Germany Has Become The World’s Largest Cannabis Importer: Here Are The Stocks Benefiting
Germany imported a record 37.2 tons of medical cannabis in the first quarter of 2025, marking a 4.6x increase compared to the same period last year, according to the Federal Institute for Drugs and Medical Devices (BfArM). Per publicly available data, the country is now the largest importer of legal medical cannabis in the world, yet looming regulatory headwinds are already taking shape.
German Market Sets A New Benchmark
The Q1 2025 import surge, which includes dried flower and extracts (converted to flower equivalents), builds on momentum following Germany’s April 2024 medical cannabis reform under the Cannabis Act (MedCanG). The previous quarterly record was 32.1 tons in Q4 2024.
“The latest quarterly figures for cannabis imports send a clear message: we are on track for 150 tons of cannabis to be imported into Germany for medical and scientific purposes by 2025. As of today, Germany is likely already the largest medical cannabis market in the world,” said Niklas Kouparanis, CEO and co-founder of Bloomwell Group, one of Germany’s leading cannabis platforms.
“The main reason for this remarkable progress is low-threshold digital access. This has enabled several hundred thousand patients, who previously obtained medical cannabis illegally (which involved considerable risks), to access legal medical cannabis prescribed by physicians and dispensed in licensed pharmacies,” he continued.
Also read: Germany’s Cannabis Industry Hits 500 Million Euros: 2,500 Pharmacies Now Dispense, 211 Grow …