Germany’s parliament’s move to legalize personal possession and use of cannabis sent cannabis stocks soaring, with Canopy Growth Corporation’s stock surging 39%, alongside other NASDAQ stocks witnessing substantial increases. The new law allows adults to possess up to 25 grams of cannabis for personal use and cultivate three plants. It also presents significant opportunities for businesses operating in Germany. The shift is part of a global reform movement, echoing calls for cannabis policy reform in the United States.
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Written by: Sue Dehnam
Published on March 23, 2024 at 11:47AM
Source: mg Magazine – Cannabis Industry News & Information (opens in new tab)