Imports of medical cannabis flower into Germany hit record highs in Q4 of 2020, closing the year with a 37% year-on-year growth according to data from the Federal Institute for Drugs and Medical Devices (BfArM). However, the year-on-year growth in imports is clearly beginning to settle.
Germany imported 3,264 kilograms of medical cannabis flower in Q4 of 2020, the largest amount for any quarter to date, bringing the yearly total to 9,249 kilograms. The amount of medical cannabis imports to Germany has been growing rapidly, at over 100% growth year on year for 2018 and 2019 but reduced to 37% for 2020 at year’s end.
Import levels are subject to fluctuations, and not all imported product is consumed by German patients in a given quarter. Therefore imports should be taken together with other metrics such as reimbursement data as a gauge of the size and activity of the total market.
Read more at prohibitionpartners.com