🇩🇪 Dem Cannabis Bucks

Check out the cannabis stocks set to dominate Germany's new market.

Happy Tuesday, Cannabin-vestors! Canadian cannabis companies could see valuations soar by up to 300% with tax reform, new report shows.

Plus, check out our cannabis chart of the week: Is consolidation increasing in cannabis?

Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.*

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TOP STORY

Yelling Germany GIF

Briefly: Germany's historic step towards cannabis legalization, effective April 1, 2024, opens a new chapter in the global cannabis industry.

So Basically: Germany is only Europe’s third country to legalize adult-use cannabis.

So Then: Canadian leaders such as Aurora, Canopy Growth and Tilray are expected to reap the most benefits from the regulatory change.

So What? With the German cannabis market projected to expand to €1.7 billion by 2025, from a relatively modest base of 28,000 patients in 2023, the stage is set for Canadian exporters to capture significant market share.

WHERE DEALS GET DONE

The Benzinga Cannabis Capital Conference is where deals get done.

With 2,000+ decision-makers in one room, attendees have the chance to engage in a year's worth of networking in just two days. More than 100 CEOs and 200 Investors confirmed for Investment and Branding on April 16th - 18th at The Diplomat Beach Resort in Hollywood, FL.

Boris Jordan, executive chairman of Curaleaf, to deliver Keynote Speech.

ZINGERS

Utah hospitals will soon provide psilocybin and MDMA therapy for mental health conditions

Vape hardware secures top product award for this cannabis company

Tax dilemma: A closer look at IRS roadblock for cannabis businesses

New Yorkers! Be ready to bite into Mike Tyson's new cannabis treats, Here's where to find them

South Dakota bans sale of Delta-8 THC and other unregulated hemp product

ONE FOR THE ROAD

plant growing GIF

Briefly: Flora Growth shares are trading higher today, and the stock is up more than 35% over the past five days. Here's a look at what's going on.

What To Know: Shares of cannabis-related companies have gained on renewed optimism that the DEA may reschedule cannabis following recent comments from VP Kamala Harris.

What Else: Flora Growth shares were also bolstered by the aforementioned announcement of legalization in Germany.

So What? At the time of writing, Flora Growth shares were trading down 7.10% at $1.58 per share, according to data from Benzinga Pro.

WHERE DEALS GET DONE

The Benzinga Cannabis Capital Conference is where deals get done.

With 2,000+ decision-makers in one room, attendees have the chance to engage in a year's worth of networking in just two days. More than 100 CEOs and 200 Investors confirmed for Investment and Branding on April 16th - 18th at The Diplomat Beach Resort in Hollywood, FL.

Boris Jordan, executive chairman of Curaleaf, to deliver Keynote Speech.

KEEP READING

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