Greece Legalizes Domestic MMJ Sales, Removes Restrictions on Exports

Overseas, #Greece legalizes the #sale and #production of #medical #marijuana, following four years of regulatory delays. The new legislation, which was filed by the #Greek #Ministry of #Development and Investments and passed #parliament by an 158 to 33 #vote, amends the country’s existing laws by rescinding restrictions on domestic #MMJ sales as well as exports. Key policy changes include abolishing the state #monopoly on product #sales by allowing distribution through #pharmacies, #clinics and #hospitals, permitting #exports of material with more than .2 percent #THC, and the removal of various other regulatory barriers. One of the most significant developments expected to promote #international #trade is the elimination of Greek circulation authorization requirements, subjecting exports only to regulation by the country of importation. Though businesses from #nations like the #US, #Israel, and #Saudi #Arabia had collectively #invested more than 400 million dollars into Greek #cannabis production #enterprises by #2020, previous obstacles like these have prevented the country from transforming into the medical cannabis #cultivation hub it was once predicted to become. While the recent legislation is being celebrated by many Greek #politicians, some, like opposition party #spokesman Alexis Haritsis, criticize the law as incomplete, as it only authorizes the production of dry #flower and not extracts. He has pledged to push for the relevant change in order to make the #meditterranean country more #competitive on a #global #scale.

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William Bradley

William Bradley

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