2 Canadian Winners in Long-Awaited German Cannabis Tenders

Article by Mark Taylor, Green Market Report

2 Canadian Winners in Long-Awaited German Cannabis Tenders

White smoke emanating from Germany’s medical agency signals the wait is over to find out which firms have been awarded medicinal cannabis tenders for Europe’s top market.

Two Canadian firms, Aphria and Aurora Cannabis and Germany’s Demecan have won out, it has emerged.

The three companies will split a four-year tender to grow 10,400kg between them. Aphria won five of the 13 lots, with Aurora Cannabis and Demecan handed five and three lots respectively.

The tendering process has been dogged with delays and several court cases as frustrated German firms sued the Federal Institute for Drugs and Medical Devices (BfArM), the regulatory authority responsible for oversight, over its handling of the licencing.

Germany’s 83m population and standing as the top European market makes it a key jurisdiction for firms looking to become the number one global cannabis company.

BfArM has not yet made an announcement, which some industry watchers claim is linked to the 10-day window for losing firms and other parties to legally contest the decision.

The three companies were selected from a field of 79 entrants, at the second attempt by the German government. They were graded on domestic cultivation, based on a points system focused on infrastructure, quality standard, security plans and price.

Read the full article here.

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