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Tag: Germany

70% Of Surveyed Germans View CanG Law As ‘Positive Or Neutral’

Earlier this year German lawmakers adopted a historic adult-use cannabis legalization measure (CanG), with the first provisions of the new cannabis law taking effect on April 1st. Germany is the largest nation to ever adopt recreational legalization.

The only other countries to adopt an adult-use legalization measure before Germany are Uruguay (2013), Canada (2018), Malta (2021), and Luxembourg (2023). South Africa has since adopted its own adult-use legalization measure.

Adults in Germany (18 years and older) can now legally cultivate, possess, and consume cannabis for recreational purposes. Additionally, starting on July 1st, adults in Germany can join cultivation associations from which to source cannabis legally.

Leading up to the passage of legalization in Germany cannabis opponents in the European nation predicted doomsday scenarios if/when the country adopted adult-use reform. That fearmongering has continued post-legalization.

Unfortunately for cannabis opponents in Germany, and fortunately for sound public policy and logical reasoning, a supermajority of respondents in a recent survey in Germany hold a positive or neutral view about the cannabis public policy change.

“According to a recent representative survey by the Björn Steiger Foundation, 61 percent of Germans have never consumed cannabis, or at least not in the last 12 months. In the new federal states, the figure for never-consumers is almost 50 percent, which is almost 10 percent higher than the figure in the old federal states.” stated the Björn Steiger Foundation regarding its recent survey.

“Around 70 percent of respondents see the partial legalization as positive or neutral, with male respondents showing significantly greater approval.” the organization also stated.

One of the claims made by cannabis opponents leading up to the launch of legalization was that legalization would lead to a substantial spike in cannabis use in Germany. However, the Björn Steiger Foundation found that “only eight percent of respondents want to consume more or even consume for the first time in light of the new legislation.”

Even if survey data demonstrates a spike in cannabis use post-legalization in Germany, such data needs to be put into proper context. Before cannabis became legal in any jurisdiction, consumers were less likely to tell surveyors that they consume cannabis given that it could have resulted in criminal prosecution.

A ‘spike’ in cannabis usage rates in Germany could very well be indicative of more people being willing to admit to their established cannabis use rather than people trying cannabis for the first time.

There appears to be no ‘buyer’s remorse’ in Germany when it comes to legalization, which is not exactly shocking given that the same is true in other jurisdictions that legalized before Germany. According to a recent poll conducted by Research Co., a strong majority of Canadians (54%) were still in favor of legalization five years after the nation’s policy change.

Over 178 Applications Received For German Cannabis Cultivation Associations

Starting on July 1st, 2024, aspiring cannabis cultivation association operators can apply with their local regulatory authorities to try to open facilities. The nation’s first cannabis cultivation association application was approved in the district of Oldenburg last month.

Cannabis cultivation associations will serve as a major foundational component of Germany’s legalization model for the foreseeable future. Cultivation associations, which are also legally operating in Malta, involve up to 500 members cultivating cannabis to be distributed to association members.

Additionally, cultivation associations can conduct other cannabis activities, such as selling cannabis clones and seeds to home cultivators. Associations, home cultivation, and eventually regional adult-use pilot trials, are the legal channels from which adult consumers can source their cannabis in Germany.

Bureaucratic delays have slowed the process of launching cannabis associations in various parts of Germany, however, the flow of applications is starting to pick up in some regions. The German Cannabis Business Association (BvCW) provided the following status update in its most recent newsletter (translated from German to English):

  • North Rhine-Westphalia : 32 applications were submitted here by 18 July.
  • Baden-Württemberg : The Freiburg Regional Council had received 38 applications by July 31.
  • Bavaria : By July 29, 16 applications had been received by the Bavarian State Office for Health and Food Safety. The majority of the applications came from smaller towns.
  • Rhineland-Palatinate : Here, 13 applications were submitted to the State Office for Social Affairs, Youth and Welfare. Here, too, most of the applications came from small towns and villages.
  • Hesse : The Darmstadt Regional Council has received nine applications, including five from small towns and three from large cities.
  • Saxony , Schleswig-Holstein , Hamburg : Seven applications were submitted in each of these federal states.
  • Brandenburg : So far there have been five applications, three of which come from small towns.
  • Thuringia : Four applications were received here.
  • Saxony-Anhalt : The State Office for Consumer Protection is currently processing four applications, three of which are still incomplete.
  • Mecklenburg-Western Pomerania : The Ministry of Agriculture and Consumer Protection has received two applications.
  • Bremen : The first application was submitted to the Senator for Health, Women and Consumer Protection.
  • Saarland : An application has also been submitted here.
  • Lower Saxony: Lower Saxony, of all places, was not mentioned in the PZ article. As reported in the BvCW newsletter, 20 applications were counted there and the first (at least) three were approved.

“In Berlin, the situation is more complicated: the responsibility for processing the applications has not yet been clarified. The district administrations accept the applications, but do not process them until a jurisdictional regulation is in place. This delay is causing dissatisfaction among the clubs, as they are already bearing rental costs without their applications being processed.” BvCW stated about efforts in Germany’s largest city.

In a recent nationwide survey conducted in Germany by Pronova BKK, 44% of self-reported ‘regular’ cannabis consumers indicated that they plan to join one of the country’s cannabis cultivation associations once they launch in their area. Another 27% of ‘occasional’ cannabis consumers also indicated that they plan to join an association.

German Medical Cannabis Imports Rose 51% In The Last Year

Germany’s legal medical cannabis industry was already the largest in Europe before the first provisions of adult-use legalization took effect on April 1st, 2024, and thanks to the recent removal of cannabis from Germany’s Narcotics List, the nation’s medical cannabis industry is set to surge.

Still, Germany imports a considerable amount of medical cannabis products from other countries, particularly from Canada. According to a recent social media post by international cannabis expert Alfredo Pascual, medical cannabis imports have increased significantly over the last year:

In 2023, Germany imported 31,398 kilograms of medical cannabis products according to data from Germany’s Federal Institute for Drugs and Medical Devices (BfArM), a 26.2% increase compared to the prior year. In 2022 Germany imported 24,876 kilograms, compared to 20,771 kilograms in 2021, 11,746 kilograms in 2020, and 8,057 kilograms in 2019.

Roughly 50% of imported cannabis to Germany in 2023 originated from Canada compared to 40% the previous year. In the first half of 2024, 56% of medical cannabis product imports to Germany originated from Canada.

Starting in 2017, Germany legalized the use of 14 different varieties of cannabis flower for patients with severe debilitating diseases and no other treatment options. The legal medical cannabis products have been distributed through German pharmacies ever since. However, it wasn’t until 2019 that Germany allowed medical cannabis to be produced domestically, with the European nation’s medical cannabis industry initially relying solely on medical cannabis imports.

Three companies were chosen in 2019 to produce medical cannabis within Germany. The companies were capped at 10,400 kilograms of product production over the course of a four-year span. With the new CanG law taking effect, that quota system has since gone away. More companies can now apply to cultivate medical cannabis within Germany’s borders, and that will presumably impact Germany’s medical cannabis imports.

German Cannabis Legalization Is Here To Stay

With a population of over 83 million people, Germany is currently the largest country to adopt a national adult-use cannabis legalization measure. The first provisions of Germany’s historic CanG legalization law took effect on April 1st, 2024, with adults 18 years old and older now permitted to cultivate, possess, and consume recreational cannabis.

Unfortunately, not everyone is happy with the implementation of the new law. Leading up to the legalization implementation date in Germany, the nation’s conservative opposition vowed to overturn the policy change if/when they gained control of Germany’s government.

“In our view, drugs policy, particularly with respect to protecting young people, is an issue of such central significance that we will revoke the legalization of cannabis in the event we take power,” lawmaker Thorsten Frei previously stated at the time. “In any possible coalition talks, [the rolling back of the legislation] will be a firm standpoint for us.”

“It’s an illusion that the law allowing cultivation for personal use will drain the black market. It’s not the case that every consumer will grow their own or join a so-called social club,” he also said.

Cannabis opponents like Thorsten Frei, who continue to spread prohibitionist talking points in Germany, seem to completely disregard the fact that Germany already had a public policy approach like the one that opponents are demanding, and that approach to cannabis public policy failed miserably.

Under prohibition, the unregulated market had 100% control of the domestic cannabis industry, which is why calls to return to it under the premise that ‘legalization does not completely eliminate the unregulated market’ is disingenuous at best. That point is not lost on Germany’s Health Minister Karl Lauterbach:

“⁦@_FriedrichMerz wants #Cannabis to return to the monopoly on supply for the black market. He rejects legal alternatives, such as the Mocro Clan. Voters are being taken for fools when people say: if there is a ban, no one will smoke weed anymore. We had a ban, but it never helped” stated Karl Lauterbach in a recent social media post (translated from German to English).

Whether cannabis opponents in Germany like it or not, legalization in Germany is already showing signs of working. Personal cannabis cultivation is already proving to be very popular with adult consumers in Germany, as reflected by a recent YouGov poll which found that 7% of poll participants indicated that they had already purchased cannabis clones or seeds since legalization took effect. Commercial sales of cannabis clones and seeds were legalized in Germany as part of the nation’s new cannabis law (CanG).

In addition to the 7% of poll participants indicating that they had already purchased cannabis clones or seeds, another 11% of poll participants responded that they plan to purchase cannabis clones or seeds in the future. That increased rate of home cultivation in Germany directly combats the unregulated market.

Another major component of Germany’s legalization model involves permitting adults to join cultivation associations from which to legally source their cannabis. Starting last month, regulators in Germany began accepting applications for cultivation associations.

In a recent nationwide survey conducted in Germany by Pronova BKK, 44% of self-reported ‘regular’ cannabis consumers indicated that they plan to join one of the country’s cultivation associations once they launch in their area. Another 27% of ‘occasional’ cannabis consumers also indicated that they plan to join an association.

Much like the rise in home cultivation, associations will further erode Germany’s unregulated cannabis market. The eventual launch of regional adult-use cannabis commerce pilot programs later this year will also further combat Germany’s unregulated market.

The unregulated cannabis market in Germany will never be 100% eliminated, just as the unregulated market for tobacco and alcohol products will never be completely eliminated. However, that is not to say that cannabis policy modernization efforts are not worth it.

According to a 2021 report from Heinrich Heine University Dusseldorf, Germany should save 1.05 billion euros annually by no longer enforcing cannabis prohibition, in addition to judiciary savings of 313 million euros per year. Whether someone consumes cannabis or not, they should realize that cannabis prohibition is a colossal waste of limited public resources, and a more sensible approach to cannabis policy is the right move.

Cannabis opponents in Germany seem to be predicting a potential legalization ‘buyer’s remorse’ on the horizon, but if Germany is like other jurisdictions that have legalized recreational cannabis, the prediction by cannabis opponents will not materialize.

According to a recent poll conducted by Research Co., a strong majority of Canadians (54%) were still in favor of legalization five years after the nation’s policy change. In the United States, youth cannabis consumption rates have plummeted in the last decade as more jurisdictions have modernized their cannabis policies to permit regulated sales.

By every measure, legalization is superior to prohibition, and most German citizens will no doubt recognize that fact as time goes on.

German Federal Ministry Of Food And Agriculture Publishes Draft Industrial Hemp Bill

According to the German Cannabis Business Association (BvCW), the German Federal Ministry of Food and Agriculture has published a draft industrial hemp bill that would modernize policies pertaining to the cultivation and handling of industrial hemp in Germany.

“The aim of the planned Industrial Hemp Liberalization Act (NLG) is to eliminate legal uncertainties and create new fields of activity in the industrial hemp sector. The draft deletes the intoxication clause (“abuse clause”) and allows the indoor cultivation of industrial hemp. This is intended to promote sustainable raw materials and support climate protection. However, the regulation excludes the consumption of cannabis products for intoxication purposes.” BvCW stated in an email this week (translated from German to English).

“The plan is intended to provide greater legal certainty and more fields of activity for the industrial hemp sector. Cannabis products intended for consumption for intoxicating purposes, so-called edibles, will not be permitted under the Industrial Hemp Liberalization Act.” the measure states (translated from German to English).

“The plan will in particular remove the so-called abuse clause and eliminate the associated legal uncertainty when dealing with industrial hemp. In addition, the indoor cultivation of industrial hemp will be permitted as a new field of activity.” the measure also states.

The Industrial Hemp Liberalization Act also points out that “there are no alternatives to the plan, because agricultural subsidies such as direct payments from the European Union for areas on which industrial hemp is grown have not led to the hoped-for increase in the area under cultivation in Germany.”

“In order to promote industrial hemp in Germany, the possibilities for cultivation must be expanded and the requirements for handling industrial hemp must be relaxed.” the bill’s text states.

In May 2024 at the last parliamentary evening in the House of Agriculture and Food Industry, Federal Agriculture Minister Cem Özdemir (Greens) spoke publicly in favor of modernizing Germany’s hemp policies. Part of Minister Özdemir’s public statements included the announcement of the abolition of the intoxication clause.

“Imagine if dealers and producers of non-alcoholic beer were subjected to raids and punished because they could distill a schnapps from the remaining alcohol. In practice, such a complex extraction does not take place with industrial hemp,” said BvCW managing director Jürgen Neumeyer at the time. “This senseless noise clause has increasingly led to economic damage and bankruptcies in recent years. The abolition is urgently needed and we are therefore very pleased! This is an important step towards re-establishing the German industrial hemp industry. We look forward to a draft from the BMEL and will continue to support the parliamentary process constructively.”

Cannabis advocates have long pushed for this type of reform, including in the lead-up to the passage of the new CanG bill. Unfortunately, opponents were able to maintain the status quo under the premise that consumers could make intoxicating products out of hemp.

“If access to THC-containing flowers is to be made possible through clubs and home cultivation anyway, why should anyone go to the trouble of extracting low doses of THC from CBD flowers for several hours in their own home workshop?” Krautinvest.de pointed out in its initial reporting.

“Speaking at the International Cannabis Business Conference Berlin last year, industry veteran and President of EIHA Daniel Kruse said: “I would simply cancel this clause. All stakeholders will advocate for its abolition.” Business of Cannabis stated in its initial reporting.

“The debate about the ‘misuse of hemp’ needs to be brought to an end. Hemp has huge potential if the clause is abolished. Industrial hemp would lead to more sales than medical and recreational put together in Germany.” Daniel Kruse also stated at the International Cannabis Business Conference in Berlin.

According to BvCW, the Industrial Hemp Liberalization Act “is now being coordinated between departments, so statements on this can probably be submitted soon. The BvCW is now preparing a statement on this.”

In addition to causing headaches in Germany, the lack of comprehensive hemp and CBD industry reform has also caused similar issues throughout Europe.

Cannabis Cultivation Associations Moving Forward In Lower Saxony

Cannabis cultivation associations appear to be moving forward in Lower Saxony, with local media outlet Frankfurter Allgemeine Zeitung reporting that Agriculture Minister Miriam Staudte delivered the first approved permit to “Cannabis Social Club Ganderkesee” (translated from German to English) in the district of Oldenburg.

“With regard to consumer protection, it is clear to me: By allowing cultivation by associations, risks posed by illegally sold cannabis, such as excessive THC levels, can be avoided.” stated Minister Staudte according to Frankfurter Allgemeine Zeitung.

So far, 45 cannabis cultivation associations have registered to start applying for a permit in Lower Saxony, 16 of which have reportedly completed their applications. Cannabis cultivation associations became legal in Germany as of July 1st, although bureaucratic issues hampered an immediate rollout.

North Rhine-Westphalia is another area of Germany that is already accepting applications for cannabis cultivation associations, albeit “only a few” so far according to local reporting from ASB Zeitung.

“In North Rhine-Westphalia, a few Cannabis growing associations filed applications for permits starting July 1st, as revealed by a dpa survey of the responsible district administrations.” stated ASB Zeitung.

“According to a spokesperson, the first applications have been submitted in the Regierungsbezirk Duesseldorf, but a specific number could not yet be named by the authority. Three applications have been filed at the Bezirksregierung Köln by Tuesday, and one in Detmold. At the Bezirksregierung Arnsberg, there were initially “three incomplete applications,” according to a spokesperson. The Bezirksregierung Münster reported no applications yet.” ASB Zeitung also stated.

German cannabis cultivation associations have to adhere to various rules, including limiting membership to a maximum of 500 members and restricting sales to 50 grams per member a month (30 grams for members 18-20 years old). Clubs will also be permitted to sell cannabis clones and seeds.

In a recent nationwide survey conducted in Germany by Pronova BKK, 44% of self-reported ‘regular’ cannabis consumers indicated that they plan to join one of the country’s cannabis cultivation associations once they launch in their respective jurisdictions. Another 27% of ‘occasional’ cannabis consumers also indicated that they plan to join an association.

The Pronova BKK survey involved 1,000 people in Germany aged 18 and over and was conducted in May 2024. The survey also determined the following (translated from German to English) about Germany’s cannabis consumer base:

  • Over a quarter of Germans consume cannabis at least occasionally, and one in ten consumes it weekly
  • More than half of Generation Z consumes cannabis at least occasionally
  • For a third of cannabis consumers, legalization does not influence consumption behavior
  • Among younger respondents under 45 years of age, one in ten has increased consumption since legalization
  • Eight percent of non-users are considering growing their own cannabis at home

Among self-reported ‘regular’ cannabis consumers participating in the survey, 51% selected “Yes, I can imagine having my own cannabis to grow at home” when asked about home cultivation. Another 40% of ‘occasional’ cannabis consumers also selected that option in the survey.

Germany’s Medical Cannabis Industry Is Booming

Germany’s emerging medical cannabis industry was already the largest in Europe before the nation’s new CanG law took effect. However, since April 1st, 2024 when the first provisions of adult-use legalization became effective in Germany, the nation’s medical cannabis industry has already grown exponentially.

“Since April 1, the medical cannabis market has almost doubled in Germany,” says David Henn, CEO of the medical cannabis wholesaler Cannamedical, per original reporting by ntv.de.

The recent growth in Germany’s medical cannabis industry is also evident in new data published by Bloomwell Group. The brokerage service company ‘provides both doctors and pharmacies with a digital platform for medical cannabis.’ The company reported a “1,000 percent” increase in business since legalization started in Germany.

A main contributing factor to the recent growth of Germany’s medical cannabis industry was the removal of cannabis from the nation’s Narcotics List, which was a key component of the new CanG law. The removal of cannabis from the list made it easier for doctors to prescribe cannabis in Germany, in addition to improving the medical cannabis supply chain and boosting domestic medical cannabis production.

Medical cannabis is arguably the biggest winner of Germany’s adult-use policy modernization effort so far, and the boost in patient numbers is still very much in the early stages. Prior to April 1st, researchers estimated that Germany had between 200k and 300k active medical cannabis patients. That number is projected to increase to as much as 5 million in the not-so-distant future.

A February 2024 market analysis by Zuanic & Associates determined that if 1% of Germany’s population (roughly 838,000 people) became cash-paying medical cannabis patients, the German medical market ‘could reach €1.7Bn in value by the end of 2025.’ If current trends persist, the 1% threshold could be surpassed far earlier.

The legal German cannabis market is projected to reach an estimated $4.6 billion in value by 2034 according to a recent market analysis by researchers at The Niche Research, which is an impressive sum. However, if Germany’s medical cannabis industry continues to increase at its current rate, the projection could prove to be too conservative as time goes on.

Germany’s medical cannabis industry boom is paralleled by a dramatic increase in the nation’s ancillary cannabis industry, and that increase is having a butterfly effect on other parts of Europe. A recent survey by YouGov found that 7% of surveyed German adults have already purchased cannabis seeds or clones, and another 11% reported that they will in the future.

In a separate nationwide survey conducted in Germany by Pronova BKK, among self-reported ‘regular’ cannabis consumers participating in the survey, 51% selected “Yes, I can imagine having my own cannabis to grow at home” when asked about home cultivation. Another 40% of ‘occasional’ cannabis consumers also selected that option in the survey.

Cannabis seed banks across Europe have reported a significant sales spike due to German home cultivation legalization, and presumably the same is true for companies specializing in home cultivation equipment.

Cannabis opponents in Germany are pointing to the increased size of the nation’s medical cannabis industry and trying to use it to justify their prohibitionist positions. What those opponents fail to recognize is that a boost in patient numbers is not indicative of a ‘broken system.’ Rather, it is a testament to the cannabis plant’s wellness properties and the evolving attitudes of medical professionals.

According to tens of thousands of peer-reviewed studies, countless patient testimonials, and the professional opinions of licensed medical doctors throughout Germany, cannabis is a safe, effective medication that can treat numerous ailments and conditions. Suffering patients deserve to have safe access to therapies that their doctors deem appropriate, and that includes medical cannabis therapies.

Germany’s new medical cannabis policies are working exactly as they should be, regardless of the fear-mongering talking points that cannabis opponents choose to cling to.

Navigating Germany’s Booming Cannabis Market: A Guide for International Companies

The excitement surrounding cannabis in Germany is palpable. With the current government coalition decriminalizing and rescheduling the plant, a wealth of opportunities has arisen for both domestic and international organizations. Events like the International Cannabis Business Conference and Mary Jane Berlin are buzzing with activity, setting new attendance records. However, navigating the German market requires a nuanced understanding of the current regulations to avoid potential pitfalls.

To assist international companies aiming to enter this vibrant market, the largest German Cannabis Business Association (BvCW – Branchenverband der Cannabiswirtschaft, www.cannabiswirtschaft.de) has introduced a specialized format. This initiative is designed to provide critical information and support for businesses looking to establish a presence in Germany. With its comprehensive focus on all aspects of cannabis—medicinal, recreational, and industrial—the BvCW is uniquely positioned to offer valuable insights into the evolving landscape.

Why Germany?

“We understand that there are many eyes on Germany at the moment,” states Dirk Heitepriem, president of the BvCW. “Since April 1st, many opportunities have opened up for international companies looking to sell products and services in Germany! We receive numerous inquiries daily from industry colleagues worldwide. Our goal is to provide them with a platform that will guide them through the process, helping them find the right stepping stones while avoiding inherent traps.”

Key Developments and Opportunities

Benjamin Patock, a member of the Executive Board, adds, “A lot has changed. Access to cannabis as a medicine is easier than ever. Additionally, we are witnessing a significant boom in the recreational home-growing market, with the first cannabis clubs on the horizon. However, some opportunities remain exclusive to EU member states at this point.”

Introducing the BvCW International Briefing

To keep international companies well-informed, the BvCW will host the “BvCW International Briefing” quarterly via Zoom. These sessions will cover recent policy changes, current opportunities and risks, and expected regulatory developments. Participation is free of charge upon registration.

Stay ahead of the curve and ensure your company is well-prepared to tap into Germany’s expanding cannabis market. Register now to join the BvCW International Briefing and gain the insights needed for a successful entry.

For more information and to register, visit

www.cannabiswirtschaft.de/intlbriefing

German Legal Cannabis Market Projected To Reach $4.6 Billion By 2034

The legal German cannabis market is projected to reach an estimated $4.6 billion in value by 2034 according to a new market analysis by researchers at The Niche Research. The market analysis predicts that Germany’s legal cannabis market will experience a compound annual growth rate (CAGR) of 17.2% between 2024 and 2034.

Germany implemented the first provisions of its national adult-use cannabis legalization law on April 1st, and the home cultivation sector is already increasing in size at an exponential rate. According to a recent survey by Pronova BKK, 51% selected “Yes, I can imagine having my own cannabis to grow at home” when asked about home cultivation. Another 40% of ‘occasional’ cannabis consumers also selected that option in the survey.

A separate survey by YouGov found that 7% of surveyed German adults have already purchased cannabis seeds or clones, and another 11% reported that they will in the future. Cannabis seed banks across Europe have reported a significant sales spike due to German home cultivation legalization.

Medical cannabis was already a huge industry in Germany prior to adult-use legalization, with the country being home to Europe’s largest medical cannabis market. However, part of the CanG law involved the removal of cannabis from Germany’s Narcotics List, and with it, caps on domestic medical cannabis production. Germany imported a record 32,398kg of medical cannabis products in 2023, up 26.6% from 2022.

One could easily argue that the biggest winner of German recreational legalization so far is the nation’s medical cannabis industry. Doctors can more easily prescribe medical cannabis in Germany thanks to the CanG law, and the medical cannabis supply chain is more streamlined than ever. The changes are expected to boost Germany’s medical cannabis base from 0.03% to 1% of Germany’s population in the coming years.

Previous projections for Germany’s emerging cannabis industry include one by Heinrich Heine University Dusseldorf which estimated that adult-use legalization will create 27,000 new jobs in Germany, although that projection may prove to be too conservative as time goes along.

Consider the fact that North Rhine-Westphalia alone is planning on permitting up to 3,000 social cannabis clubs, each able to serve up to 500 members. Every one of those social clubs will create jobs, and that is just one sector of the industry in one region of Germany. If the nation’s medical cannabis industry continues to surge as social clubs and regional pilot projects launch this year, the economic potential of Germany’s emerging industry will be enormous.

Germany’s cannabis industry is currently estimated to be worth nearly 1.2 billion euros according to Euromonitor International. Euromonitor estimates that the emerging global cannabis industry is currently worth 51.4 billion euros, with that figure estimated to top 60 billion in 2025.