce that it has appointed H&P Advisory Limited (“Hannam & Partners”) as financial advisor to the Company with immediate effect

About Love Hemp

Keep reading... Show less

Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ retail stores, today announced that its executive team will participate in the following conference in March 2021:

Needham 2 nd Annual Virtual Cannabis Conference, March 3, 2021: Management will participate in one-on-one meetings.

Keep reading... Show less

In the cannabis space this week, retailer Fire & Flower Holdings (TSX:FAF,OTCQX:FFLWF) told investors it will be entering the US market through a novel strategic action.

Meanwhile, two longstanding cannabis partners ended their relationship.

Keep reading... Show less

Trulieve to donate $20,000 in scholarship funding and $15,000 to support leadership development

Trulieve Cannabis Corp . (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States today announced a new partnership with the Thurgood Marshall College Fund (TMCF), the nation’s largest organization exclusively representing the Black College Community. Trulieve will donate $20,000 to help fund several college scholarships awarded to students who are attending one of the organization’s member-schools as part of Trulieve’s diversity, equity, and inclusion initiatives. The $15,000 in talent funding is earmarked to support TMCF’s internship program, reaching a diverse talent pool of students and alumni from their 47 member-schools to provide immersive experiences at Trulieve.

Keep reading... Show less

The new dispensary expands patient access to Florida’s largest inventory of medical cannabis products

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company based in the United States announced today the opening of a brand-new Florida dispensary, the Company’s 80th nationwide. The new location marks the Company’s first in Tamarac and third in Broward County expanding patient access to Florida’s largest and broadest assortment of high-quality medical cannabis products.

Keep reading... Show less