Cannabis company aims to go public. As a narcotic, it still requires a lot of effort for doctors to prescribe cannabis.
As soon as this hurdle falls, this could give Canify a boost, says managing director Sascha Mielcarek. The law on cannabis legalization is expected to be passed in the Bundestag next week so that the first stage of legalization can come into force in April. The bill would allow adults to possess up to 25 grams of cannabis for personal use and to grow three cannabis plants at home.