Germany’s Cannabis Imports Increase 4x In 2024 Amid Regulatory Changes: Which Countries Are Top Providers?
Germany’s medical cannabis imports hit a record 31.6 metric tons in the fourth quarter of 2024, marking a nearly fourfold increase from Q1 2024 and a 53% rise from Q3 2024, according to a new report from Zuanic & Associates. The surge is primarily attributed to changes in Germany’s Narcotics Law, implemented on April 1, 2024, which facilitated greater access to medical cannabis.
“Changes in the Narcotics Law…explain the jump in demand,” the report states, emphasizing how the revised regulations spurred higher import volumes.
Canada And Portugal Lead, But Competition Heats Up
Germany’s booming demand was met primarily by Canada and Portugal, which accounted for most of the absolute import growth between Q3 and Q4 2024. Canada remained the dominant supplier, responsible for 43% of imports in Q4, while Portugal secured 29% of the market.
Also read: Switzerland Moves To Legalize Recreational Cannabis Under Strict Government Control
Despite Canada’s lead, its market share declined significantly over the year. “The drop in Canadian share in 2H is notable,” Zuanic & Associates reported, pointing to a …