Germany Cannabis

Recreational cannabis sales will launch in Hannover and Frankfurt next year under a pilot program set to last five years. The German news service Tagesschau reported that the mayor's office said that around three such stores will open in Hannover, according to Benzinga’s translation. A...

Even though Germany partially legalized cannabis on April 1, allowing people over 18 to possess up to 25 grams of dried cannabis and cultivate up to three plants at home, most marijuana consumed still comes from the black market. The reason for this could be a combination of the slow roll-out of...

One of the best-selling pizzas from a Düsseldorf pizzeria had a special side dish: cocaine. On the menu, the slice was called "pizza No. 40" and was apparently quite popular. Criminal director Michael Graf von Moltke confirmed to reporters in Düsseldorf that it was one of the best selling pizzas,...

Cantourage Group SE reported its financial results for the period from July 1 to September 30 revealing a new record quarter in the company's history. The Berlin-headquartered cannabis company posted revenue of EUR 13.2 million ($14.32 million). Last month, the company announced that it had...

New report on Germany's cannabis market by Prohibition Partners reveals that German medical marijuana sales are projected to reach €420 million euros in 2024 ($260.66 million) reaching €1 billion by 2028. Prohibition Partners is a data, media and tech company operating in the legal cannabis...

The Benzinga Cannabis Capital Conference brought together global cannabis leaders, including Finn Hänsel, managing director and founder of Sanity Group. Sanity Group is one of the leading cannabis companies in Germany, focusing on medicinal cannabis, CBD wellness products, and adult-use cannabis....

In a global cannabis market brimming with potential, where should businesses focus their attention? Experts from the Benzinga Cannabis Capital Conference examined the profitability and growth prospects across Europe, Australia, Southeast Asia, and Canada, with Germany standing out as the market...

First cannabis cultivation association license in North Rhine-Westphalia (NRW) western Germany has been is approved by Detmold district. With more than 18 million inhabitants, NRW is the most populous state in the country. Across the state, 80 applications are pending, and many are incomplete,...

Spain Unveils Framework For Prescribing Cannabis-Based Medications Spain’s Ministry of Health revealed this week a draft royal decree for public consultation, outlining the suggested regulations for prescribing cannabis-based medications, reported Business of Cannabis. The news comes after...

The ambitious Pillar 2 plan—central to Germany’s cannabis legalization strategy—faces potential abandonment due to mounting political and bureaucratic challenges. Key pilot projects for the controlled sale of adult-use cannabis are now at risk, driven by political shifts within Germany and...

Flora Growth Corp. (NASDAQ:FLGC) announced Wednesday a supply agreement with Blossom Genetics to bring Colombian medical cannabis to the German market. What Happened: This collaboration will introduce two strains, Chemmy Jones and Northern Lights, to the European country. The move follows the...

InterCure Ltd. (NASDAQ:INCR) has shown resilience in its H1 2024 performance despite facing significant challenges, according to equity research by Pablo Zuanic of Zuanic & Associates. The company reported revenues of 126 million NIS ($33.97 million), surpassing the estimated 121 million NIS. ...

Frankfurt-based medical marijuana company Bloomwell Group Gmbh released a survey on cannabis consumption in Germany showing 94% of respondents use cannabis for at least one health reason. Stress relief was the most common reason (60%), followed by sleeping disorders (50.4%) and pain relief (35%). "...

Germany’s cannabis legalization law applies retroactively. This means that people who were arrested for possessing up to 25 grams of weed and are still in jail should be released. The law took effect on April 1st, but how many prisoners have been freed since then? Only a few have been...

The world-renowned German automobile manufacturer Volkswagen (OTCPK:VWAGY) could soon be changing the way it produces its faux leather. What Happened: The second largest auto maker in the world by vehicle sales partnered with the German start-up Revoltech GmbH to research and develop sustainable...