German cannabis imports growing as Canada’s leading share wanes

Septmeber 9, 2022 Germany imported a record amount of cannabis for medical sales and scientific use in the first half of this year, putting the European Union’s biggest market on pace to match or possibly surpass 2021’s total.

The data paints a picture of a medical market that is growing consistently, though not at the blistering pace some analysts had forecast amid the cannabis stock market mania of 2018-20.

Separate data also shows Canada’s role as the country’s top supplier has waned as competition to supply the prized, if still small, German market intensifies.

Cannabis companies in Denmark, the Netherlands and Portugal also supply the German market.

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