You are here: Home » PTI Stories » National » News
Business Standard

Greece set to allow medical cannabis use

AFP  |  Athens 

Greece's is expected to approve the medical use of in the coming weeks, a said today, adding that the change would attract investment to the country.

"In a few weeks' time, an amendment will be brought to to define the legislative framework for the cultivation and of based on medical cannabis, which will open the way for Greek and foreign investments," told AFP.

Tsironis said the legalisation of medical could attract of 1.5 to 2 billion euros ( $1.8 t0 2.4 billion), with Greek, Israeli and Canadian companies already expressing interest.

The deputy minister, along with other officials, attended Greece's first medical trade fair this weekend.

Over 100 local and foreign businesses took part in the event, which was held near

The last year authorised the import of several based on medical marijuana, as well as hemp cultivation for industrial purposes.

Hemp can be used to make construction materials, paper, textiles and

Over a dozen EU countries have authorised the use of

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 14 2018. 21:15 IST