Eu Cannabis Licensing Authority

16/11/2024

Bumbling bureaucracy
The first hurdle: All cannabis clubs need a license.
While complicated requirements have prevented some people from applying for a licence, those with more determination do not even know which authority is responsible for processing their application.
Licensing authorities are also confused. "We currently have no legal means of determining the rules according to which we should issue the licences," said Clara Herrmann, mayor of Berlin's Friedrichshain-Kreuzberg district. "We need a legal ordinance from the Senate."

Currently, applications "will not be processed until further notice," she added.
Nico Schack, the managing director of Bunte Blüte, is among those who have submitted an application in Berlin and hope to open a social club soon.
But Berlin's bureaucratic chaos has led him to consider moving his company to the neighboring state of Brandenburg, where he says applications are processed more quickly.

Contact for registration:
[email protected]

16/11/2024

Since April 1, adults can possess up to 25 grams of cannabis and grow a maximum of three plants at home. And since July, Germany has also allowed "cannabis clubs," where up to 500 adults can become members and grow and obtain cannabis for their own use.
But while it is legal to walk down the street with a few grams of ma*****na in your pocket, it is not yet legal to buy w**d in Germany, leaving illicit trade to fill the gaps.
"Illegally traded cannabis still comes mainly from Morocco (hashish) and Spain (ma*****na) and is transported to Germany by truck via France, Belgium and the Netherlands or is produced here in illegal indoor plantations," the German Federal Criminal Police Office (BKA) told POLITICO.
The Federal Ministry of Health strongly denies its more relaxed approach to w**d has fuelled the black market.
"We expressly do not share this criticism," a spokesperson for the ministry told POLITICO.
The legalization of recreational cannabis was part of an agreement between the country's three-party coalition government, and was finalized about six months ago. But today, cannabis clubs have not yet spread across Germany as widely as planned.

22/07/2024

Summary

European cannabis companies are planning IPOs on the Nasdaq, driven by potential regulatory changes like the rescheduling of cannabis to Schedule III in the US and Germany's recent decriminalization. Grow Group, Somai Pharmaceuticals, and Wellford Medical are among those preparing for Nasdaq listings. The reclassification could reduce taxes, stimulate research, and unlock the US market, offering companies access to global investors and better market liquidity. President Biden's rescheduling plan could save the industry over a billion dollars in taxes, boosting cash flows and enabling growth. Curaleaf, Trulieve, IM Cannabis Corp., and InterCure are strategically expanding in Europe, particularly in Germany, to capitalize on the growing market and regulatory shifts.

Summary

European cannabis companies are planning IPOs on the Nasdaq, driven by potential regulatory changes like the rescheduling of cannabis to Schedule III in the US and Germany's recent decriminalization. Grow Group, Somai Pharmaceuticals, and Wellford Medical are among those preparing for Nasdaq listings. The reclassification could reduce taxes, stimulate research, and unlock the US market, offering companies access to global investors and better market liquidity. President Biden's rescheduling plan could save the industry over a billion dollars in taxes, boosting cash flows and enabling growth. Curaleaf, Trulieve, IM Cannabis Corp., and InterCure are strategically expanding in Europe, particularly in Germany, to capitalize on the growing market and regulatory shifts.

20/07/2024

Several European cannabis companies are planning initial public offerings (IPOs) on the Nasdaq, driven by the possibility of a less restrictive regulatory environment and recent developments like Germany’s decriminalization of cannabis. The UK-based medical cannabis distributor Grow Group plans a Nasdaq IPO in early 2025, encouraged by increased investor interest. Portuguese company Somai Pharmaceuticals and UK’s Wellford Medical are also considering Nasdaq listings. The potential reclassification of cannabis to Schedule III of the Controlled Substances Act in the US could significantly benefit the industry by reducing taxes, stimulating research, and opening the US market. Nasdaq listings provide access to a larger pool of global investors, enhance company credibility, and improve market liquidity, making it an attractive option amid these regulatory shifts.

Mehrere europäische Cannabisunternehmen planen Börsengänge (IPOs) an der Nasdaq, angetrieben von der Möglichkeit eines weniger restriktiven regulatorischen Umfelds und den jüngsten Entwicklungen wie Deutschlands Entkriminalisierung von Cannabis. Der in Großbritannien ansässige Distributor für medizinische Cannabis Grow Group plant Anfang 2025 einen Nasdaq-Börsengang, ermutigt durch das erhöhte Interesse der Investoren. Das portugiesische Unternehmen Somai Pharmaceuticals und das britische Wellford Medical erwägen auch Nasdaq-Notierungen. Die mögliche Neuklassifizierung von Cannabis in Anhang III des Controlled Substances Act in den USA könnte der Branche erheblich zugute kommen, indem sie die Steuern senkt, die Forschung anregt und den US-Markt öffnet. Nasdaq-Notierungen bieten Zugang zu einem größeren Pool globaler Investoren, verbessern die Glaubwürdigkeit des Unternehmens und verbessern die Marktliquidität, was sie inmitten dieser regulatorischen Verschiebungen zu einer attraktiven Option macht.

19/07/2024

Market Insider statistics 🔴🔴🔴

19/07/2024

"Imagine if dealers and producers of non-alcoholic b**r were subjected to raids and punished because they could distill a schnapps from the remaining alcohol. In practice, such a complex extraction does not take place with industrial h**p," said Jürgen Neumeyer, managing director of BvCW. The association argues that the existing clause is senseless and its removal is crucial for the industry’s growth.

"Stellen Sie sich vor, wenn Händler und Hersteller von alkoholfreiem Bier Razzien ausgesetzt und bestraft würden, weil sie einen Schnaps aus dem verbleibenden Alkohol destillieren konnten. In der Praxis finden eine so komplexe Extraktionen nicht mit Industriehanf statt", sagte Jürgen Neumeyer, Geschäftsführer von BvCW. Der Verband argumentiert, dass die bestehende Klausel sinnlos ist und ihre Entfernung für das Wachstum der Branche von entscheidender Bedeutung ist.

The German Federal Ministry of Food and Agriculture has published a draft industrial h**p bill that would modernize policies pertaining to the cultivation and handling of industrial h**p in Germany.

19/07/2024

The restrictive nature of regulations, particularly the “abuse clause” has led to economic damage and bankruptcies within the industry. Federal Agriculture Minister Cem Özdemir of the Greens party has publicly supported the modernization of h**p policies, emphasizing the need to remove unnecessary legal barriers.

Der restriktive Charakter der Vorschriften, insbesondere die "Missbrauchsklausel", hat zu wirtschaftlichen Schäden und Konkursen in der Branche geführt. Bundeslandwirtschaftsminister Cem Özdemir von der Grünen hat die Modernisierung der Hanfpolitik öffentlich unterstützt und die Notwendigkeit betont, unnötige rechtliche Hindernisse zu beseitigen.

19/07/2024

H**p Production In Germany
In Germany, the cultivation of industrial h**p has been growing steadily but remains a niche sector. Economic and bureaucratic challenges, coupled with significant legal uncertainties, have limited its expansion. The bill proposal argues that the measures to protect and promote h**p, which is an interesting crop in terms of sustainability, have failed.

Hanfproduktion In Deutschland

In Deutschland ist der Anbau von Industriehanf stetig gewachsen, bleibt aber ein Nischensektor. Wirtschaftliche und bürokratische Herausforderungen, gepaart mit erheblichen rechtlichen Unsicherheiten, haben seine Expansion begrenzt. Der Gesetzesvorschlag argumentiert, dass die Maßnahmen zum Schutz und zur Förderung von Hanf, der in Bezug auf die Nachhaltigkeit eine interessante Ernte ist, gescheitert sind.

19/07/2024

The bill seeks to abolish the controversial “abuse clause” and permit indoor cultivation of industrial h**p, supporting sustainable raw materials and climate protection initiatives. However, it strictly excludes the consumption of cannabis products for intoxication purposes.

Der Gesetzentwurf zielt darauf ab, die umstrittene "Missbrauchsklausel" abzuschaffen und den Anbau von Industriehanf in Innenräumen zu ermöglichen, nachhaltige Rohstoffe und Klimaschutzinitiativen zu unterstützen. Es schließt jedoch den Konsum von Cannabisprodukten zu Intoxationszwecken streng aus.

17/07/2024

Die deutsche Polizei hat Englands Fußballfans ermutigt, während des bevorstehenden Euro 2024-Turniers Cannabis anstelle von Alkohol zu konsumieren.

Die Behörden glauben, dass das Rauchen von Ma*****na die Unterstützer “ruhiger” und “entspannt” machen wird, was die Wahrscheinlichkeit eines aggressiven Verhaltens verringert, das oft mit übermäßigem Trinken verbunden ist.

Dieser unkonventionelle Rat kommt, nachdem ein Verbot von starkem Bier für Englands Eröffnungsspiel gegen Serbien eingeführt wurde, das aufgrund der Geschichte des Hooliganismus zwischen beiden Fangruppen als “risikoreiches” Spiel angesehen wurde.

German police have encouraged England football fans to consume cannabis instead of alcohol during the upcoming Euro 2024 tournament.
The authorities believe that smoking ma*****na will make supporters "calmer" and "chilled out," reducing the likelihood of aggressive behavior often associated with excessive drinking.
This unconventional advice comes after a ban on strong b**r was implemented for England's opening match against Serbia, which has been deemed a "high-risk" game due to the history of hooliganism among both fan groups.