Tags: EU | Greece | Cannabis

Cash-strapped Greece Sees Growth in Medical Cannabis

Wednesday, 07 February 2018 09:38 AM EST

ATHENS, Greece (AP) — Greece's government says it's fast-tracking plans to legalize growth of medical cannabis, arguing that growing interest from investors could help efforts to pull the country out of years of crisis.

Legislation to legalize cannabis production was submitted to parliament Wednesday and is due to be voted on later this month.

Greece allowed the use of medical cannabis products last year, but currently relies solely on imports until the legal framework for domestic growers was prepared. Government officials, presenting details of the bill, said they hoped domestic production and processing could attract investments worth 1.5 billion euros (1.85 billion) over three years.

According to the draft legislation, growers must be age 21 or over, have no drug-related convictions, and have more at least 1 acre of land available.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Greece's government says it's fast-tracking plans to legalize growth of medical cannabis, arguing that growing interest from investors could help efforts to pull the country out of years of crisis.Legislation to legalize cannabis production was submitted to parliament...
EU,Greece,Cannabis
130
2018-38-07
Wednesday, 07 February 2018 09:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved