Cannabis producer Demecan nears €100M valuation after fresh funding Image Cannabis News August 8, 2024 Demecan Nears €100M Valuation After US-Led Funding Round. Demecan Group, one of Germany's largest cannabis producers, recently completed its latest round of funding, bringing its valuation close to 100 million euros ($109.24 million), a person familiar with the matter told Reuters on Wednesday. The Cannabis Technology News Marijuana Business News Cannabis Jobs Reuters