Mmastodon BusinessStartups first seen 19 h ago, last 1 h ago, peak #8
Many cannabis start-ups set to exit German market
Original: https://www. wiwo.de/unternehmen/handel/leg alisierung-viele-cannabis-start-ups-werden-aus-dem-markt-ausscheiden-/293486
Germany's partial legalisation of cannabis is reshaping the young industry, and many start-ups are not expected to survive it. According to WirtschaftsWoche, industry figures predict that a large number of cannabis start-ups will drop out of the market, as legalisation has not delivered the boom many founders hoped for. Heavy competition, regulatory hurdles and cautious consumers are being cited as reasons for expected consolidation.
Why now: The German cannabis legalisation is in the news and its mixed early results are prompting debate about which start-ups can survive.
WirtschaftsWocheGermanycannabis start-ups
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