Medical cannabis: Morocco to target European market
The ministry said the priority markets of Moroccan medical cannabis are Spain, the Netherlands, and the UK
Wednesday, May 5, 2021
Morocco’s Ministry of Interior developed a study, showing the country’s interest to prioritize the European market in terms of the supply of medical cannabis. The ministry presented a feasibility study to the Committee for the Interior, Local Authorities, and Urban Policy in the House of Representatives, showing that the annual net income from cannabis for medical use could reach MAD 110,000 ($12,316) per hectare. The study stipulates that the annual net income represents an improvement of 40% compared to the current numbers. The study also outlines the expectations of the share of Moroccan production in the European market. (See also: Légalisation du cannabis : revenus potentiels, marchés cibles... que dit l’étude de faisabilité du ministère de l’Intérieur ?)
