Germany is taking a significant step towards cannabis legalization with pilot programs in Hannover and Frankfurt, allowing recreational cannabis sales for the first time. These five-year pilot programs will involve limited sales in designated stores, with a focus on data collection and harm reduction. This initiative aims to address the illegal cannabis market, provide a safer alternative for consumers, and inform future cannabis policy decisions.
Results for: Recreational Cannabis
As Connecticut transitions to recreational cannabis, concerns are emerging about the impact on medical marijuana patients. The state’s cannabis ombudsman, Erin Gorman Kirk, highlights the challenges faced by patients, including limited product availability and high prices. Venture capitalist Matt Hawkins explains how the shift to recreational use often impacts medical programs across the US, and he discusses different licensing models and their implications for investment.
While recreational cannabis markets boom, industry experts like Brandon Harshbarger, president of Cheech and Chong Global Holdings, express concern over the diminishing focus on medical marijuana. Harshbarger emphasizes the importance of medical cannabis in the initial push for legalization and fears that the industry’s focus on recreational use may overshadow its medicinal benefits.
Ohio has become the latest state to launch recreational cannabis sales, achieving this milestone just nine months after legalization. The state’s quick transition, attributed to its existing medical cannabis program infrastructure, places it among the fastest adopters of adult-use cannabis markets. Experts highlight the factors influencing the speed of implementation, including political alignment and program design. However, they also warn of potential product shortages as markets adjust to the initial demand surge.