How Germany's Cannabis Market Is Dominating Europe And Unlocking New Profit Opportunities
Portfolio Pulse from Nicolás Jose Rodriguez
Germany is emerging as a leader in the European cannabis market, with significant growth potential due to recent decriminalization. Companies like Village Farms International and Organigram Holdings are focusing on this market, leveraging EU GMP certification for international expansion. Canada faces profitability challenges due to high taxes, while Australia shows promise in non-combustible cannabis products.
October 14, 2024 | 3:26 pm
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Organigram Holdings is focusing on international markets like Germany and Australia to avoid high excise taxes in Canada, leveraging EU GMP certification for expansion.
Organigram is shifting focus to international markets to bypass Canada's high taxes. Their EU GMP certification facilitates entry into lucrative markets like Germany.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Village Farms International is focusing on the German cannabis market due to its growth potential and is leveraging its EU GMP certification for international expansion.
Village Farms is actively targeting the German market, which is expected to grow significantly. Their EU GMP certification allows them to export to Europe, providing a competitive edge.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80