Huge Benefits For Medical Marijuana Patients, Opportunities For Innovation & Research – Industry Vets Weigh In On Germany's Cannabis Reform
Portfolio Pulse from Nina Zdinjak
Germany's partial legalization of cannabis is expected to significantly impact the medical marijuana program, enabling personal possession, consumption, and the establishment of non-profit cannabis social clubs. Industry experts from Demecan, Tilray Brands, and Canopy Growth's Storz & Bickel weigh in on the benefits and opportunities this reform brings, including expanded medical cannabis market, improved patient access, and innovation in research and development.
March 01, 2024 | 3:24 pm
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Canopy Growth's Storz & Bickel, a Germany-based vaporization company, may see increased demand for healthier consumption methods like vaporization following cannabis legalization.
Canopy Growth's Storz & Bickel is mentioned in the context of cannabis legalization in Germany, which is expected to destigmatize cannabis and foster open dialogue on harm reduction, potentially increasing demand for vaporization products.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 70
POSITIVE IMPACT
Tilray Brands, a major supplier of medical cannabis, is expected to benefit from Germany's cannabis reform through expanded market and improved patient access.
Tilray Brands is directly mentioned as benefiting from the new Medical Cannabis Act in Germany, which is expected to de-schedule cannabis as a narcotic, thus expanding the medical cannabis market and allowing for wider insurance coverage.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90