Alfredo Pascual, CFA 🥨🧉

If it is to be said, so it be, so it is.
Personal Account - Views are my own | RT/Like ≠ Endorsement

[Hirsh Jain @anandastrategy]

What’s Next for German Cannabis? Alfredo Pascual, CFA

@alfrep28
@TheCannabisCon2

https://t.co/4PABvKJAMn

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@BMWE_ Wer schützt uns eigentlich vor dem staatlichen Übergewinn?

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@bundeskanzler Preise sind Informationssignale. Die Bundesregierung antwortet: ein Signal pro Tag und Problem gelöst! Als würde man dem Fieberthermometer verbieten, öfter als einmal täglich zu steigen.

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@SZ https://t.co/Vs8iJC19EC

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

Germany's medical cannabis market nearly tripled in imported volume last year, but the average price per gram dropped significantly.
Rapid market growth + price compression = market consolidation?
Shared my take with @SZ on the dynamics at play:

[Hirsh Jain @anandastrategy]

Poland Medical Cannabis Market Data Shows Full Post-Ban recovery, With a Catch

@alfrep28
@BofC_Global

"Polish pharmacies dispensed 5,450 kg of dried cannabis flower in 2025, a 12% increase from 2024."

https://t.co/OqyiLFjg0n

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@JoeCool_15 @business The import number is fine but the €2B is mathematically impossible unless you assume pretty much all imports are sold and the average price per gram is over €10. Both of which are unrealistic with prices starting at just over €3 and a big part of imports never gets sold.

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@business The import number is fine but the €2B is mathematically impossible unless you assume pretty much all imports are sold and the average price per gram is over €10 —both of which are unrealistic given that prices now start at just over €3 and a big part of imports never get sold.

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@420Odysseus Timetable likely hasn’t changed and remains uncertain. But this looks like a deliberate and fairly strong signal from CDU/CSU that they intend to "soften" the bill during the parliamentary process.

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

Following a Bundestag expert hearing, the CDU/CSU is signaling a potential retreat from its proposed hardline restrictions on the Medical Cannabis Act, now considering targeted "fine-tuning" of regulations instead of the broad bans originally intended.
https://t.co/CB5aqV3l6y

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

While US rescheduling dominates the headlines today, the UAE government has issued a Federal Decree-Law regulating industrial and medical uses of hemp with up to 0.3% THC.
https://t.co/8U16o4YXOW

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

Germany’s Bundesrat has adopted its position on the MedCanG. It backs tighter rules on pricing, advertising and foreign prescriptions for medical cannabis. Mail-order and online-prescription exceptions proposed by Thuringia were rejected. The bill now moves to the Bundestag.

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

📈 Germany sets another medical cannabis import record in Q3 2025: 56.9 metric tonnes, a 19 percent increase vs Q2 2025 (47.7 tonnes).
• Twelve-month rolling total (Q4 2024 to Q3 2025): 175 tonnes.
• Full-year 2025 projection: 200+ tonnes.

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

The German Bundesrat Health Committee has issued recommendations on the Medical Cannabis Act (MedCanG):
– No foreign prescriptions
– Binding price regulation
– Advertising ban
– Shipping ban as offense
Bundesrat vote on Nov 21. Outcome uncertain.
Source: Bundesrat 555/1/25

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

🇳🇱 How evenly are coffeeshops distributed in the Netherlands? End-2024 map shows residents per shop by municipality. Grey areas have none. Strong concentration in the Randstad, led by Amsterdam–Rotterdam–The Hague.
Source: https://t.co/wgL5SPRCZ2

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

@dave_calgary @420Odysseus There's still no Pillar 2 legislation, nor any recent sign of progress toward it. All applications for recreational pilot projects under Pillar 1 that have received government feedback which is public have been rejected so far. Example:
https://t.co/5EocobKptc

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

🇩🇪 German Cabinet has approved the Health Ministry’s proposal to tighten the Medical Cannabis Act (MedCanG).

Next stop: Parliament — where changes are not just possible but widely expected.

https://t.co/sliznrGSJ0

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

The Spanish Council of Ministers has just approved a Royal Decree regulating magistral formulas prepared from standardized cannabis preparations for medical use. The measure enables prescriptions when conventional treatments have failed.
Official source: https://t.co/8qe5Zssvnj

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

🇩🇪 Germany has just notified the EU of a draft law to tighten its Medical Cannabis Act (MedCanG) — TRIS No. 2025/0552/DE.
Still just a Health Ministry proposal, but Cabinet approval could come this week. Then the usual parliamentary process.
https://t.co/NW9qmBbXiI

[Alfredo Pascual, CFA 🥨🧉 @alfrep28]

Germany: Frankfurt's plans for a pilot program to sell cannabis to adults have been rejected by the Federal Agency for Agriculture and Food (BMLEH). The city has filed an appeal. Sanity Group has also appealed the rejection.
https://t.co/w4E7p8Bx7c