North Macedonia slowly becoming an intriguing, if risky, cannabis market

North Macedonia wants a piece of the cannabis pie, but the road to profitability won’t be easy.

As the European market slowly opens up to the production and sale of marijuana, smaller countries are turning to the drug as a way to jumpstart their economies and attract the capital and expertise of experienced operators elsewhere in world.

With cannabis still prohibited at the federal level in the U.S., Canada has been given an early shot at international markets that may become players over the next five years.


Balcanns sets out to create new standard for medicinal cannabis

Macedonian-based grower is on a mission to produce high quality, low-cost solutions to meet unmet market needs.

Demand for medicinal cannabis in Europe has reached new levels and is expected to grow by more than 400% through 2023. With a market of over 742 million people and a total healthcare spend of €2.3 trillion, the continent is on track to become the largest medical cannabis market in the world.

Licensed producers globally are struggling to keep up, with ongoing issues surrounding supply, quality and consistency. The result has left patients across the continent paying top dollar for inconsistent medical cannabis.


North Macedonia banks on medicinal cannabis growth to boost economy, exports

STIP, North Macedonia (Reuters) - Slave Ivanovski was among North Macedonia’s biggest exporters of tomatoes and peppers until two years ago he switched to growing cannabis for medical use.

The country legalised the growth of cannabis for medicinal purposes in 2016, joining a growing number of countries to have done so or be about to do so, such as Britain, Greece, Thailand and some U.S. states.

“This is a very profitable business, which does not require a lot of hard work and has a future,” Ivanovski told Reuters standing by a large cannabis plant in his greenhouse in Stip, south east of the capital Skopje.


The Situation With Medicinal Cannabis In Europe – A Complete Overview

Medicinal Cannabis Sativex and Bedrocan are now available in many European countries, and several have infrastructure in place to supply patients with medicinal cannabis. So which countries are moving with the times, and which are dragging their heels? Where are medicinal and recreational users most (and least) free to utilize their drug of choice? Let’s take a look at the facts.


Medical Marijuana Becomes Legal in Macedonia

So far 13 European Union nations have legalised marijuana-derived medicines including Austria, Britain, France, Germany, Italy.

Marijuana-derived medicines became legal today in Macedonia, which joined over a dozen European countries that have already authorised the products for certain patients.

Medicines containing less then 0.2 per cent of tetrahydrocannabinol (THC), the plant's main psychoactive ingredient, can now be prescribed by doctors and bought in pharmacies, the head of Macedonia's agency for medicines Marija Darkovska-Serafimovska told reporters.

"This will help a huge number of Macedonian citizens that are fighting serious illnesses and have a need for treatment with nature-based products," Darkovska-Serafimovska said.


Macedonia Allows Medical Marijuana in Pharmacies

Cannabis oil with a lower concentration of cannabinoids that have psychotropic effects should be available to patients without prescription from this week, Marija Darkovska, the head of Macedonia’s Agency for Medical Drugs, said on Tuesday.

Also this week, Macedonian medical specialists start training on how to prescribe the stronger cannabis products that should become available by the end of June.

“There will be two types of oils in the pharmacies. The one with less than 0.2 per cent cannabinoids will be available without prescription beginning this week,” said Darkovska.


Macedonia Legalizes Medical Cannabis

Over the weekend, the Macedonian Health Minister announced plans to put medical cannabis in pharmacies across Macedonia. Both Macedonia’s ruling party and opposition party agreed on making medical cannabis available. Macedonia is the second Balkan nation and 13th nation in the European Union to legalize medical cannabis.


Macedonia: Parliament Legalizes Medical Marijuana

A Macedonian Parliament Health Committee gave its approval on Tuesday to amend the law on control of drugs and psychotropic substances, that would allow the use of cannabis products for medicinal purposes.

“The need to change this law comes from the requests of patients who want to have the option to use naturally derived cannabis products, under strict supervision. The amendments would allow patients to have access to strictly controlled products, improving on the current situation when some patients use unverified products without any supervision regarding the dosage,” said Stojanco Stojkovski, State Secretary in the Health Ministry, which proposed the changes to the law.


Macedonia: A law on cannabis for medical purposes

By Naser Pajaziti

Ministry of Health in FYR Macedonia has drafted a bill on the legalization of the use of cannabis for medical purposes. According to this ministry, this bill is expected to be enacted in February 2016.

Based on the bill, cannabis will be produced and used only in FYROM and will only be produced by legal persons.

Minister of Health, Nikola Todorov said that once this bill is approved by the government, public debates will take place to hear proposals or criticism by stakeholders.

So far 13 EU countries have allowed the use of cannabis for medical purposes.


Macedonia Weighs Medical Marijuana Legalisation

The Balkan country of Macedonia may end up being the most recent nation to legislate medical marijuana.

The country’s health ministry is in substantial consultations with medical professionals, pharmacologists, legalization advocates, cancer clients and others about making cannabis treatments offered to individuals struggling with significant illnesses, and held the first public dispute about the subject on Sunday, according to Balkan Insight.


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