Germany reveals wholesale health-related cannabis value at two.three euros per gram, signaling no windfall for suppliers

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MJ Biz report, “The German federal government will invest in at least 650 kilograms (1,433 pounds) of health-related cannabis flower from domestic producers for around 1.five million euros ($1.66 million) per quarter, which sets the typical wholesale value at two.three euros per gram.”

The wholesale value implies that the higher margins health-related marijuana firms as soon as enjoyed in that marketplace could quickly grow to be a issue of the previous.

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They ought to supply the Federal Institute for Drugs and Healthcare Devices (BfArM) with a combined total of 650 kilograms per quarter. The BfArM expects to obtain the initially shipments at the finish of 2020.

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Germany reveals wholesale health-related cannabis value at two.three euros per gram, signaling no windfall for suppliers

 

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