This Week in Cannabis Investing: Weed Legalization in Germany Could Trigger Changes Across Europe

Steps being taken for weed legalization in Germany could clear the path for more European countries to embrace recreational cannabis use.

EU flag superimposed over marijuana leaf
(Image credit: Getty Images)

The legalization and commercialization of cannabis, adult-use and medical, continues with many more projected years of double-digit growth – and weed legalization in Germany could be next. 

Last month, the ruling coalition in Germany released a blueprint for establishing Europe's first taxed and regulated adult-use market. As Germany inches towards cannabis legalization, this could spell big changes for the rest of Europe. Several European Union (EU) countries, including Greece, Italy and France, have legalized medical marijuana and are considering broader legalization measures.  

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Morgan Paxhia
Contributing Writer

Morgan Paxhia is Managing Director and Co-Founder of Poseidon Investment Management. With over 10 years experience in investing and finance, Morgan has developed a deep understanding of individual company analysis, portfolio construction, and risk mitigation. This content is not intended to provide any investment, financial, legal, regulatory, accounting, tax or similar advice, and nothing should be construed as a recommendation by Poseidon Investment Management, LLC, its affiliates, or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. An investment in any strategy involves a high degree of risk and there is always the possibility of loss, including the loss of principal. This content should not be considered as an offer or solicitation to purchase or sell securities or other services. Any of the securities identified and described herein are for illustrative purposes only.  Their selection was based upon nonperformance-based objective criteria. The content presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Past performance is not indicative of future results.