Germany's wholesale medical cannabis price of 2.3 euros per gram signals no windfall for suppliers

The German federal government will buy at least 650 kilograms (1,433 pounds) of medical cannabis flower from domestic producers for approximately 1.5 million euros ($1.66 million) per quarter, which sets the average wholesale price at 2.3 euros per gram. The wholesale price implies that the high margins medical marijuana companies once enjoyed in that market could soon become a thing of the past. The German subsidiaries of Canadian-based Aurora Cannabis (250 kilograms per quarter) and Aphria (...