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Germany Becomes Ninth Nation To Legalize Cannabis

February 25, 2024
x min read

Cannabis has officially become legal in a new country: Germany.

What’s happening:

  • German lawmakers have officially passed a new vote that makes recreational cannabis legal
  • The new ruling will allow individuals to possess and cultivate cannabis for personal recreational consumption

Why it matters:

  • Decriminalizing recreational cannabis is a critical step towards embracing cannabis at a cultural level as well as bolstering startups and publicly traded companies who are pursuing producing high quality cannabis at scale

By the numbers:

  • Germany is now the 9th country globally to legalize cannabis for recreational purposes
  • Approximately 4.5M German citizens are estimated to consume cannabis

Yes, but:

  • While Canada, Australian and Europe have made favourable regulatory and legal changes to embrace cannabis, the United States is still yet to reschedule cannabis at the federal level

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