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Tilray Brands - German Cannabis Legalization Update

[DaveInCalgary]

Cannabis legalization: coalition factions settle dispute

February 1, 2024, 10:24 p.m

The traffic light coalition has resolved its disagreements over the planned legalization of cannabis . The law could come on April 1st, the deputy parliamentary group leaders Konstantin Kuhle (FDP), Maria Klein-Schmeink (Greens) and Dagmar Schmidt (SPD) told the German Press Agency in Berlin. However, the law must first pass through the Bundestag. Federal Health Minister Karl Lauterbach (SPD) had named the week from February 19th to 23rd for the law to be passed in parliament. The Federal Council also still has to deal with the plans. 

The three parliamentary group vice-presidents said: “The regulations are a real milestone for a modern drug policy that strengthens prevention and improves health, child and youth protection.” In addition, consumers would be decriminalized and the black market would be effectively combated. The effects of the law on child and youth protection as well as on organized crime should be evaluated “in a timely manner,” as it was said. The expertise of the Federal Criminal Police Office will also be included. 

 

 

According to coalition circles, no significant changes were made to the content of the plans. The SPD , Greens and FDP had already agreed in November to remove cannabis from the list of banned substances in the Narcotics Act. Home cultivation and possession of certain amounts of the drug will be permitted for adults from April 1, 2024. Clubs for collective cultivation should be
possible on July 1st. Legalization is a project from the traffic light coalition agreement. However, domestic politicians from the SPD in particular had expressed concerns in January as to why the law could not yet be passed in the Bundestag.

https://www.zeit.de/news/2024-02/01/cannabis-legalisierung-koalitionsfraktionen-legen-zwist-bei

[DaveInCalgary]

  Alfredo Pascual, CFA @alfrep28 15m ago "It looks like the German government coalition has resolved its disagreements on the planned quasi-legalization of cannabis and the law may be approved within the next couple of months, with the aim being for it to enter into force on April 1st." Matt Lamers @matt_lamers "I like the "quasi-legalization"

[DaveInCalgary]

Dr. brok. Oli MultiTalentFrey @multitalentfrey Translated from German The #CanG comes on April 1st, 2024. The disputes in spdbt  have been resolved. Nothing stands in the way of a vote in the next week of the Bundestag session (February 19-23, 2024). The Federal Council will discuss the law on March 22, 2024.

[DaveInCalgary]

  Kirsten Kappert-Gonther @KirstenKappert  2:55 pm · 1 Feb 2024   Translated from German  Full commitment pays off! The knot has burst, the #CanG is coming! Finally. Schedule for #Entkriminalisierung on April 1st is held. #cannabis