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Australian Cannabis Producers Eye European Market, Especially Germany And France, Marijuana And Menstrual Pain Study Underway

Benzinga ·  Aug 12 16:13

As the European cannabis scene develops, cannabis growers in Australia are looking to seize the opportunity. Some Australian farmers are already signing multi-million dollar export deals.

Australian Natural Therapeutics Group(ANTG) is focusing on Germany, which recently relaxed its cannabis laws. Among the most significant reforms is the regulation of medical marijuana similar to ibuprofen. ANTG has been exporting to Germany since 2020.

Germany is considered a leader of the European medical marijuana market, accounting for $621 million of the total $821 million sales in 2023, writes ABC news.

"Germany is definitely the key market with a 90 million-odd population and a fairly...

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