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Cannabis Stocks Set To Dominate Germany's New Market: A Surge In Demand Meets Established Expertise

Benzinga ·  Mar 22 14:00

Germany's historic step towards cannabis legalization, effective April 1, 2024, opens a new chapter in the global cannabis industry, presenting substantial opportunities for Canadian leaders Aurora (NASDAQ:ACB), Canopy Growth (NASDAQ:CGC), and Tilray (NASDAQ:TLRY).

Starting in, Germany will become Europe's third country to regulate cannabis for adults. Cannabis clubs with up to 500 members will be able to grow and purchase marijuana while public cannabis use will be allowed away from children and sports facilities, and banned in pedestrian zones during the day.

The landmark reclassification of cannabis, enhancing accessibility, and reducing regulatory complexities for medical cannabis, catalyze a...

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