Cannabis growers and producers in B.C. are looking to enter or expand exports to the German market following the country's marijuana decriminalization law, which took effect on April 1.
The new law legalizes possession by adults of up to 25 grams of cannabis for recreational purposes and allows individuals to grow up to three plants for personal consumption. The law also no longer classifies cannabis as a narcotic, which means that any doctor can now prescribe it.
"It definitely has a pretty significant impact on cannabis growers in Canada and B.C.," said Deepak Anand, principal of ASDA Consultancy Services, a Vancouver-based firm providing consultancy in the cannabis industry.
Due to export restrictions, Canadian companies are not allowed to export recreational cannabis products globally, but many have been selling medical cannabis products to countries including Germany, which has a population of more than 84 million and is Europe's largest economy.
Read more at biv.com