Key European government ministers have concluded more work must be done to craft a sustainable framework for regulating recreational cannabis across the region – arguing the current situation is untenable after an unusual meeting of top officials earlier this month.
Government ministers from Germany, Malta, the Netherlands and meeting host Luxembourg met July 15 to discuss adult-use cannabis regulation and the legal issues involved in market oversight.
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Industry officials called the meeting a positive first step in developing a workable regulatory solution for overseeing the production and sale of legal recreational cannabis within the European Union.
“I would say this is a step in the right direction,” Niklas Kouparanis, CEO and co-founder of Frankfurt, Germany-based Bloomwell Group, told MJBizDaily.
“This meeting may indicate the beginning of a much-needed multinational reform within the European Union.”
The gathering – believed to be the first of its kind and held at
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