The decision of the coalition government to pass a new, less strict cannabis law in Germany marks a turning point for entrepreneurs and start-ups. This development opens up exciting opportunities, especially for innovative business ideas in the emerging cannabis market. As someone who supports start-ups – especially those with a digital focus – I have received an increasing number of inquiries on this topic in recent months. My experience in drafting general terms and conditions and shareholders’ agreements is particularly in demand in these times of change.
The new law brings significant changes. Possession of up to 50 grams of home-grown cannabis is now permitted, which is a significant increase on the previous 25 grams. The rules regarding consumption in the vicinity of schools have also been relaxed. In addition, the penalties and fines for the possession of cannabis have been reduced, creating a more relaxed environment for consumers and business operators.
However, these developments also mean that start-ups that want to enter this market need to be well prepared, especially from a legal perspective. Contracts must be carefully drafted and general terms and conditions must be formulated clearly and comprehensibly. Compliance with legal requirements is essential. In my work with digitally oriented start-ups, I have seen how important a solid legal foundation is. It’s not just about knowing the current laws, but also about minimizing potential risks in advance and developing future-proof strategies.
For anyone wishing to enter the cannabis market, it is advisable to consult with an experienced lawyer. A lawyer who not only knows the legal pitfalls but also understands how to successfully set up and manage a startup can be crucial to success. In my practice I offer exactly this kind of support. With my experience in advising start-ups and drafting legally compliant contracts and general terms and conditions, I can help you put your company on a solid footing.
The new cannabis law offers many opportunities, but as with any business, especially in such a new and dynamic market, it is important to be well prepared. With the right legal advice, start-ups can not only thrive in the current market environment, but also establish themselves successfully in the long term.
The legalization of cannabis in Germany is a significant step that opens up new business opportunities. For start-ups that want to take advantage of this opportunity, it is crucial to ensure that they are legally protected and to draw on the expertise of an experienced lawyer. If you would like to found or expand a startup in the cannabis sector and need support with legal issues, I will be happy to assist you. With my extensive experience in startup consulting and contract drafting, I can help you successfully navigate and build your business.