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International Business Times

Business

High Times For German Cannabis Firm Amid Medical Boom

Friedrich Merz Germany Bavaria Frankfurt Stock Exchange Marijuana

Medical cannabis has been a boon for the Berlin-based company whose website slogan says 'we love cannabis' and whose Frankfurt Stock Exchange ticker symbol is 'HIGH' (Credit: AFP)

At an undisclosed site in Germany's Bavaria state, pharmaceutical CEO Philip Schetter opens a 75-centimetre (30-inch) thick steel door that secures his wares: vast amounts of cannabis.

"Better safe than sorry," he says during a visit to the compound run by Cantourage, a producer and distributor of cannabis-based medicinal products.

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