BRÈVE

sur Cannovum AG (isin : DE000A2LQU21)

The Legalization of Cannabis in Germany: A New Era Dawns for Cannovum Cannabis AG

The German Bundestag today passed the cannabis law. This decision marks a historic opportunity for the economy, opening up cannabis consumption in Germany starting on April 1. Cannovum Cannabis AG, listed on Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin and gettex, foresees significant expansion in this new market.

The law will allow for personal recreational cannabis cultivation as well as through cannabis clubs, where Cannovum holds a majority stake in Anbau-Allianz für Deutschland GmbH. The latter, a consortium of large German agricultural companies, aims to play a key role in the cannabis club sector, with revenues potentially reaching 2.4 million euros per club.

Cannovum's collaboration with various partners ensures significant competitive advantages, particularly in model regions where sales will be permitted. The company aims to develop the first premium cannabis brand in Germany.

The creation of cannabis social clubs is supported by strong partnerships, including Osnabrück University of Applied Sciences and other key players, aiming to ensure a superior quality product for the German market.

R. H.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de Cannovum AG