Anders Hedetoft

The Danish medicinal cannabis pilot programme runs until 31 December 2021. The programme entails that licences can be issued for the import of cannabis for Danish patients, and companies may apply for a license to cultivate, produce and distribute medicinal cannabis in Denmark. In parallel to the pilot programme, a development scheme has been introduced making it possible to apply…

Since 1 January 2018, Danish doctors have had the opportunity of prescribing cannabis products for their patients; A four-year medicinal cannabis pilot programme has been introduced in Denmark implying that licences for importing cannabis for Danish patients can be issued. Today it is also possible to cultivate, produce and distribute medicinal cannabis in Denmark. In parallel to the pilot programme, a…

In the beginning of May, the Danish Folketing passed a bill amending the Danish Act on Measures to Prevent Money Laundering and Financing of Terrorism according to which new obligations will be imposed on companies and persons covered by the said Act. This newsletter provides you with an overview of the most important amendments. On…

QUESTION ONE – Which techniques are typically used by international counterparties in your experience to overcome challenges in the negotiation process? Cross-cultural creation of relationships has become a widely spread and effective technique for negotiating Hardball approaches are not very common anymore. Negotiators often focus on identifying and recognising sensitivity and awareness during the negotiations.…

Millions of Swedish phone calls between nurses and patients were left unprotected online In mid-February, Computer Sweden revealed that on an unprotected web browser they had found 2.7 million phone calls made since 2013 to the public healthcare hotline, 1177 Vårdguiden. During the 170,000 hours of recorded files, sensitive data such as illnesses, medications, previous…

Immediately after the Brexit referendum was held, the Brits saw the effect of their voting: the  exchange rate of the British pound fell and consequently, purchasing power towards foreign goods  decreased. In 2016, Danish companies exported goods worth DKK 40 billion to the UK, hence the effect from  Brexit may influen- ce the Danish economy.…

Britain has been a member of the European Union since the first enlargement in 1973. In a referendum held on 23 June 2016, however, a majority of Britons voted to leave the European Union. Nothing much happened until UK Prime Minister Theresa May triggered Article 50 of the Treaty on the European Union in March…

Foreign private equity funds have awakened to investment possibilities in the Danish market. This is well in line with global M&A trends with markets reaching record levels in Q1 2018. Private equity funds have increased their activities in the Danish market significantly. According to recent figures from the Danish Venture Capital and Private Equity Association…

Foreign companies may conduct business in Denmark eitherby establishing a Danish subsidiary or by operating directlythrough a branch office in Denmark. A subsidiary is an independent Danish company. A sharecapital in the amount of DKK 50,000 is needed to establish aprivate limited company (in Danish: “ApS”). The establishmentof a subsidiary will often be the preferred…