Cyprus

Mon
03
Aug

Cyprus: Medical cannabis regulations passed

Parliament has passed a bill to regulate the prescription, distribution, and availability of medical cannabis.

The bill was voted into law 42 votes in favour and seven against.

The amendments to the regulation were made with a view to minimizing the risk of the sector falling into the hands of the illegal drugs trade, and from abuse by people seeking the treatment.

According to the report submitted by the house health committee, the regulations set the standards for prescription of medical cannabis based on the scientific use of the drug.

The committee also reported they were disappointed with the delays from the health minister to approve the prescription of medical cannabis for some patients, leading them to buy from the drug dealers.

Fri
27
Sep

Yield Growth announces definitive agreement for distribution of Wright & Well CBD products in Greece & Cyprus

Read entire article here.

The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) is pleased to announce that on September 25, 2019 its wholly owned subsidiary W&W Manufacturing entered into a definitive agreement with Melorganics Hellas for the exclusive distribution of Yield’s Wright & Well brand of CBD products in Greece and Cyprus.

Mon
08
Jul

Tilray speeds expansion in Europe

Tilray Inc. is expanding its European leadership team and setting up a hub in Portugal, deepening its planned international reach.

The company appointed five senior members to its European team, according to a statement Friday. Arne Wilkens, a former executive at the German pharmaceuticals company AiCuris, will take on the role of vice president of business expansion in Europe.

Wed
29
May

Buried Treasure: Man discovers 1.4 kilos of cannabis on seabed of the Mediterranean

While diving early Monday morning, a man found 1.4 kilos of cannabis on the seabed outside Latchi, Cyprus. Some might consider this buried treasure, it adds to the growing issue of drug trafficking in recent months around various Cyprus shorelines

Sun
17
Feb

Cyprus legalises medical cannabis

According to the law, licenses will be given to three producers during the first 15 years, as the authorities aim to attract firms with an international track record and prevent the product ending up on the black market.

Medicinal cannabis will be allowed on prescription to patients suffering from chronic painful conditions, including those associated with cancer, HIV, rheumatism and glaucoma.

Officials have estimated that Cyprus could see medicinal cannabis worth 180 million euros ($200 million) being produced every year, offering a boost for state coffers.

Fri
22
Sep

Concerns persist over Cyprus' medical cannabis hub plans

While stakeholders generally recognise the real need some patients have for medical cannabis, a number of concerns need to be overcome before legislation on its cultivation on the island, export and use is passed in Cyprus.

The House Health Committee discussed the issue on Thursday with Health Minister George Pamboridis, who has been advocating Cyprus as the ideal place for the cultivation of medical cannabis for domestic use and export, asking stakeholders “to consider the matter as if it were a development work”.

As well as noting the project’s potential benefits for the local economy, he also stressed the benefits of medical cannabis “for patients who have no other choice and are suffering”.

Tue
05
Sep

Cyprus: Medical cannabis bill arrives at parliament

A legislative proposal paving the way for medical cannabis in Cyprus has been sent to parliament to be discussed by MPs.

Back in July, the Cabinet approved a bill legalising the cultivation and commercial exploitation of medicinal cannabis in Cyprus.

The announcement was made by Health Minister George Pamboridis.

“The aim and purpose are to attract international investors to express interest in the two licenses that will be given for the cultivation of medical cannabis,” said Pamboridis.

Although some countries in Europe and further afield have already legalised medicinal cannabis, the Minister believes that Cyprus, due to the favourable climatic conditions on the island can be a pioneer in the field of medicinal cannabis.

Wed
26
Jul

Cyprus Cabinet Green Lights Medicinal Cannabis

The Cabinet approved a bill legalising the cultivation and commercial exploitation of medicinal cannabis in Cyprus during Wednesday’s Cabinet meeting.

The announcement was made by Health Minister George Pamboridis to reporters outside the Presidential Palace.

“The aim and purpose are to attract international investors to express interest in the two licenses that will be given for the cultivation of medical cannabis,” said Pamboridis.

The decision is also expected to attract international investments and investment in human resources in the field of research and the development of the pharmaceutical industry in Cyprus.

“I think this is an innovative bill,” said the Minister.

Mon
29
May

Green light for medical cannabis in Cyprus

Tight restrictions in the government’s revolutionary proposal to legalise the import and use of medical cannabis have left those supporting sweeping deregulation with a bittersweet feeling, according to biologist and Friends of Cannabis group co-founder Petros Evdokas.

Patients and activists have long fought for the legalisation of medical cannabis, but, despite mounting evidence pointing to its benefits in both pain relief and the treatment of specific conditions, have always stumbled on strong resistance by mainstream attitudes. According to Health Minister Giorgos Pamboridis, the main problem has been a “widespread, albeit false, notion that it somehow helps legitimise the use of recreational cannabis”.

Mon
22
May

Cyprus begins to distribute medical cannabis

The distribution of medicinal marijuana has begun in Cyprus with doctors across the island having already begun handing out prescriptions for cannabis oil.

As pointed out by Cyprus’ Friends of Cannabis group, cannabis oil is of vital importance to hundreds of patients, from those with serious ailments including cancer to those experiencing minor, everyday complaints such as headaches.

Speaking on behalf of the movement, Petros Evdokas said cannabis oil was being distributed to specific pharmacies in each town.

“Orders are for specific, named, people.  A pharmacy would not have a large amount to hand,” he said.

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