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Bullboard - Stock Discussion Forum OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > Germany medical market Booming !! $$$$$$
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Post by 1hot-techwoman on Jul 04, 2024 10:13am

Germany medical market Booming !! $$$$$$

https://www.n-tv.de/politik/Fragwuerdiges-Geschaeft-mit-Cannabis-auf-Rezept-boomt-article25056962.html

"Since the legalization of cannabis, the business with medical cannabis is booming. The behavior of some providers raises doubts about whether only patients are being targeted—or if the high demand is also coming from recreational users. The CDU (Christian Democratic Union, a major conservative political party in Germany) is alarmed, while the SPD (Social Democratic Party of Germany, another major political party) is undecided.

Cannabis arrives at the house via DHL (a major international courier service). As if it were a sweater or a new coffee machine. The only difference: a signature from the recipient is not enough; the delivery person also wants to see an ID card. Then the treatment can begin. The 20 grams, packaged in a vacuum-sealed bottle, is medical cannabis grown in Canada. Beforehand, the patient had to fill out an online questionnaire on one of the numerous platforms that, for fees ranging from 15 to 50 euros, offer a video consultation with specialized general practitioners. The conversation with the doctor, who also wants to see an ID card, lasts about five minutes. Medical condition? Previous experience with cannabis? This is followed by a recommendation for the type and dosage of cannabis. Then comes the prescription, which can be immediately submitted digitally to a mail-order pharmacy or taken in person to a specialized pharmacy.

So quick, so easy. The medical cannabis business in Germany is booming. This aspect of cannabis legalization receives little public attention. "Since April 1, the medical cannabis market has nearly doubled in Germany," says David Henn, CEO of the medical cannabis wholesaler Cannamedical, in an interview with ntv.de. The Bloomwell Group, which provides a digital platform for medical cannabis to both doctors and pharmacies, reports massive growth: The number of patients using the group's referral service increased by 1000 percent in April alone compared to the average of the previous twelve months."

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