Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Free Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
November 11, 2024 12:13 PM 3 min read

EXCLUSIVE: Persistence Pays Off For Only Cannabis Distributor In Bavaria's Developing Market

by Rolando García

After seven years of navigating an uncertain landscape, Munich-based Drapalin Pharmaceuticals GmbH has emerged as the sole licensed cannabis distributor in Bavaria where 13 million people live.

Co-founded and co-run by Ivan Garev, Drapalin has grown significantly since cannabis was rescheduled as a non-narcotic. The company registered a 20-fold surge in sales over the past year.

We sat down with Garev in an exclusive interview, where he reflected on the evolving cannabis market in Germany as well as the determination and foresight necessary for Drapalin’s success.

Seven Years Of Challenges

Founded seven years ago, Drapalin has never experienced a surge in business as large as the one in recent months.

"When we started this business, it was just Holland and Canada. That's all there was," said Garev who noted that Bavaria’s strict rules presented an uphill battle for Drapalin.

"Our train went only one direction. If you can do it in Munich [the capital of Bavaria], you can do it anywhere," he said. Persistence was key, especially as Drapalin had to prove its trustworthiness to the conservative Bavarian government. At one point, authorities even suggested they move elsewhere in Germany, convinced Bavaria would never allow cannabis sales, Garev remembers.

Drapalin pushed forward. Today, out of 200 companies that sought licenses in Germany, approximately 15 succeeded. Drapalin remains Bavaria's sole licensed cannabis seller.

A Careful Approach To Supply

"Cannabis is not tomatoes," Garev said as he explained the company's strict standards for quality and compliance.

Drapalin partners with international suppliers in countries like the Czech Republic and Argentina, ensuring that every product meets Good Manufacturing Practices (GMP) and complies with the multiple layers of European, German and Bavarian regulations. This approach has been vital for Drapalin's credibility with physicians and patients.

Drapalin has also taken on the task of educating doctors, many of whom are unfamiliar with cannabis. They provide training and information on terpenes, THC, CBD, and the endocannabinoid system.

"Once physicians open up to cannabis, their curiosity just takes off. You can't imagine how deep their questions get," Garev said.

Read Also: How Germany’s Cannabis Market Is Dominating Europe And Unlocking New Profit Opportunities

Politics And Market Boom

When it comes to politics, Garev is calm about Bavaria's future in cannabis. At the personal level, he acknowledges being aligned with the conservative CSU party in almost all issues stance, “except cannabis.” Yet, Garev says he’s confident the party will not turn back on recent cannabis reforms, which would imply an unlikely alliance with the far right. This gives the company a chance to look forward.

Since cannabis was legalized, following the impressive increase in the German market, demand in Bavaria has exploded. "The market quadrupled, at least. Our sales numbers are 20 times higher than last year," Garev said.

He talked about the energy shift at a recent ExpoPharm event in Munich, where two days were devoted to cannabis. "I've never seen so many happy faces in my life, and it was the same people who were down with just four months ago, and they were all in tears for the situation of the industry."

Now, Drapalin is preparing its largest cannabis flower shipment to date – a milestone that marks a new chapter for the company.

"It was tough for the last five years. Now, we're enjoying ourselves and making big plans for the future," Garev concluded.

  • Read Next: German Medical Marijuana Sales To Reach $1.09B By 2028, New Report

Cover: Drapalin Media website

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
CannabisGovernmentNewsRegulationsEurozoneExclusivesMarketsInterview
Beat the Market With Our Free Pre-Market Newsletter
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter
Comments
Loading...