Conservative and center-left parties reached an agreement Wednesday to form a new German government that leaves the country’s progressive marijuana policies intact – at least for now.
German election winner Friedrich Merz, who is set to replace Chancellor Olaf Scholz in May, needs approval from the Social Democrats and Merz’s Christian Democratic Union (CDU) party before the transition can take place, the Associated Press reported.
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Niklas Kouparanis, CEO and co-founder of Frankfurt-based medical cannabis company Bloomwell Group and operator of Germany’s largest telemedicine platform, said the new government is holding off on evaluating the existing Cannabis Act, which enabled the establishment of marijuana social clubs.
“Germany’s cannabis industry is breathing a sigh of relief,” Kouparanis said in a statement.
“The new government
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