Germany Cannabis

Vertically integrated German medicinal cannabis company DEMECAN announced the successful completion of its latest funding round on Wednesday. According to a person familiar with the matter, the new round brings DEMECAN's valuation close to 100 million euros ($109.24 million), reported Reuters. The...

In the first four weeks of the application process, only 43 applications for cannabis cultivation associations have been submitted in North Rhine-Westphalia (NRW), a state in Western Germany. With more than 18 million inhabitants, NRW is the most populous state in Germany. However, nearly all...

Medical marijuana company Bloomwell Group GmbH released a report Wednesday on Germany's private medical marijuana market. The Frankfurt-based company serves as the centralized digital infrastructure for medical cannabis distribution, consultations and treatment including via telemedicine and...

Editor’s note: The new license allows DEMECAN to increase its annual yield by 2 tons with no specified limit as opposed to increasing its total quantity. Under Germany’s new Medical Cannabis Law (MedCanG), DEMECAN has received a license that allows it to double its production capacity,...

The cannabis scene in Germany is slowly but steadily progressing. One recent proposal would significantly change the medical cannabis prescription process. The proposal comes from the Federal Joint Committee (G-BA) and concerns reimbursements for medical marijuana prescriptions under Statutory...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Monday that Aphria RX GmbH has received a trading license in Germany. What Happened The new permit will allow the Canadian cannabis giant to sell and distribute a broad range of medical marijuana products to pharmacies, hospitals, and...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY) announced on Monday that its Germany cannabis cultivation facility, Aphria RX GmbH, has obtained the first new cannabis cultivation license issued under MedCanG, Germany's new Cannabis Act. Why It Matters The new cannabis cultivation license allows...

Some European cannabis companies are already planning initial public offerings (IPOs) on the Nasdaq, encouraged by the prospect of a less restrictive regulatory environment. The potential rescheduling of cannabis to Schedule III of the Controlled Substances Act and Germany’s...

The German government wants to promote industrial Hemp. The German Federal Ministry of Food and Agriculture recently published a draft bill aimed at modernizing the policies surrounding industrial hemp cultivation and handling. The proposed Industrial Hemp Liberalization Act (NLG) is set to...

It's been more than three months since German cannabis legalization took effect and one of the biggest breakthroughs under this law is simplified medical marijuana use. David Henn, founder of pharmaceutical supplier Cannamedical told ASB Zeitung in a recent interview exactly what this means....

On July 10, Zuanic & Associates hosted a panel discussion focusing on the European cannabis market, featuring Benna Goldenberg, CEO of Organigram Holdings (NASDAQ: OGI), and Finn Age Hansel, CEO of Sanity Group. Senior analyst Pablo Zuanic led the discussion, which centered on the companies...

On Monday, July 8, Germany opened its first cannabis social club, just about one week after the law allowing these places took effect. Lower Saxony Minister of Agriculture Miriam Staudte announced that the permit was awarded by her office to Social Club Ganderkesee. The news comes some two months...

Germany finally opened its first marijuana social club on Monday. Lower Saxony Minister of Agriculture Miriam Staudte announced that the permit was awarded by her office to Social Club Ganderkesee. The news comes about a week after cannabis clubs became legal in Germany on July 1, 2024. The new law...

“The world is a book and those who don't travel read only one page.” Saint Augustine Summer is here and it's time to pack your bags and do some sightseeing. Why not head over to Europe, which according to UN Tourism is the most popular tourist destination in the world. In 2023 alone,...

Germany has taken a huge step in cannabis regulation, legalizing cannabis clubs as of July 1, 2024. Each club can have up to 500 members who can grow, share and enjoy cannabis together. Each member can receive up to 25 grams per day and 50 grams per month. But, as with many new policies,...