High Times for German Cannabis Firm Amid Medical Boom
- Cantourage, a pharmaceutical company based in Bavaria, produces and distributes cannabis-based medicinal products amid Germany's partial cannabis legalization.
- Last year's partial legalization and eased prescription rules by the former centre-left government triggered a surge in demand and debates over future regulations.
- Cantourage operates under strict safety standards inside a secured Bavarian facility, processing dried cannabis flowers sourced from Jamaica, Uganda, and New Zealand.
- The company recorded 51.4 million euros revenue in 2024, a 118 percent increase from 2023, and employs 70 staff while trading under ticker 'HIGH' on Frankfurt Stock Exchange.
- Chancellor Merz’s coalition supports an open-ended evaluation of cannabis laws, with Cantourage’s CEO relaxed about regulatory risks and hopeful for full legalization progress.
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High times for German cannabis firm amid medical boom
At an undisclosed site in Germany's Bavaria state, pharmaceutical CEO Philip Schetter opens a 75-centimetre (30-inch) thick steel door that secures his wares: vast amounts of cannabis.
·Chariton, United States
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At an undisclosed site in Germany’s Bavaria state, pharmaceutical CEO Philip Schetter opens a 75-centimetre (30-inch) thick steel door that secures his wares: vast amounts … The post News: High times for German cannabis firm amid medical boom appeared first on Ghana Showbiz Online. Related posts: News: Struggling steel giant Thyssenkrupp’s shares slump after profit hit News: Trump announces drug prices cut with swipe at Europe
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