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Mmastodon BusinessStartups first seen 4 h ago, last 13 min ago, peak #8

Germany's cannabis start-ups face a market shakeout

Original: https://www. wiwo.de/unternehmen/handel/leg alisierung-viele-cannabis-start-ups-werden-aus-dem-markt-ausscheiden-/293486

Germany's partial cannabis legalisation was expected to open a boom market, but many of the start-ups that rushed in are now expected to exit. Industry watchers say weak demand, tight advertising rules and regulatory uncertainty are pushing numerous young cannabis companies out of the market, prompting debate about whether the legalisation framework can sustain a viable commercial sector.

Why now: New reporting suggests legalisation is thinning out rather than growing Germany's cannabis start-up scene.

Germanycannabis start-upsWiwocannabis industry

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