Spending on legal cannabis worldwide is expected to reach nearly $50 billion by 2026 at a compound annual growth rate (CAGR) of 16% from 2020 and hit $57 billion by 2030. The recreational cannabis market will cover about 67% of the spending while medical cannabis will take up the remaining 33%. The North America legal cannabis market amounted to about $33.6 billion in 2023 with a year-to-year growth rate of 10% and is projected to grow to $46.5 billion by 2027.
While there are 39 million people in Canada and 340 million in the United States, the European Union is home to almost 450 million. The most populous EU Member State is Germany (83 million, 18% of the EU total), followed by France (68 million, 15%), Italy (59 million, 13%), Spain (47 million, 10%) and Poland (38 million, 8%). The population of Great Britain is estimated at approximately 68 million people. The current population of Switzerland is 9 million people and Norway has another 5 million.
Reports prepared by London-based advisory group Prohibition Partners value the European legal cannabis market at €354 million in 2022 and €516 million in 2023. Total cannabis sales are forecast to grow with a CAGR of 45% to reach €2.1 billion by 2027.
Europe Cannabis Business Plan Sample. Table of Contents.
EXECUTIVE SUMMARY
Project Scope
Market Opportunities
Start-up Summary
Financial Projections
COMPANY DESCRIPTION
MARKET OVERVIEW
Global Market Overview
European Cannabis Market
Brief Country Market Overview
Cannabis Sector Projections and Perspectives
SWOT Analyses
STRATEGY & IMPLEMENTATION
Marketing Plan
Cannabis Directories
Competition
Target Customers
Sales Forecast
OPERATIONAL PLAN
Location/Facilities
Cultivation Method/Equipment
Physical Security Plan
Quality Assurance
Packaging and Labeling
Transportation
Tracking Solution
ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
Funding Analyses
Direct and Operational Costs
Profit & Loss Forecast
Cash Flow Statement
Balance Sheet
Main Ratios
APPENDICES
Income Statements, monthly
Cash Flow Statements, monthly
Floor Plans
We offer professional cannabis business plan templates, including pro forma financials and projections to help you know how much money it will cost to start your business and how much money you can make by starting and operating your 100% legally compliant cannabis business. The Cannabis Business Plan Template includes: Excel financial model that you will be able to edit and customize according to your business needs Word business plan document template, open and editable PowerPoint pitch deck template, open and editable Unlimited support (email)
Europe Cannabis Business Plan Sample (Germany)
Europe Cannabis Pitch Deck Sample (Portugal)
Europe Cannabis Financial Model Sample (Germany)
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