This Canadian Company Emerges Among Cannabis Giants As German Weed Legalization Goes Into Effect
The European cannabis scene is getting more and more interesting with markets like the U.K., Germany, Denmark, Portugal and the Netherlands expanding in terms of the diversity of products and players. Germany made headlines this past Friday when it took a historic step towards cannabis legalization. Approvals from both the German Bundesrat and Bundestag legalized the possession of marijuana as of April 1.
Cannabis companies already established in Germany celebrated the move. Village Farms International, Inc. (NASDAQ:VFF) was among the first, which comes as no surprise as the stage is practically set for Canadian exporters to capture their fair share of the German cannabis market which, by the way, is projected to expand to €1.7 billion by 2025.
CEO and co-founder Michael DeGiglio, who along with dozens of other top CEOs, executives and industry stakeholders will speak at the upcoming Benzinga Cannabis Capital Conference on April 16-17, celebrated the milestone.
“Village …