Germany Cannabis

What Are Germans Rolling In Their Joints? This Denver Cannabis Company Found Out At Berlin's Mary Jane Trade Fair
Organigram Supports Cannabis In Germany With $15M Initial Investment In This Berlin Marijuana Co.
'It's Incredible' Says Mike Tyson As His Medical Marijuana Products Reach Patients In Germany
Organigram Supports Cannabis In Germany With $15M Initial Investment In This Berlin Marijuana Co.
'It's Incredible' Says Mike Tyson As His Medical Marijuana Products Reach Patients In Germany
22.8M Europeans Used Weed Last Year, German University Launches Marijuana Cultivation Course And UK's 'Cannabis Martyr'
Far-Right Victory In Germany: Cannabis Policy, TikTok Voters And Impact Of AfD's Rise To Power

Germany Cannabis Recent News

Germany Sets THC Limits For Drivers, Opposition Groups Say It's Too High
Lawmakers in Germany have set a maximum allowed limit of THC – tetrahydrocannabinol, a psychoactive substance found in the cannabis plant- for drivers to have in the blood. The Bundestag, the country's lower house of parliament, introduced this week a limit of 3.5 nanograms per milliliter. As DW highlighted that's an equivalent to 20 milligrams of alcohol per 100 milliliters of blood. The decision builds on a recommendation by an expert panel commissioned by the Transport Ministry.
EuroCannabis: THC Driving Limits In Bundestag, Italy Takes Aim At Industrial Hemp, Luxembourg Looks For A Supplier, Slovenia To Vote On Marijuana
Global Weed Business: Flora Buys Australian Vaporizers As IM Cannabis Doubles Down On Germany
Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF) said on Wednesday the sale of Australian Vaporizers Pty Ltd., its wholly owned Australian subsidiary to Flora Growth Corp. (NASDAQ: FLGC).The sale, first announced in September 2023, was wrapped up through a share purchase agreement, under which Lifeist has sold the issued and outstanding shares of Aussie Vapes to Flora, for roughly CA$900,000 ($658,439). The sum is payable by Flora issuing from treasury to Lifeist 550,000 of its common shares.In the meantime,
Asset-Light Expansion Into $8B German Market Adds Potential To This Cannabis Stock On NASDAQ
The potential rescheduling of cannabis in the U.S.
Belgian Scientists Use Hemp To Clean PFAS Chemicals From Soil, 21 Of 27 EU Countries Have Legal Medical Marijuana, Germany Kills 'Intoxication Clause'
Largest Cannabis Co. Curaleaf's $1.5B Projected Revenue For 2025: Analyst Raises Rating To Outperform
Wedbush Securities released a report on Curaleaf Holdings, Inc. (OTC: CURLF), the largest U.S. cannabis company by market cap, raising the stock's 12-month price target to $7.00 from $6.00 and maintaining a buy recommendation (Outperform rating).
Cannabis Shops Could Launch This Year In Germany For 'Scientific Purposes,' Here's Why UK's Medical Marijuana Sales Are Soaring
Top Canadian Cannabis Producer Village Farms Strengthens Board Of Directors As It Eyes Legal Weed Opportunities In Europe
On the heels of reporting a new record with Canadian cannabis sales increasing 49% year-over-year to $37.4 million in the first quarter of 2024, which Michael DeGiglio, president and CEO of the company touted as "an especially strong start" to the new fiscal year, Village Farms International, Inc. (NASDAQ: VFF) opted to strengthen its board of directors with a new addition.Carolyn Hauger, who brings extensive finance, operations and public company director experience, joined Village's board effective immediately and will stand for election at the company's annual shareholders meeting slated to take place next month.
Colorado Cannabis Company: Q1 Revenue Skyrockets 293% YoY To $1.1M Amid German Market Focus, Eyeing European Expansion
Explore CBD of Denver's Q1 2024 earnings with a 293% revenue increase and strategic expansion into the European market. Read now!
IM Cannabis Doubles Down On Germany Following Legalization Policy Change, Reports YoY Drop In Q1 Gross Profit And Revenue
IM Cannabis reported a 13% sequential increase in revenue for the three months ended March 31, 2024, hitting CA$10.7 million ($7.8 million). That is, however, a 4% decrease compared to the same quarter of last year.Oren Shuster, the company's CEO, said IM Cannabis will double down on Germany, now that recent approvals from both the German Bundesrat and Bundestag legalized the possession of marijuana.
CBD of Denver Reports YoY Increase In 2023 Gross Profit, Reduces Loss As It Continues To Expand Internationally
CBD of Denver, Inc. has filed its financial results for the year ended Dec. 31, 2023.The Colorado-based cannabis company said total current assets increased to $117,218 in 2023, up from $28,043 in 2022. Gross profit for the year totaled $595,417, representing a significant recovery from a gross loss of $284,734 in the prior year, due to a 27% increase in sales and a reduction in cost of goods sold. Net income before provision for income tax showed improvement with a loss of $377,729 in 2023, compared to a loss of $3,257,710 in 2022. CBD of Denver attributed it to the company's efforts to enhance operational efficiency and improve cost management.
Investors Shuffle Stock Positions In Aurora Cannabis: Beyond Earnings, Liquidity Looks Appealing
Aurora Cannabis Inc. captured investor attention with a dramatic 38% increase in options trading and a significant 18.2% surge in stock price in a single trading day. These movements underscore a robust financial period for the company, which reported quarterly revenues of $53.34 million, surpassing expectations by nearly 16%.
Cannabis Companies' Gains - U.S. Versus Canada: Averages Can Be Deceiving, Irrational Market Behavior To Blame?
Recent insights from Viridian Capital Advisors shed light on the bewildering trends in cannabis stocks. Year-to-date (YTD) data indicates that U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) have experienced drastically different fates. At a glance, U.S. MSOs show an average return of 26.4%, towering over Canadian LPs' modest 1.3%.
Curaleaf Boosts International Presence With Another Cannabis Acquisition
Cannabis giant Curaleaf Holdings is closing its previously announced acquisition of Northern Green Canada, a vertically integrated Canadian licensed cannabis producer focused primarily on expanding in the international market through its EU-GMP certification. Terms of the acquisition of NGC include an initial payment at closing of the company's subordinate voting shares valued at approximately $16 million, subject to a typical post-closing adjustment. In addition, an earnout may also be paid in 2025 based upon the 2024 performance of NGC's operations, up to 50% of which will be cash and the rest paid in additional subordinate voting shares.
No Ganja, Just Beer Allowed At Oktoberfest Despite Cannabis Legalization, Officials Argue Youth Protection
Another Cannabis Pioneer Expands In Germany Via Acquisition As Experts Say 'There's No Stepping Back' From Legalization Wave
Flora Growth Corp. has entered into a definitive agreement to acquire all of the issued and outstanding shares of Hamburg, Germany-based TruHC Pharma GmbH. The company's latest move to further cement its global footprint comes on the heels of a new German cannabis law that went into effect on April 1, which partially legalized cannabis. The new law allows adults over 18 in Germany to legally possess up to 25 grams of dried cannabis and cultivate up to three marijuana plants at home.As previously announced, Flora agreed to purchase TruHC Pharma GmbH in an all-stock deal in exchange for 2,770,562 of its common shares, valued at $6.4 million.
'We Want Fewer People To Consume Cannabis,' German Chancellor Scholz Explains Reform To Chinese Students & More Updates
This Canadian Nursery Is Exporting New Cannabis Strains To German Cannabis Producer Demecan
Big League Genetics, a Canadian cannabis nursery and partner of 3WIN Corp, announced on Wednesday that it has completed the export of cannabis genetics to DEMECAN, a licensed German cannabis producer. The move comes on the heels of last week's legalization of recreational cannabis in Germany. As of April adults over 18 in Germany can legally possess up to 25 grams of dried cannabis and cultivate up to three marijuana plants at home. Beginning July 1, adults can also join not-for-profit social clubs where they can buy up to 25 grams of cannabis, with a cap of 50 grams per month. That cap is 30 grams for members under 21 years old. Marijuana legalization in Germany will be one of many hot topics at the upcoming Benzinga Cannabis Capital Conference that returns to Florida on April 16 and 17.
German Lawmakers Eager To See Phase 2 Of Cannabis Legalization, Weed Giant Curaleaf Considers Listing In Frankfurt
Flora Growth's Stock Trading Higher On Pricing $3.2M Public Offering Of Common Shares
Flora Growth Corp. announced on Thursday the pricing of its underwritten public offering of 1.7 million common shares for aggregate gross proceeds of roughly $3.23 million. Clifford Starke, the company's CEO, and an existing investor have agreed to purchase, and have been allocated by Aegis Capital Corp., Common Shares in the offering. Flora said it will use the net proceeds from the transaction that is expected to close on or about Monday, April 8 for general corporate and working capital needs. The move came on the heels of the company's latest move to further cement its global footprint via acquisition in Germany.
The Face Of Germany's Cannabis Legalization: Who's The Mysterious Woman In A Fox Mask Featured On CNN, Telegraph?
In the swirl of media spotlight that followed Germany's groundbreaking move to legalize recreational cannabis, one figure stood out starkly against the backdrop of celebration and debate: Antifuchs, a German rapper known
This Cannabis Pioneer Is Ramping Up Its Presence In Germany As Weed Legalization Takes Effect
Flora Growth Corp. has been positioning itself on the international cannabis stage for years. The Canadian-based producer of cannabinoid organic oils, infused food, and beverage, pharmaceutical grad, medical, and cosmetic-grade derivatives is serving all 50 U.S. states and 28 countries with over 20,000 points of distribution around the world. The company's latest move to further cement its global footprint comes simultaneously with a new German cannabis law that went into effect this Monday, which partially legalized cannabis. Currently, it allows adults over 18 in Germany can legally possess up to 25 grams of dried cannabis and cultivate up to three marijuana plants at home. Flora Growth, which through its wholly-owned subsidiaries has been active in Germany since 2017, revealed last week its plans to launch a cannabis home grow kit, and start up material seeds and cuttings in the European country as it enters the first phase of new recreational cannabis legalization law. This doesn't come as a surprise considering the cannabis recreational market, as per the company's expectations, has the potential to reach $4.2 billion upon legalization with the total European market forecasted to achieve revenues of $10.2 billion.
Weed Legalization In Germany Just Took Effect: Here's What You Need To Know
German legalization will one of the many hot topics at the Benzinga Cannabis Capital Conference in Florida on April 16-17.