PINL:HERTF - Post by User
Comment by
inviolablspiriton Mar 28, 2024 4:42pm
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Post# 35959049
RE:RE:RE:RE:RE:RE:RE:RE:RE:YEAR END FINANCIALS
RE:RE:RE:RE:RE:RE:RE:RE:RE:YEAR END FINANCIALSAdd in the addition of the German market through white labels with WEED and things keep on going in the right direction for CANN.
There is only one German company that is allowed to legally grow cannabis the other two are Canadian. Most of the market in Germany is imported due to their strict laws on how much they can grow (i.e. 1 ton/year). That cap gets removed on Monday, April 1st. The black market tonnage in Germany is closer to 4500 tons/year. A potential $10+ billion market. $250+ billion market across the EU if other countries begin legalization.
I wonder if CANN is considering entering the German or EU cannabis market. Canadian companies are so far ahead in product development compared to many others.