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Greek parliament passes bill to regulate medical cannabis production

Legislators in Greece have approved a bill to regulate medical cannabis cultivation and distribution.

On March 1, lawmakers voted in favour of the bill, which will allow licensed businesses to cultivate and process cannabis for medical purposes. Land for cultivation must be at least 4,000 square metres in size and secured by fencing.


Medical cannabis one step closer to legality in Greece

Foreign investors are already planning to begin cultivation this year, with the Greek treasury hoping for high times ahead with tax revenues.

The Greek government has passed a draft bill to leglise medical cannabis through the parliamentary committee stage, and the bill to allow the cultivation and production of cannabis is now a significant step closer to becoming law.

Some, however, are not happy, especially the rightwing New Democracy opposition.


How Greece is growing medical marijuana to tackle high unemployment

Greece is taking advantage of its warm climate to cultivate pot and create more than 2,000 jobs.

The Greek economy has been hammered by 10 years of financialcrisis, with unemployment topping 20 per cent every year since 2012. Now, the government thinks pot growers can help.

A project to cultivate, process and export medical marijuana in Veroia, in the fertile north of the country, shows how Greece sees cannabis as a possible growth industry for the country, which has a warm, dry climate similar to California. New legislation could make the plan a reality as soon as next summer.


Greece set to allow Medical Cannabis use

Greece's parliament is expected to approve the medical use of cannabis in the coming weeks, a deputy minister said Sunday, adding that the change would attract investment to the country.

"In a few weeks' time, an amendment will be brought to parliament to define the legislative framework for the cultivation and manufacturing of pharmaceutical products based on medical cannabis, which will open the way for Greek and foreign investments," deputy agricultural development minister Yannis Tsironis told AFP.


You'll never guess which country is betting on marijuana to pull its economy out of the doldrums

When it comes to the fastest-growing industries in the world, legal marijuana ranks pretty high up the list (pun fully intended). In North America, cannabis research firm ArcView found that legal sales grew by 34% to $6.9 billion in 2016 and expects the North American market to reach nearly $22 billion in sales by 2021. That type of consistent, rapid growth is tough to come by, which is why investors have latched on to marijuana stocks and pushed many higher by well over 100%.


Greek official calls for marijuana legalization

On Greek TV, a Greek official calls for marijuana legalization for recreational purposes. The official in question is Yiannis Tsironis. He’s the Deputy Minister for Agriculture, originating from Greece’s Green Party. Yeah, we figured as much.

The Green in Greece

Like many other countries, our own included, Greek federal policy outlaws cannabis.


Why Will Europe Be Slow in Legalising Medical Cannabis

Drug policy usually moves like an iceberg: slowly. And while and it can be hard to turn, sometimes it changes course in an unexpected direction. In the case of cannabis or marijuana, it may be picking up speed, but there are rough waters ahead.


Could Greece's legalisation of cannabis save them money?

Earlier this month, Greece joined several European countries, including the Netherlands, Portugal, Finland, the Czech Republic and Spain, in legalising marijuana for therapeutic purposes. This revolutionary move now allows the medical community to use cannabis-based medicine to treat patients in need. In the context of the economic crisis and decaying health care system, could this new decision help Greece save money?

Greece legalizes marijuana for medical purposes

Greece has become the latest European country to legalize marijuana for medical purposes.

Prime Minister Alexis Tsipras said last week that doctors will soon be able to prescribe the drug for a variety of medical conditions.

Cannabis is normally prescribed for conditions like muscle spasms, chronic pain, PTSD, epilepsy and cancer.

“From now on, the country is turning its page, as Greece is now included in countries where the delivery of medical cannabis to patients in need is legal.” Mr Tsipras said at a press conference, as reported by the Greek Government Gazette.

Greece is the sixth EU country to take this action after the Czech Republic, Finland, the Netherlands, Portugal and Spain have already legalised the drug for medical use.


Use, Production of Medical Cannabis May Be Legalized in Greece

The Health Ministry is set to propose changes to legislation covering the use and production of medicinal cannabis.

Health Minister Andreas Xanthos suggested measures are on the way allowing doctors to prescribe drugs that contain cannabis purely for medical reasons.

The government is also set to put forward draft legislation that would allow these types of medicines to be packaged and produced in Greece. The ministry’s decisions are based on a scientific study on the effectiveness of medicinal cannabis for treating certain illnesses.

Medical experts suggest the use of cannabis helps alleviate the symptoms of chronic pain, glaucoma and multiple sclerosis. However, they also warn it can be addictive and regular use can cause psychotic disorders.


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