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Story perspectives

Global Cannabis Market Shifts: Canada Thrives, Germany Emerges

5/20/2025

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Story summary
  • Canada’s legal cannabis industry has added over $43.5 billion to GDP since legalization, despite facing emotional business challenges.
  • Germany's cannabis market is expanding quickly, with projections of nearly 900,000 medical patients by May 2025.
  • The German Cannabis Act (CanG) reclassified cannabis as medicine, simplifying prescriptions and enhancing domestic production.
  • Curaleaf launched a hemp-only store in Florida, addressing consumer demand for hemp products amid regulatory hurdles.
  • The global cannabis market is changing, with Germany emerging as a significant player in international commerce.