Niklas Kouparanis, CEO and co-founder of Bloomwell Group, told the Investing News Network , signed on as a new board member with his company.
Kouparanis said he expects Germany to eventually arrive at legalization, but it won’t happen overnight.
Although US cannabis companies have been slow to set their sights globally, Canadian cannabis companies set up divisions across the world in order to show their support and interest for a global cannabis market opportunity.
At the end of October, Luxembourg went ahead and confirmed its plans for cannabis legalization, indicating it could become the first nation in Europe to do so.