In an interview with the Greek Reporter, Minister of Development and Investment Adonis Georgiadis maintained that medical cannabis will be produced and sold in Greece from 2022.
Greece legalized medical cannabis in 2017 and repealed the ban on cultivation and production in March 2018. It has been slow to implement a comprehensive medical cannabis program ever since.
“The goal is for Greece to become the leading European country in the production of medical cannabis. The environment of Greece is favorable for this particular plant and we believe we will have a natural advantage,” said Georgiadis.
Greece expects huge investments in the production of medical cannabis. The government hopes they will add up to €1.5 billion a year to state revenue, for local distribution and for export.
Medical cannabis will be sold in pharmacies
Georgiadis said that a large investment from Τikun Εurope, near the city of Corinth, has already been completed and two other investments, from the UK and Canada, are in the pipeline for the production of medical cannabis in the region. of Macedonia and near the city of Patra.
Tikun Europe was founded in Greece in 2018 and is a subsidiary of Israeli global player Tikun Olam in the research and development of medical cannabis products. It is the first company to have obtained a license for the cultivation, processing and production of medical cannabis in Greece.
The Greek minister revealed to the Greek Reporter that foreigners will also be able to consume medical cannabis in Greece and that they will be allowed to buy it in pharmacies, “on the sole condition that they have a prescription from their doctor. »