Established medical cannabis companies could be looking to set their foot in Malta’s fledgling recreational cannabis market, according to sources who spoke to MaltaToday.
Releaf, the NGO that led the campaign to legalize recreational cannabis, fears that the sacking of the Authority for Responsible Use of Cannabis’s first director could lead to the dealer-driven black economy for cannabis poised for a takeover “an equally profit-driven market run by a few friends in high places.”
Mariella Dimech was sacked after ten months on the job, with not one single license for the non-profit cannabis ‘clubs’ having yet been issued. Dimech complained that she had been left without a functional office, staff, budget, or political strategy with which to carry out her job.
MaltaToday understands that a medical cannabis company has already reached out to the government over its intention to “know the way forward” on recreational cannabis, with sources claiming this could be a sign of business interest in the ‘non-profit’ regime of recreational cannabis.
Read the complete article at www.maltatoday.com.mt.