Germany Is Quickly Gaining Bipartisan Support On The Legalization Of Cannabis

An interesting global trend that is taking shape is related to how political parties are finding common ground on the legalization of cannabis.

In the United States (US), there are a handful of topics that have support from the Democrat and Republican party. When it comes to these topics, we believe that legal cannabis legislation the highest level of bipartisan support and expect to see a change in regulation in the near future.

Germany is another country that has found a significant amount of bipartisan support for the legalization of cannabis. We have been bullish on the cannabis opportunity in the European Union (EU) and consider Germany to be one of the most attractive markets.

Several North American cannabis companies have a substantial amount of leverage to the EU cannabis market and we believe that legalization in Germany would create a domino type effect in other countries. If this scenario was to play out, we believe the global cannabis industry would enter a new growth cycle and are bullish on the potential value that can be created through the opening of new medical and recreational cannabis markets in the EU.

Recently, we read an article that discussed how Germany’s Free Democrats Party (FDP) could easily find common ground with the center-left Social Democrats and the Greens on cannabis. The leader of the FDP alluded to the possibility of the political parties forming a traffic light coalition and we are favorable on the rhetoric that is being used in the discussion.

These statements come after Germany had its national election on Sunday and after Angela Merkel announced that she would step down after 16 year of leadership. Germany is Europe’s largest economy and we believe the change in power could prove to be beneficial to the legal cannabis industry.

In the near future, we expect to learn a lot about the German cannabis industry and expect the easing of regulations to prove be a major positive for the future of the EU cannabis industry. We believe the EU cannabis industry is nearing an inflection point and Germany could be the catalyst that it needs to get over the hump.

If you are interested in learning more about the companies that are levered to the German cannabis market, please send an email to support@technical420.com with the subject “German Cannabis Companies” to be added to our distribution list.