Marijuana in German. The Polish industry can only dream
German governments set up a law to legalize access to marijuana. The world market in the beginning, the medical balance as well. recreational, effect. There are several companies in Poland that are trying to be pioneers in this industry, counting on an excessive pie when the issue of decriminalization is successfully passed in the Sejm.
This week, the federal government of Germany established a law that legalizes the possession and cultivation of marijuana to the so-called playing recreationally. According to breeders, up to 30 grams of marijuana will be legal, as well as growing up to three plants, of course, only for adults.
As reported by Rzeczpospolita, the law is to be the most liberal in Europe. “This could be a model solution for Europe,” Health Minister Karl Lauterbach (SPD). Among other things, because it is to eliminate the black market – comments on the provisions of the regulations.
European trend
However, Europe, and strictly speaking EU law, stands in the way, the German Bundestag may vote on a round. It is one of the framework decisions from 2004, which requires every EU country to punish the production, sale and turnover of purchases without requisitioning.
On the other hand, on the continent, for years, the wave of legalizing or at least decenalizing various forms of use of products with tetrahydrocannabinol (THC) content, not to mention medicine, which has been legal in Poland since 2017, has been increasing for years. in “loosening” and such a restrictive counter.
Only in our part of Europe, medical use is legal in Germany, the Czech Republic, Lithuania, Estonia, Romania, Moldova or in the Scandinavian countries. In total, 29 countries in Europe have adopted legislation in this context.
Polish little steps
New law in Poland. from May 2022, it raised the THC care limit in hemp from 0.2%. up to 0.3%, the possession of which is legal. Also, it was legal in Poland to only grow cannabis, they provide THC alternatives, as well as under restrictive conditions.
This is one of the reasons why medicinal marijuana comes out of THC had to be imported from overseas. The new regulations already allow the cultivation of non-fiber hemp or above 0.3%. THC, such as e.g. cannabis.
However, still only for development and research purposes, and updates under the control of other RFID (Plant Remote Radio) systems for verification of plants, harvested and destroyed, and for plant location.
Having products above THC 0.3% I’m still being punished. However, hemp is not only THC, but also oils, extracts containing other cannabinoids, such as CBD. Products with collective packaging are very similar in sales, cosmetics or food, collective packaging. Besides, crops in textile and paper industry.
A market worth billions
The thing, however, is about legalizing THC. In Europe, the first country to liberalize first is Malta, where in 2021 it became lawful for adults to have up to 7 grams of dried fruit and to grow up to 4 plants.
This is an example, so far, the most liberal and by nature with around half a million options. However, Germany, where over 83 people live, is heading in this direction. There is also a larger group of countries in Europe where science and marijuana are not criminalized. The so-called the policy of tolerance is the domain of the Netherlands, Spain and the Czech Republic.
Legal aspects translate into the global cannabis market. The report “Global Report and Cannabis Trends Through 2025” according to the latest report “The New Frontier Data” and “Adult That Sales on Legal Benefits Exceed 50 Billion in 2025”. At the same time, illegal sales will amount to more than $ 445 billion.
The industry is strongly represented in the USA, where companies such as Aurora Cannabis, Cronos Group, OrganiGram Holdings Amyris expand their activities beyond North America for use as common use.
Hemp companies
In Poland, this area of the market has been developed by domestic companies for several years. There are even a few companies listed on the stock exchange that develop their product lines adequate to the state of the art, but also still be for other times that may be effective will come along with the liberalization of the law.
2.3 million consuming cannabis – legally and illegally. The market is already worth PLN 900 million, and by 2026 it will grow to PLN 2.2 billion. It could be worth even more, the government legalized the domestic production of medical marijuana and simplified procedures for importers – reported in Polish Forbes. Listed companies can count on such events.
is associated with the chosen one, which is immediately associated with the industry, is present from May 2019 on the Cannabis Poland market. In strategy companies we can obtain about the sale of hemp products, among others for the beauty industry, for athletes or even for … dogs and cats. A year ago, after improving the development of the HempWish and Vapem brands.
Another first is Labanna, whose current strategy was created to plan the growth of medical medicine on the side of the law. New ones came into force, and the company has changed to them freedom and assume checking if the crop. For this purpose He cooperates with one of the research institutes, which, according to new rules to grow non-fiber hemp.
There is also Hemp & Health, which could not be changed in 2019, when after changing the strategy, the former (Hemp & Wood, and not the former EBC attorney) turned to the “fashionable” future brand, The design of a number of projects which, however, failed. Recently, the company informed about the progress of the negotiations in health imports of marijuana from Canada.
The group of horse logos, for which you include the main value of the activity, is the production and sale of juices in your portfolio, but also, however, the excellence of Cannabis, in which she invested in the conclusions of, among others with January Ciszewski.
There is still a whole range of counter-directions outside the market that can operate in an organization with a common offer on crowdfunding platforms. The first one is, for example, the hemp plantwhich he collected the second largest capital on such a platform.
A pharmaceutical company has been preparing for the debut since then
Polnad has the ability to operate on each of the next Indian platforms. During the crowdfunding issue, PLN 4.4 million was collected in … 11 minutes.
It is not right not to talk about Piotr Marzec’s company The former MP, known to older readers as rapper Liroy, wants to conquer the industry not only in Poland but also abroad thanks to LiRoyal. Help this has the experience of the company’s founder, who has been analyzing and analyzing the hemp market since 1991. He also served as a member of the parliamentary medical marijuana team. He is the author of the law legalizing medical marijuana in Poland.
To just a few, who are more successful in posting material on existing crowdfunding platforms. There is no doubt that business sees a place for itself in foreign status, for the future ones to come with minimal marijuana or legal content. However, only the regulation of imports, decriminalization or a liberal approach to the subject, as soon as in our southern neighbors, or in Germany in a moment, will actually start the market.
Investments in activities in Poland, so that they remain the topic, and the activities of the activities listed on the stock exchange are eternal plans rather than income. It evolved what was the second, innovative liberalization that was similar to the one we observe not so long ago in America.
Michał Kubicki