Germany Legalizes Cannabis Sales
The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes, aiming to have legislation ready later this year.
The health ministry said it will start holding expert hearings on various aspects of the issue tomorrow.
It said that more than 200 representatives from the medical, legal and other fields will take part, along with officials from various levels of government and unidentified international experts.
The pledge to legalise controlled sales of cannabis to adults in licensed shops is one of a series of reforms outlined in last year’s coalition deal between the three socially liberal parties that make up Chancellor Olaf Scholz’s government.
They said the plan would ensure quality control while also protecting young people, and agreed that the “social effects” of the new legislation would be examined after four years.
Mr Scholz’s coalition took office in December.
In early May, health minister Karl Lauterbach said he planned to draw up draft legislation in the year’s second half following the hearings with experts.
The five hearings, which will be held this month, will address what measures are needed to ensure the best protection for young people and of health and consumers, government drug czar Burkhard Blienert said.
“Like many others, I have worked for years toward us in Germany finally ending the criminalisation of cannabis consumers and beginning a modern and health-oriented cannabis policy,” he said in a statement.
Among other liberalising plans, the government has launched a drive to remove from Germany’s criminal code a ban on doctors “advertising” abortion services.
It also wants to ease the path to German citizenship, lift restrictions on dual citizenship and reduce the minimum age for voting in national and European elections from 18 to 16.
The government also wants to scrap 40-year-old legislation that requires transsexual people to get a psychological assessment and a court decision before officially changing gender, a process that often involves intimate questions.
It is due to be replaced with a new “self-determination law”.
Germany Legalizes Cannabis Sales
About Cannin: Your Cannabis Stocks Resource
78% of Cannin’s fundamentals prove true within 30 days or less on 100+ recommendations over the past 2 years.
Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. In fact, we aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2021.
Use Cannin as your resource for:
Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.
Are you looking to buy stock in hemp companies or marijuana companies for 2021? If so, are you interested in new penny hemp stock companies? Or, looking for the best Canadian cannabis stocks to invest in? Maybe, you’re looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.
Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?
Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.
- +34% Gains in 2022
- +56% Gains in 2021
- +30% Gains in 2020
- +49.8% Gains in 2019
- Backtested since 2012
In fact, we’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one week risk-free trial to see it for yourself.
Profit from the best cannabis stocks – we’ll show you how at cannin.com.
