Morocco’s Strategic Play: Capturing the European Cannabis Market
In 2021, Morocco legalized cannabis for medical, pharmaceutical, and industrial uses, positioning itself as a future heavyweight in the European market.
The journey began this year with its first legal shipment to Switzerland. Yet, the road ahead brims with obstacles, including strict regulations, soaring costs, and unpredictable climate impacts.
Once notorious as a global hub for illegal cannabis—producing 23,000 tons in 2021, per United Nations data—Morocco is pivoting.
The goal is to replace black-market operations with legal ones, providing farmers with better prices and conditions.
Legal growing areas now span 3,000 hectares across regions like Al-Hoceima, Chefchaouen, and Taounate, supporting over 3,300 legal producers.
The transition hasn’t been smooth. The 2023 harvest yielded just 296 tons, 20% below expectations, mainly due to severe heat waves.
In contrast to Europe’s greenhouse cultivations, Moroccan crops are left vulnerable to the whims of the weather. The costs mount further with seed imports from Europe.
Moroccan Cannabis Industry Growth Amidst Challenges
The National Agency for the Regulation of Cannabis-Related Activities (ANRAC) recommends shifting to the local “beldiya” strain, a less water-intensive option expected by 2025.
Despite these challenges, the sector’s potential remains vast. Investors, eyeing a market projected to exceed $50 billion by 2028, are flocking to Moroccan ventures.
About 200 operators, including French firms, have teamed up with local cooperatives.
Innovations are brewing on the product front too. The Bio Cannat Cooperative has launched ten THC-free CBD products.
Meanwhile, pharmaceutical giant Sothema is developing treatments for severe ailments like cancer, aiming for a market debut by 2025.
With ambitions to claim 10 to 15% of the European market, Morocco leverages the continent’s expanding legalization landscape—already 21 EU nations permit medical cannabis.
The Moroccan Federation of Pharmaceutical Industry and Innovation projects revenues reaching up to 600 million euros annually within four years.
ANRAC sees a future where Moroccan cannabis branches into sectors as diverse as aviation and pet care, redefining the plant’s role in global industries and beyond.
More: Morocco news in English, every day from The Rio Times.
This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error
Part of our ongoing coverage
Africa: The New Scramble — the great-power contest over the continent.