Is there a technological boom in German cannabis on the horizon?

0
40


The ruling coalition entering Germany, often known as the “traffic light coalition,” recently announced plans to introduce a measure to legalize cannabis for adult use.

The pending legislation will be introduced in the next session, according to the coalition, which is made up of members of the Social Democratic Party of Germany (SPD), the Free Democratic Party (FDP) and the Greens.

Legalization in Germany was discussed at length at the last International Cannabis Business Conference in Berlin, where there was a historic panel on cannabis policy in Germany with panelists representing all major political parties.

Germany will not be the first to legalize cannabis for adult useHowever, legalization in Germany could prove to be more significant than the nations that have done so far.

Technology Center

Germany has long been home to a strong innovation community. The nation is known for its inventors, engineers, scientists and other leading international minds.

The country is already home to arguably the best medical cannabis industry in the world, and as a result, innovative ideas, products and services are often appearing.

It’s no secret that when there is a lot of money involved, which is clearly the case with the emerging legal cannabis industry, innovators strive to bring the next revolutionary idea to market in order to reap the financial rewards.

Legalizing adult use will only further contribute to this happening in Germany, especially if Germany beats all other European nations to implement a regulated industry for adult use.

The world will benefit

Technological advances within Germany’s emerging cannabis industry will directly benefit consumers, patients, business people, investors, and industry service providers in Germany.

However, the benefits will not remain within the borders of Germany. As the legal cannabis industry is globalizing, what is happening in Germany will not necessarily stay in Germany.

Undoubtedly, Germany will serve as a kind of cannabis technology think tank, and the truly innovative concepts that derive from it will no doubt be exported to other parts of the world.

It is very likely that legalization in Germany will cause the entire global cannabis industry to experience a major boost in innovation, and history will measure cannabis technology from before and after the implementation of German legalization.





Source link