FRANKFURT (dpa-AFX) - After an increase of almost 88 percent since Tuesday, the recovery rally of Synbiotic 's cannabis shares came to a halt on Friday. After 14.10 euros in the first few minutes, the shares last traded at 12.00 euros, which was a moderate gain. Shareholders are eagerly awaiting the Federal Council meeting that has just started in Berlin. There, the "Top 6" will decide on the legalization of cannabis in Germany. According to a Borsianer, it is almost "all or nothing" for Synbiotic.

In the meantime, the shares had even lost 13 percent compared to the Xetra close on Thursday. This is because it is not certain that the Federal Council will allow the planned legalization of cannabis to pass. Baden-Württemberg wants to vote in favor of appealing to the mediation committee. The Minister President of Schleswig-Holstein, Daniel Günther, also does not want to approve the proposed legislation. According to Günther, it is questionable anyway.

However, Federal Health Minister Karl Lauterbach remains optimistic. "I am confident that we will just about make it. But it was a difficult battle," said the SPD politician on Friday morning on ZDF's "Morgenmagazin" program./ag/mis