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Bullboard - Stock Discussion Forum Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The... see more

NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > Cannabis legalization in Germany possible timing
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Post by DaveInCalgary on Apr 13, 2023 9:48am

Cannabis legalization in Germany possible timing

Cannabis legalization in Germany 

The most important thing about the new legalization plans : The release of legal cannabis should happen in two steps. Initially, citizens should be allowed to own 25 grams of cannabis and up to three plants for self-cultivation. Cannabis products should be sold in Cannabis Social Clubs. Here members should be able to legally purchase weed and hash for their own use. If Lauterbach and zdemir had their way, this first step should come into force this year. The Ministry of Health intends to present a concrete draft law in April.
 
The second step includes a model project in selected regions. Here, an additional commercial sale is to be tested over a period of five years. It is not yet clear when these plans will be implemented, the ministers said at the press conference.
 
The Nuremberg member of the Bundestag Tessa Ganserer (Greens) sees the federal government's resolutions as the beginning of a new era in German drug policy: "The previous cannabis ban policy has failed." With the gradual legalization, the black market could be undermined, the protection of minors with regard to cannabis could be tightened and the criminal and judicial authorities relieved. "The dealers will probably get angry with the Bavarian Prime Minister today," says the Nuremberg politician. The goal is clear: comprehensive and complete legalization. However, Ganserer regrets: "The currently applicable EU law makes this step-by-step approach necessary."

Finally, the only question that remains is: when is the time? When will the new cannabis laws apply in Germany. "Possibly before the German Bundestag's summer break," Wurth hopes. "If neither the EU nor the Bundesrat had to agree, then that would theoretically be possible." If Wurth's hopes are real, the first step towards legalization could take effect as early as July 2023.

https://www.fein-raus.de/cannabis-legalisierung-in-deutschland-das-sagt-der-hanfverband-c52c1908-431f-4f34-81f7-20739a9f6b1e
Comment by MJBubbleRider on Apr 13, 2023 1:34pm
"The dealers will probably get angry with the Bavarian Prime Minister today," No, the dealers will be jumpinng up and down for joy. Their clients now have cover for owning their product and the legal market is even more hamstrung than in Canada. The dealers coudn't have writen the law better themselves.
Comment by Savage97 on Apr 13, 2023 2:04pm
LOL!  Actually the dealers will be very pissed because now their customers have the choice to buy products that are tested for safety, including variety and innovation.  As well, some people will choose to not buy from the black market because the money made supports criminal activity.
Comment by DaveInCalgary on Apr 13, 2023 2:25pm
Likely been happening since medical cannabis was legalized over there.  
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