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Новости/Аналитика

Sales of medical hemp in Italy in 2019 increased by 50%

13.04.2020

Despite the growth in indicators of the total volume of the legal market for psychoactive hemp in Germany , Italy and the Netherlands , it remains less than similar indicators in Canada .

The pages of the profile electronic publication of Ukrainian hemp breeders have already focused on “ What is interesting about the experience of selling hemp flowers in German pharmacies for the national market ”. Tracking such trends in the European hemp market , experts at the Hemp Consulting information and analytical platform, at the request of the editorial office, provided truncated information about the second largest market for the use of medical hemp in Europe - Italian .

The above chart helps to get an idea of ​​the second largest market for medical hemp in Europe in terms of sales of flowers , as well as pharmacological preparations made on the basis of the therapeutic properties of the plant . It should be noted that at the moment the sales volume of hemp products with medical properties in Italy is significantly different from similar indicators demonstrated by German consumers . At the same time, the volume of the Italian market for medical cannabis exceeded that of the Dutch market , which until 2019 was in second place in terms of sales in Europe . 

In 2019, in Italy, patients bought 861 kilograms of medical hemp , which is almost 50% more than the 578 kilograms sold in Italian pharmacies in 2018, with most of the growth in sales due to increased imports from the Netherlands .

Slightly more than 80% of the 861 kilograms of legal psychoactive cannabis , sold in Italy in 2019, was imported from the Netherlands . Deliveries were sent either directly to hospital pharmacies (subordinate to the Ministry of Health of the country ), or to several private wholesalers of pharmaceutical goods who already supply purchased products to pharmacies. It should be noted that the share of Dutch medical hemp in comparison with 2018 was insignificant, but increased (in 2018, the share of Dutch hemp raw materials amounted to about 75%).

Italy , like Germany , is now extremely dependent on imports of hemp raw materials for medical purposes to meet domestic demand. However, unlike Germany , Italy already has domestic production , which is carried out exclusively by the Ministry of Defense of the country , in particular, its structural unit, the Military Pharmaceutical Chemical Plant (Stabilimento Chimico Farmaceutico Militare, SCFM) located in Florence. For example, SCFM in 2019 was responsible for distributing 157 of 861 kilograms of medical cannabis to Italian pharmacies . 

At the same time, it should be noted that of the above 157 kg, not everything was produced directly in Italy . This is due to the fact that the SCFM leadership acquired a certain amount of hemp flowers from the Canadian company Aurora, which is the very way that it enters the market of the Apennine Peninsula , which is extremely promising from the point of view of sales . 

In early 2018, Aurora won its first tender for the supply of medical hemp to Italy , offering an average price of € 3.2 per gram. In this way, the Canadian company managed to sell about 100 kg of hemp raw material SCFM.

Given the data of Italian hemp market analysts , SCFM during 2018-2019. produced about 100 kg per year. Accordingly, the hemp raw materials provided by “Aurora” blocked the remaining volumes of the country's Ministry of Defense supplies in the leaves and inflorescences of medical hemp to Italian pharmacy chains . 

Commentary experts of the Association "Ukrainian industrial hemp"

Italy is the second largest export destination for the Dutch "Office of the medical cannabis " (Office of Medicinal Cannabis, OMC ). This Dutch government exports the flowers produced by Bedrocan, the only commercial producer of legal psychoactive hemp in the Netherlands .

“Aurora” became the sole winner of the second round, held in mid-2019, offering an average price of € 1.73 per gram for a total of 400 kg of hemp raw materials provided for use over a two-year period. 

Given the ever-increasing demand for therapeutic hemp raw materials , SCFM is expected to increase its domestic production in 2020. It should be borne in mind that of the two hemp varieties cultivated by the Italian Ministry of Defense , one of the varieties is virtually not accessible. Those. in the country there is only one national grade , has significant therapeutic properties .

Among other things, it should be pointed out that at the moment, the peculiarity of the European hemp market in Europe is the fact that, despite the growth in the aggregate volume of the legal market for psychoactive hemp in Germany , Italy and the Netherlands , it remains smaller than similar indicators in Canada .

During the next training at the “ Hemp University ” specialists of the Hemp Consulting information and analytical platform, students will be presented with several presentations at once , as separate components of the prepared “ Analysis of the potential of the medical cannabis market on the European continent ”. The following presentation materials are now ready for work :

- “The possibilities of using the therapeutic properties of technical hemp of a therapeutic orientation ”;

- “ The size of the market, as well as the legal framework governing the use of various products containing cannabinoids ”;

- “ Superprofit, predetermining lobbying by pharmacological companies for amending the legislation of Ukraine .”

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