Indopedia All Things Marijuana
Lead image via Cgia
This June, Prime Minister Alexis Tsipras announced that Greece would be the sixth country in the European Union to legalize medical cannabis. The government officially rescheduled cannabis from Table A, a criminal classification comparable to the Schedule I classification in the U.S., to Table B, which is reserved for potentially dangerous drugs that still have important medical properties. The country currently allows cannabis-based medicine to be imported from other countries, but investors are now focusing their efforts on creating a homegrown cultivation industry, which they believe will bolster the country’s flagging economy, says a new report from Bloomberg.
Already, canna-businesses have expressed their interest in investing over $1.74 billion into creating greenhouse parks that would include both cultivation and processing facilities, according to Bloomberg. Each of these parks, which would contain 12 to 15 greenhouses for cultivation, could create up to 400 jobs, says the government’s cannabis task force. This is great news for a country that has faced unemployment rates of over 20% for the last six years; some of the highest rates in the…
