Indopedia All Things Marijuana
The Parliament of Luxembourg has adopted a law on the use of medicinal cannabis. After the international trade in cannabis shares threatened to be compromised as a result of the – until July – illegal status of medicinal cannabis in Luxembourg, everything went very fast.
On 28 June 2018, the Parliament of Luxembourg adopted a law on the medicinal use of cannabis. Cannabis may now be prescribed in the form of flowers or over-the-counter drugs to alleviate chronic pain and nausea as well as vomiting when undergoing chemotherapy and muscle cramps when suffering from multiple sclerosis. At the same time, the members of Parliament have – literally at the last minute – made it possible for many investors in cannabis shares to keep their Deutsche Börse AG cannabis shares, which are being held for safekeeping in Luxembourg, in future as well.
A week of uncertainty
Cannabis industry shareholders experienced major uncertainty on June 22. It looked like shares of cannabis producers that were traded in Germany and which had been…
