Canadian Firms Forced to Play Waiting Game as Germany Hits Pause on Cannabis Licensing Process

Germany is seen by many as the crown jewel of the European medical marijuana market. Canadian companies hoping to grow cannabis in Germany are looking at a delay of several months or more, following a German court decision on Wednesday to halt the government’s tender process for cultivation licences. A number of Canadian companies and their German subsidiaries were believed to have been on the shortlist for the 10 licences, including Canopy Growth Corp., MedReleaf…

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Author: Mark Rendell, Financial Post