Greece eyes pot of gold as medicinal cannabis licensed

Thousands of patients in Greece are thought to use cannabis for a range of serious medical conditions
Reuters (UK)
Monday, November 19, 2018

Greece issued the first licences to private companies for growing medicinal cannabis in the country, part of an attempt to tap a burgeoning market worth billions. Greece legalised cannabis for medical use last year and in March lifted a ban on growing and producing it. Two licences were granted on Monday, and another 12 will be issued by the end of this year, the Economy and Development Ministry said. "There is huge interest, mainly from Canada and Israel ... some of them (potential investors) are huge," Stergios Pitsiorlas, the deputy economy minister, told a news conference. Legalising cannabis for recreational purposes is not under consideration, Pitsiorlas said in response to a question.