Germany’s leading health insurance provider reported they have officially covered €75 million ($88.8 million) worth of medical cannabis sales so far this year, continuing a trend of strong annual growth. The German National Association of Statutory Health Insurance Funds (GKV), which covers the public health insurance for 90 percent of the country’s population, recently released data on medical cannabis sales for the second quarter of this year. Like many countries, there was a massive spike in cannabis sales when COVID-19 lockdowns began in March, but since then, sales have dipped back. Since 2017, German doctors have been authorized to prescribe medical cannabis. However, unlike most other countries, many patients are able to have the cost of these medications covered by their health insurance. As the industry has matured, and more patients have become aware of the medicinal powers of cannabis, sales have grown year over year.
Speed Weed, 09/24/2020 08:26:07