Blog

News
Australia's Medical Cannabis Revolution
Australia’s Medical Cannabis Revolution: A $1.2B Market by 2028

Australia’s Medical Cannabis Revolution: A $1.2B Market by 2028

Australia’s medical cannabis market is projected to double from $600 million in 2024 to $1.2 billion by 2028, driven by increased patient access, telehealth services, and growing domestic production. Despite regulatory challenges, Australia is poised to become a global leader in the industry, with expanding exports and ongoing discussions about broader cannabis legalization.

News
2024 Canadian Retail Insights

2024 Canadian Retail Insights

Neobi is excited to contribute to this year’s CCX Annual Report with data driven insights derived
from several of our data sources. The Extracts category saw strong early-year growth but
declined in Q4, likely due to seasonal demand or competition. Innovative product variations and
strategic pricing adjustments could help sustain interest and improve market share.