On Friday, a Berlin startup became the first medical cannabis company to list on the Frankfurt stock exchange.
After a draft of the German government's cannabis legalization measure was leaked, it seems the EU country is getting closer to setting up retail marijuana distribution, possession and home cultivation.
With the ticker symbol “HIGH,” shares of the Berlin-based company HIGH, +200.93% rose as high as €19.70 Euros after the IPO was priced at €6.48 per share. One Euro equals $1.04 US dollar.
The First MMJ Company On the Frankfurt Stock Exchange
Cantourage, a startup founded in 2019 that imports, processes and distributes marijuana for medicinal purposes, was looking for a …