German Cannabis: 20 Tons, 10M Grams – And That’s Only 0.3% Of The Market, What’s Missing?
Germany’s medical cannabis imports reached 20.1 tons in Q3 2024, a substantial increase from previous quarters. This surge follows the April 2024 revision of the country’s narcotics law, which has facilitated greater access to medical cannabis.
Despite this growth, medical cannabis users still represent less than 0.3% of the population, indicating significant potential for market expansion.
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Rejection Rates And Market Dynamics
Historically, approximately 40% of imported cannabis in Germany has been either rejected or re-exported, with pharmacies purchasing about 60% of imports, according to analyst Pablo Zuanic of Zuanic and Associates.
In Q3 2024, as …