SynBiotic SE

Commented by Stefan Feulner on November 28th, 2022 | 10:41 CET

SynBiotic SE, Cardiol Therapeutics, Canopy Growth - Like hitting the jackpot

• Cannabis
• Investments

The final draft of the German government's key issues paper on the legalization of cannabis in Germany is ready, and final approval is likely to be a mere formality. For the companies concerned, this is equivalent to winning the lottery. The global cannabis market is expected to grow by 13.9% annually to USD 64.91 billion between 2022 and 2027. However, these profit increases have yet to reach the stock market. Some companies, for example, are trading below cash, while others lost more than 90% of their value in the correction that has been underway since 2019.