Economy

Grass supplies are dwindling rapidly.

A record-breaking sales success.

SymClub
May 3, 2024
1 min read
NewsNews domesticDrugsMarijuanasmoking potCologne regional newsTherapyCannabisMedicine
Henn's company gained 300 new customers in April, says the "Cannamedical" boss
Henn's company gained 300 new customers in April, says the "Cannamedical" boss

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Post-legalization, a marijuana merchant shares his secret - Grass supplies are dwindling rapidly.

Smoking marijuana has become legal in Germany since April 1st. This isn't only good news for casual smokers but also individuals who experience chronic pain. Because medical cannabis is no longer considered a narcotic, but simply a prescription medication, patients with medical needs can now obtain their weed much faster. This has greatly benefited wholesalers of marijuana, but they're also feeling the strain.

One of these wholesalers is David Henn (33), the CEO of Cannamedical, based in Cologne and elsewhere. He shared his experience, saying, "April has been our busiest month in the last eight years. We delivered around 350 kilos of medicinal cannabis to pharmacies, generating sales of about 2.5 million euros. In March, it was only 190 kilos."

He also forecasts that marijuana consumption will continue to increase: "I predict that demand will escalate even further, and the cannabis market in Germany will reach over one billion euros in sales annually in the next one and a half years."

Why the sudden surge in patients using marijuana?

Henn explains, "The high demand is quite easy to understand. Since April, medical cannabis isn't classified as a narcotic but a prescription medicine, similar to ibuprofen 600. Patients now have the option to see a doctor through online clinics, which cost one euro for a consultation. In authorized exhibitions, the patient can redeem their cannabis prescription at the pharmacy." Many patients no longer need to make a trip to the doctor in order to get their medicine.

Due to the high demand, there might soon be a shortage of weed. Henn said, "Pharmacies are already ordering three times a week. This rate is very high. If this trend continues, I estimate that half of the suppliers might not be able to deliver during the summer months."

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Source: www.bild.de

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