For over a decade, the ICBC has established itself as the premier global destination for cannabis industry professionals, advocating for policy modernization and celebrating cannabis culture. Its upcoming event in Barcelona is especially timely, as Spain, a country with a rich cannabis heritage, is currently on the cusp of regulatory advancements in its medical cannabis sector.
According to Euromonitor International, Spain’s cannabis market is estimated to be valued at 238.5 million euros in 2024, with the medical cannabis sector accounting for 27.3 million euros. Projections for 2025 anticipate significant growth, with overall market values expected to reach 358.4 million euros and the medical cannabis segment expanding to 107.6 million euros. These figures highlight the dynamic nature of Spain’s cannabis industry and its potential for continued growth.
The partnership between ICBC and Spannabis has a successful track record of hosting influential superconferences, and the 2024 event is set to exceed previous milestones. This superconference serves as a critical platform for industry stakeholders to converge, exchange ideas, and foster advancements in the rapidly evolving cannabis landscape.
Alex Rogers, Executive Producer of the International Cannabis Business Conference, expressed enthusiasm for the collaboration, noting Spannabis’ iconic status within the cannabis community. “Spannabis has served as the meeting point for the entire European cannabis scene for many years,” Rogers said. He emphasized the complementary nature of the partnership, bridging the gap between consumer-focused events and the business-to-business needs of the industry’s major players. This synergy is essential for driving progress and advancing the industry in light of the liberalizing cannabis laws in Spain and across Europe.
The ICBC’s alliance with Spannabis is a testament to the growing momentum for cannabis legalization and market development on the European continent. As policymakers and industry leaders gather in Barcelona, the superconference is set to catalyze discussions and initiatives that will shape the future of the cannabis industry, both in Spain and globally.
