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Germany on the brink of legalizing cannabis | DW News

Summary:
One topic in the coalition talks to form a new government in Germany is the legalization of cannabis products. All three parties are in favour of a regulated system for cultivation, trade, and sale. German pharmaceutical companies are also hoping for a boost from this.When cannabis was legalized in Canada three years ago, many customers were eager to make the first legal purchase of marijuana. Today, the legal cannabis industry in Canada posts more than two billion euros in sales annually. The government there closely monitors cultivation and sales.[embedded content] Germany on the brink of legalizing cannabis | DW NewsBut Nick Wright's negative experience is not uncommon. [embedded content]

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One topic in the coalition talks to form a new government in Germany is the legalization of cannabis products. All three parties are in favour of a regulated system for cultivation, trade, and sale. German pharmaceutical companies are also hoping for a boost from this.

When cannabis was legalized in Canada three years ago, many customers were eager to make the first legal purchase of marijuana. Today, the legal cannabis industry in Canada posts more than two billion euros in sales annually. The government there closely monitors cultivation and sales.




Germany on the brink of legalizing cannabis | DW News



But Nick Wright's negative experience is not uncommon. 



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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