Russian tanks rolled into Ukraine in February/March 2022, and no one cared whether the cannabis industry was affected by the War. Then, February, 2026, the U.S. and Israel attacked Iran. These events created worldwide uncertainty concerning food, fertilizers, and energy (oil). Worldwide, prices for food and energy have gone up. The prices for these consumer goods rose because goods and oil cannot get out of the Strait of Hormuz, the outlet from the Persian Gulf to the ocean. So, as a result, cannabis cultivation and legalization across Europe has been greatly effected by the war perpetrated on Ukraine and Iran. Germany has legalized cultivation and sale of marijuana in 2024. Clearly, the Ukraine war effects the cannabis industry. Just how do the wars effect the cannabis industry? Read on and find out.
Supply Chain Effected by Ukraine War
High Times magazine published an article in February 2022, that speculated about the effects the Ukraine war would have on the European cannabis industry. Now four years later we can determine if they were correct. The early concerns were about supply chain issues. Logistics was another issue. The cannabis industry needed, and used, considerable resources. Resources like water, electricity, fertilizer, and transport are necessary. Supply chains played a big role in getting those resources to the cultivators. Proper resources are necessary to grow medical cannabis. Patients across Europe rely on medical cannabis for their cancer treatments. Cannabis treats many ailments. The research and data exists. Especially on this site. Explore us and see the latest cannabis research.
Global Effects of the Ukraine War
The global effects of the Ukraine and Iran wars are many. All aspects of world trade, personal security and tourism are affected. Before Russia’s illegal invasion of Ukraine, Ukraine had the largest hemp farm industry in Europe. Additionally, Ukraine was on the road to reform and legalization for use of medical cannabis. Before the U.S. and Israel attacked Iran the Strait of Hormuz was open and several million barrels of oil passed through there daily. In addition, several hundred ships a day carried necessary goods to all ports around the world. The flow of supplies across countries is slow, unpredictable and inconsistent. The hemp farm industry, like all farms, lack the resources necessary to grow medical grade cannabis.
What to Read Next
The article goes into great detail about possible effects of the war on the cannabis industry. It is a must read. Very informative. Check out the full text of this article!