Morocco Poised to Enter Booming Global Medical Cannabis Market

The medical, cosmetic and industrial cannabis sector is booming. Experts, business circles and politicians attest to this. In Morocco, the government is about to examine a bill on the legal use of cannabis. This text deals exclusively with the therapeutic uses of cannabis, particularly for certain neurodegenerative, inflammatory diseases and palliative care for certain cancers. Experts present the kingdom’s assets in this area: a favorable ecosystem, proximity to the booming European market and the ancestral know-how of farmers.

The adoption of this bill by Parliament will allow Morocco to seize opportunities on an international scale. This implies the installation of international operators in the processing industry, followed by the development of a national industrial sector. The average annual growth forecasts for the medical cannabis market are 30% globally and 60% in Europe.

The legalization of medical, and even recreational, cannabis by 30 American states, Canada, Australia, Spain, Portugal, Italy, Switzerland, the Netherlands, Poland, Sweden, the Czech Republic, Denmark, Croatia, Greece, Cyprus, Brazil, Honduras, Chile, Colombia, Peru, Uruguay, India, China, Lebanon, Malawi, Zimbabwe, Zambia, South Africa, Lesotho, Ghana, etc. is a testament to the economic stakes. This will also help end the demand for illicit recreational cannabis.