Germany's cannabis law took effect Monday, making it the second Group of Seven country to legalize and regulate adult-use cannabis. German cannabis campaigners and aficionados lit celebratory joints at Berlin's Brandenburg Gate at midnight early Monday, gathering for a historic moment in the country's drug policy.
Cannabis is classed as a narcotic in Germany but that will change from April 1. On that date, adults can now possess up to nearly one ounce of marijuana and grow up to three plants for personal use. This move makes Germany the largest EU nation to legalize recreational cannabis, despite facing criticism and concerns about the potential impact on society.
FRANKFURT, Germany (AP) — Marijuana campaigners in Germany lit celebratory joints on Monday as the country legalize possess of small amounts of cannabis for recreational use. The change in law allows adults to grow a limited number of plants for personal consumption, marking a significant shift in the country's stance on cannabis.
Germany has recently relaxed its cannabis laws, allowing adults to possess up to nearly one ounce of marijuana and grow up to three plants for personal use. This move has been met with mixed reactions, with some welcoming the change while others express concerns about the potential consequences on public health and safety.
Adults can now grow up to three marijuana plants for private consumption, but some fear the black market will be strengthened if demand for legal cannabis exceeds supply. The government is implementing regulations to control the production and sale of cannabis products to mitigate these risks and ensure public safety.
Cannabis stocks are on the move Monday as investors react to the news that recreational marijuana is now legal in Germany. The market for cannabis products is expected to grow significantly in the country, creating new opportunities for businesses and investors in the industry.
Cannabis is no longer illegal in Germany- long-awaited news for the country's 4.5 million consumers. German residents over the age of 18 can now legal possess and grow limited amounts of cannabis for personal use, marking a significant shift in the country's drug policy.
