#demecan

Demecan Eyeing €40m Investment As It Aims To Become Germany’s Largest Adult-Use Cannabis Cultivator

GERMAN cultivator Demecan has welcomed proposals which will see all cannabis for its forthcoming adult-use market grown domestically. The Traffic-Light Coalition’s policy pathway for a regulated market was unveiled by Health Minister Karl-Lauterbach (SPD) last week, as reported in BusinessCann. One of the key points is its intention to ensure the market is solely supplied by German-domiciled…

Demecan On-Track To Hit Early 2022 Harvest After Fund-Raising Boost

GERMANY’s sole domestic cannabis producer is expected to harvest its first crop in early 2022 after securing additional investment to complete its production facility. Demecan, which was founded in 2017, is one of three companies permitted to cultivate cannabis in Germany by the Federal Institute for Drugs and Medical Devices. Some 4,000 cannabis plants will be sowed in October at its new…

Eurox To Launch First ‘Made In Germany’ Cannabis Derivatives Into The Domestic Market

THE first home-made medical cannabis products will debut on the German market within weeks. This comes as Eurox Group – the producer of the derivatives range – has secured €3m growth capital from leading UK cannabis investors Fast Forward Innovations. And, after securing over £10m of investment to date, Eurox has started work on its first cultivation asset in Portugal. Speaking to BusinessCann…