They write.. 2020 has been a yr of firsts, not least for the hashish trade. There have been some main optimistic developments together with some setbacks too. The yr ended with the UN making its largest shift in hashish coverage because the creation of the worldwide prohibition framework, by recognising the medical potential of hashish, and with a flurry of trade exercise.
Hanway has been concerned in some thrilling firsts for the hashish trade. We assisted an applicant in winning the tender for one of the first 10 legal licences to domesticate leisure hashish in Europe, alongside our mates at Blume. At lengthy final the Netherlands is taking step one to legalising and legitimising hashish cultivation for grownup use. With retail coffeeshops already in place with current prospects, the Netherlands is in a chief place for a speedy roll out avoiding any of the implementation points Canada or Uruguay confronted.
The yr began off with a bang as we announced the entry of Savills into the market via our new three way partnership – Crop17. This enterprise brings collectively the experience of Cambridge HOK, Savills, Subrosa & Hanway to supply an finish to finish service for these seeking to enter the hashish market. Along with our partnership with Agritech E to supply content material and assist for these within the agritech discipline hashish alternatives, Hanway can now provide a full suite of recommendation and assist on this space.
Hanway accomplished its sale of Cannabis Europa in November 2019. This marks our first profitable exit of an organization we incubated and is the mannequin that we’ll look to construct upon in 2021 as we start to focus extra on launching and working ventures that repair issues in markets created by altering laws.
First Wednesdays month-to-month meetups in London, Paris and Amsterdam have been placed on ice to assist forestall the transmission of Covid-19. Unable to see all of your pretty faces within the flesh, we’ve pivoted the organisation to offering extra assist for entrepreneurs seeking to construct companies and lift capital within the European hashish sector. The FW European Medical Cannabis Ecosystem (EMCE) report was the primary detailed mapping of the European hashish trade panorama.
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They have additionally printed
The European Medical Cannabis Ecosystem – Mapped
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