Conservative leader Friedrich Merz’s election victory in Germany could result in a potential slowdown or reversal of the European Union nation’s recent cannabis reform as his party has previously opposed legalization efforts.
Merz has said the new policies, which allow adults to possess up to 25 grams of cannabis and grow three plants per household, have led to an increase in drug-related crime.
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But Niklas Kouparanis, co-founder and CEO of Frankfurt-based Bloomwell Group, said that while a different outcome would have provided more stability for the cannabis industry, Merz, who aims to lead as chancellor, and current Chancellor Olaf Scholz have said forming a government is urgent.
Merz’s win likely will result in a coalition between his Christian Democratic Union (CDU) and
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