In order to be able to meet the demand when the cannabis legalization announced by the government becomes effective in Germany, a new cultivation alliance was recently established. The founding members are Cannovum AG and Hortensien Spieker. The horticultural company from Ibbenbüren wants to produce up to 10.8 tons of cannabis per year in the future, in addition to ornamental plants.
"Germany consumes up to 400 tons of cannabis per year"
If the approval comes from Brussels, large quantities of cannabis would be needed to legally meet demand in the Federal Republic - according to estimates by the German Hemp Association, up to 400 tons of cannabis is consumed in Germany each year. To serve this market, Berlin-based Cannovum AG says it has now founded a premium cultivation alliance. The goal is to build a network of companies and partners that will become a strong stakeholder group for the cannabis industry "and, with the upcoming legalization, will quickly be able to meet the demand for high-quality legal cannabis in Germany," according to the publicly traded and fully licensed cannabis company.
Hortensien Spieker wants to enter legal cultivation
In addition to Cannovum, a founding member of the new cultivation alliance is the horticultural company Hortensien Spieker, based in Ibbenbüren, North Rhine-Westphalia, which specializes in the production of five different types of hydrangeas and has around 70 different varieties in its range. In the future, the family business founded in 2014 also wants to grow cannabis legally on a large scale, which is why owner and managing director Tim Spieker is already preparing his own separate location with new land in the event of legalization. Within the legal possibilities and guidelines, Spieker says he expects to produce up to 10.8 tons of cannabis per year there in a sustainable, CO2-positive manner.
"We want to use our experience and our high-quality standards to help ensure that people in Germany can consume a safe premium product," Tim Spieker said. The cannabis grown by Spieker will be sold exclusively to Cannovum, while hydrangea production will reportedly continue independently.
Source (in German): www.taspo.de