B.C. cannabis industry eyes newly opened German market

Cannabis growers and producers in British Columbia, Canada are looking to enter--or expand their exports to--the German market following the country's marijuana decriminalization law, which took effect April 1, 2024. The new law legalizes possession by adults of up to 25 grams of marijuana for...

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Bibliographic Details
Published in:Business in Vancouver 2024-04 (1797), p.4
Main Author: Xiong, Daisy
Format: Article
Language:English
Subjects:
Decriminalization
Drug legalization
Marijuana
Online Access:Get full text
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Summary:Cannabis growers and producers in British Columbia, Canada are looking to enter--or expand their exports to--the German market following the country's marijuana decriminalization law, which took effect April 1, 2024. The new law legalizes possession by adults of up to 25 grams of marijuana for recreational purposes and allows individuals to grow up to three plants for personal consumption. The law also no longer classifies cannabis as a narcotic, which means that any doctor can now prescribe it. Due to export restrictions, Canadian companies are not allowed to export recreational cannabis products globally, but many have been selling medical cannabis products to countries including Germany, which has a population of more than 84 million and is Europe's largest economy.
ISSN:0849-5017