Greece will sell medical cannabis in pharmacies in 2022.

In an interview with the Greek Reporter, the Minister of Development and Investment Adonis Georgiadis confirmed that Greece will produce and sell medical cannabis in 2022.

The country legalized medical cannabis in 2017 and repealed the ban on its cultivation and production in March 2018. Since then, the process of legalization has been slow to implement, especially in framing a comprehensive medical cannabis program. 

“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 considerable investments in the production of medical cannabis. The government thinks those investments will add up to €1.5 billion a year to state revenue for importation and exportation. 

A significant investment coming from Τikun Εurope, near the city of Corinth, has already been completed. Two other investments from the UK and Canada should soon be completed to produce 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 the Israeli global player Tikun Olam in the research and development of medical cannabis products. It is the first company to obtain a license to cultivate, process, and produce medical cannabis in Greece.

The Greek minister said to the Greek Reporter that tourists will also be able to consume medical cannabis in Greece and buy it in pharmacies, “the only condition [being] that they have a prescription from their doctor.” However, the government warned that the use of recreational cannabis will remain prohibited in Greece. 

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