Bloomberg Quicktake's video: Germany Partially Legalizes Cannabis for Recreational Use

A law partially legalizing cannabis for recreational use in Germany will take effect on April 1 as planned, removing uncertainty for investors and startups in the sector after some lawmakers had threatened to block it. The country’s upper house of parliament, which represents the country’s 16 federal states, passed the disputed legislation on Friday after a heated debate. State leaders from the opposition Christian Democrats (CDU) criticized the law put forward by Chancellor Olaf Scholz’s three-party coalition on the grounds it ignored health risks from cannabis use, especially for young people. Read more: https://www.bloomberg.com/news/articles/2024-03-22/german-upper-house-passes-law-partially-legalizing-cannabis-use?utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social&utm_campaign=socialflow-organic&sref=omvmmwIg -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to Bloomberg Originals: https://trib.al/dJv9Uw8 Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow