Since many years it is known that a partly legalization of hemp could bring tremendous advantages to a state or a country. On the one hand due to enormous tax income increases and on the other hand by taking it out of its illegal status and make it the more uninteresting for possible addicts.
Hanfgarten is a European based company with a focus of hemp cultivation for medical and private usage , e.g. as hemp tee or various other products. At the moment the European law situation is still very strict but there is a lot of potential that medical usage of hemp plants is the future and will increase. Therefore I personally see a lot of potential in a company like Hanfgarten to establish a good basis in the European market and be prepared for a probably more liberalized future in Europe.
What we have seen in America since the legalization of hemp in California are that a lot of new companies have arisen out of this change of law. Also, tax income of the states has increased a lot and whereas only a few American states have legalized hemp completely, most of them have changed the law to allow the medical usage of hemp plants. Additionally, the hemp industry has developed itself in a very short time-frame to a multi-million dollar business with more than 8 companies already based on the stock market and also Microsoft is investing in hemp. 😉
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