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German Cannabis Legalization Uncertainty Is Spooking Investors.

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  • المؤلفون: Moon, Louise
  • المصدر:
    Bloomberg.com. 3/21/2024, p1-1. 1p.
  • معلومة اضافية
    • الموضوع:
    • الموضوع:
    • نبذة مختصرة :
      Investors in Germany's cannabis sector are hesitant to invest due to uncertainty surrounding the partial legalization of recreational cannabis on April 1. The bill has passed the lower house of parliament but may be delayed or blocked by the upper house. If the law is passed, it could open up a market worth almost $250 billion across Europe. However, executives in the cannabis sector are cautious as lawmakers continue to debate the new rules. The government's motivations for legalization include curbing the black market and ensuring safe, regulated products, but opposition centers around health concerns and increased burdens on law enforcement and healthcare. [Extracted from the article]
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