Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Greece looks to become major European grow hub

In patient Greek style, with seven years of delays, Greece has finally legalized medical grade cannabis. Patients will get licenses in situations where medical cannabis has proven to be effective in areas such as relief from chemotherapy, therapy against HIV or hepatitis C, chronic pain, MS and in palliative care to help with appetite.

The first medical-grade cannabis plant opened in January at Examilia, in Corinth, under an investment from Tikun Europe, a subsidiary of Tikun Olam from Israel.

"A new era is beginning for our country with the operation of our Tikun Europe facility, paving the way for Greece to become one of the main players in the field of production and export of medical cannabis products," said Greek Development and Investments Minister Adonis Georgiadis who said Greek patients will benefit from these products, despite cannabis "having a difficult history due to its nature as a narcotic."

The development of a plant focusing on medical cannabis represents a major investment in what is expected to be a growing market worldwide. Two other such production facilities, by investors from Europe and North America, are also planned at different locations in Greece.

Read more at: www.greenprophet.com

Publication date: