Fiscal Effects of Cannabis Legalization in Germany
On the 24th of November 2021 the new German government released the coalition agreement. Among other things the coalition between social democrats, the liberal and the green party decided that cannabis will be legalized in the upcoming term.
According to the Düsseldorf Institute for Competition Economics (DICE), the legalization will create an annual revenue of 4.7 billion euro. This treemap sums up the revenue by area.