Emerging Opportunities for Cannabis in Denmark
The historical significance of cannabis in Denmark is reflected in the country’s modern cannabis laws. There is ample opportunity to invest in or enter the cannabis market as a business — if you know where to start.
To learn more about Denmark’s modern cannabis industry, continue reading this comprehensive guide and contact Higher Yields Consulting today.
Legalization of Cannabis in Denmark
Medicinal cannabis was legalized in Denmark in 2018 as part of a four-year medical cannabis pilot program, which granted 47 companies permits to grow and cultivate medicinal cannabis in Denmark. The program also permitted doctors to prescribe medicinal cannabis to their patients.
Additionally, the Danish government has approved a number of synthetics and cannabis extracts for medicinal use:
- Sativex is an extract of the cannabis plant and one of the leading medications available.
- Marinol and Nabilone are synthetically derived cannabinoids available for medicinal use. They became available for prescription in 2018 when the Danish Medicines Agency (DMA) put the medicinal cannabis program into effect.
It presently remains illegal to possess recreational cannabis in Denmark, but personal use is no longer listed as a crime in the country. The penalty for possession of small amounts of cannabis is typically a fine and not imprisonment.
In early 2022, members of the Danish parliament proposed a five-year recreational cannabis program that would reflect the country’s 2018 medicinal cannabis pilot program. The program would allow sales at state-controlled cannabis outlets and legalize buying, possessing, growing, and consuming recreational cannabis in Denmark.
Questions on Cannabis in Denmark?
THE HISTORY OF CANNABIS IN DENMARK
Denmark has a long history of cannabis use, dating back to the Bronze Age. Researchers in Denmark found evidence of cannabis seeds in the teeth of two buried individuals. The research suggests these burials are dated back to somewhere between 1600 to 1050 B.C.
There is evidence that even the Vikings took part in consuming cannabis. Throughout the Nordic countries, they often used hemp materials to construct ropes for their famous Viking ships. It is also believed that Vikings and Völvas (seeresses) used cannabis for ritualistic purposes.
The first industrial hemp license was issued in 1998 by the Danish Agricultural Agency, which predates the earliest medicinal cannabis legalization in the state of California and puts Denmark closer in line with other neighboring countries like the Netherlands.
CANNABIS PRODUCTION IN DENMARK
When the Danish government established its medicinal cannabis pilot program in 2018, it granted 12 companies permits for growing and cultivating medicinal cannabis in Denmark.
To be granted a permit, interested companies first had to submit an application to get their cannabis products accepted to the DMA’s product list.
Those that were approved were then able to distribute their products to preapproved doctors and pharmacies across Denmark. In May 2021, the Danish government agreed to extend the medicinal cannabis program for another four years.
Contact Us to discuss cannabis Licenses in Denmark
STARTING A CANNABUSINESS IN DENMARK
To start a medicinal cannabis business in Denmark, including hemp processing facilities, you must be licensed by the DMA.
Keep in mind that there are strict requirements involved in the growing and cultivation of medicinal cannabis in Denmark. Please carefully read and understand the Danish laws on cultivation licensing.
Applicants interested in growing and manufacturing licenses should pay close attention to a few aspects:
- All plants and materials used for extraction purposes must be free from pathogens. If a facility receives its electricity from outside the cannabis operation, written authorization from the owner of that electricity source must be submitted.
- If a facility receives its electricity from outside the cannabis operation, written authorization from the owner of that electricity source must be submitted.
- All application forms are available in Danish only.
INVESTING IN CANNABIS IN DENMARK
Cannabis continues to rise in popularity throughout the world, and as more and more European countries begin cannabis programs, the potential for growth in a country like Denmark, that has an established program, is potentially unlimited.
Marijuana Business Daily has reported on the booming Danish cannabis industry and found that the country continues to expect a sizable amount of growth. You could buy an existing business or start from scratch, but no matter what type of investing you plan to do, be sure to know what’s legal.
Denmark has its own set of regulations for cannabis growers and distributors, which means it’s important to know if your investment will be up-to-date with local laws.
That said, there are still options for people who want to be involved with cannabis in Denmark. Don’t miss out!
Last updated: July 2022
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