InvestorsHub Logo
Followers 1144
Posts 102958
Boards Moderated 0
Alias Born 06/04/2009

Re: None

Monday, 10/17/2016 2:32:23 PM

Monday, October 17, 2016 2:32:23 PM

Post# of 53510
KGRI ~ Sixteen years after he first sought permission to cultivate cannabis, the German medical cannabis patient known as Michael F. has finally received authorization to grow his own. On Sept. 28, the Federal Institute for Drugs and Medical Devices (BfArM) granted him a temporary permit to cultivate up to 130 plants per year for personal use.
The move made Michael F. the first cannabis patient to receive government permission to cultivate cannabis. He may also be one of the last. The federal government and the Bundestag are preparing for a law that would force insurance companies in some circumstances to reimburse the cost of medical cannabis. It’s set to take effect early next year, though reimbursements wouldn’t begin until 2019.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.