Shortly before the third anniversary of the cannabis law as medicine, the Free Democratic Party (FDP) has asked the federal government about the turnover of medical cannabis in the past year in a small inquiry. Among other things, the FDP wanted to know whether the annual cultivation quantity of 2.6 t would be sufficient for the continuously increasing number of patients and which medical cannabis products were actually sold to patients.
If you want to check the world’s latest cannabis news, please, check Hemp.im mobile application. Stay connected to the top social networking sites, cannabis stocks, and other trending topics.
Federal government discusses cannabis in Germany
The Federal Government’s answer refers to the first ten months of last year and exclusively to the information provided by the Central Association of Statutory Health Insurance Funds (GKV). The Federal Government does not provide data on the number and turnover of privately insured and self-payers. For the period from January to October 2019, a 50% increase in sales of medical scanning products can be determined on this basis – from $9.29 million (€8.23 million) in January to $14.04 (€12.44 million) in October.
The largest turnover was achieved with the sale of cannabis-containing preparations, but also with unprocessed flowers: while turnover in the sale of preparations rose from $3.35 million (€2.97 million) to around $5.8 million (€5.2 million), turnover in flowers rose from $4.22 (€3.74 million) to also around $5.8 (€5.2 million) from January to October 2019. In December 2019, the GKV Spitzenverband itself provided the figures from January to September 2019 in this document, including a clear chart.
Cannabis on prescription
By September 2019, the statutory health insurance funds had reimbursed various cannabis medicines for a total of $97.5 (€86.4 million). It is therefore certain that the turnover of cannabis medicine in 2019 as a whole has already broken the $112 million (€100 million) barrier for the statutory health insurance funds alone.
However, what does not emerge from the Federal Government’s answer, and was not asked by the FDP, are current patient numbers. Already at the beginning of March 2019, the German Cannabis Association, based on the approval figures of the three largest statutory health insurance funds, estimated a total of 50-60,000 patients receiving cannabis on prescription, of which 40,000 are reimbursed by the statutory health insurance funds. Due to the rates of increase, it can be assumed that in 2020 the mark of 100,000 patients with statutory and private health insurance as well as self-payers in Germany will be exceeded.
Security of supply for patients still dependent on imports
Shortly after the publication of the call for tenders for the medical cannabis cultivation in Germany, experts stated that the production volume envisaged by the BfArM will not be sufficient in view of the constantly increasing number of patients. Despite the obviously far too low annual total quantity and recurrent supply bottlenecks, the German government assumes that the demand for medical cannabis flowers in Germany can be covered by the current and subsequent awarding procedure of the Cannabis Agency at the Federal Institute for Drugs and Medical Devices (BfArM) as well as by imports that will continue to be legally possible.
Cross-party criticism from FDP, LINKE, SPD, GRÜNE
This assumption of the Federal Government is an absurd one for the drug policy spokesman of the FDP, Wieland Schinnenburg, who would like to see Germany as an export nation when it comes to medical cannabis: “For many people, therapy with medical cannabis shows good results. Nevertheless, the German government is doing little to secure the supply of medical cannabis in Germany. Despite a dramatic increase in demand, it continues to rely on imports. I call on the German government to increase the production volumes for medical cannabis from 2.6 to 50 tons per year in order to meet the growing demand and make medical cannabis Made in Germany an export hit”, said Schinnenburg.
Criticism of the continued dependence on imports also comes from the Greens: “The hard cap on the cannabis cultivation in Germany was a mistake that the federal government should correct. The care of the patients must be ensured. In addition, there must be more freedom in the variety, because cannabis can be used for different complaints depending on its THC and CBD content. Small and regional companies should be given fair chances to participate in the cultivation. The patients who depend on cannabis as a medicine deserve the same attention and quality of care as everyone else”, said Kirsten Kappert-Gonther (GRÜNE) on request of the DHV.
Dirk Heidenblut (SPD) sees smaller progress with cannabis as a medicine but also criticizes the planning of the BfArM: “Last year, the law was tightened up and relaxed the approval requirements for therapy with medical cannabis. Once cannabis therapy has been approved, it can be adjusted without further approvals. For example, if the dosage or variety is changed. Even if this was a compromise of the coalition parties and I would like to see a much more extensive reduction of the authorization requirement, I am optimistic that this will establish cannabis more strongly as an important therapeutic alternative and will relieve patients. All this will not help if Germany will continue to be dependent on imports of medical cannabis. I have been calling for a long time for the medium-term alignment of demand and approved cultivation quantities in Germany. I expect that the next BfArM tenders will adapt to the reality of the market.”
Cannabis policy spokesperson of the Left Party, Niema Movassat, cannot understand the unrealistic plans of the BfArM at all: “The federal government still simply refuses to acknowledge the actual need for medical cannabis and tenders far too small volumes of cannabis that do not cover the demand. This is irresponsible and desperate, especially for patients.”
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Deutscher Hanfverband, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Delayed Brazilian entrepreneurship law: the harms to entrepreneurs
Regulations that were signed into Brazilian law on 28 February of this year have experienced a two month delay in...
A divided nation—a divided market: Credit Suisse weighs in on the presidential race
The US has never been more divided and this is being felt in the markets. The outcome of the presidential...
Battle of the markets: attacking the African hinterland
Containerized freight moving through the African continent’s ports is exploding. Even during any period of global deceleration, the continent’s container...
Crypto players want to be better regulated: are they crazy?
It is unusual to hear that a large number of industry stakeholders want stricter regulations, but this is exactly what...
Microfinance: a wise addition to the conscious investor’s portfolio?
In addition to microloans, microfinance institutions are increasingly offering savings accounts, insurance products and other related services, expanding the range...
Featured7 days ago
Green bonds, ESG and Covid bonds in fixed income funds
Featured6 days ago
IOTA secures its supremacy in the energy market with European partnership
Africa6 days ago
How the Ministry of Agriculture is trying to help farmers in Burkina Faso
Featured4 days ago
Are we moving towards 100% renewable energy in the coming years?