Since Germany’s ‘traffic light coalition’ was voted in late last year, bringing with it the promise of a recreational cannabis market in Europe’s largest economy, a new wave of investment has flooded into the sector. While the excitement surrounding the opportunity is justified, with the latest figures from Prohibition Partners estimating the German adult-use market could be worth €114m by 2026, a number of significant hurdles remain for the German government to overcome before the nascent market can reach its full potential. Ahead of Cannabis Europa London 2022, BusinessCann spoke to Carlsquare’s Arnold Holle to discuss these opportunities, possible solutions, and whether the Government may have bitten off more than it can chew. Can you tell us a little about who you are and what work you do at Carlsquare, particularly in relation to the cannabis industry? I’m German by nationality and have been an investment banker here in London now for more than 20 years. I was initially with Goldman Sachs and then with UBS, but from day one, I was in their consumer teams working with food companies and OTC drugs.
Cannabis Business Executive – Cannabis and Marijuana industry news, 04/20/2022 22:05:00