29 July 2020

Latest Developments on the Proposed Legalization and Regulation of Cannabis

The current Luxembourgish legal framework regulates the access and use of cannabis for medical use, but is still criminalizing the possession and production of cannabis for recreational use.

The Grand-Duchy announced its plan to legalize cannabis for recreational use and production in Luxembourg. A legalized recreational cannabis market would allow market participants to use the full scale of the financial centre’s holding structures and instruments for European-wide operations.

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Press contact
Beate Dünschede
+352 271802-29
beate.duenschede@gsk-lux.com

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