Greece hopes its economy can get high from medical weed
Legislation on medicinal cannabis expected by end of 2017
Tuesday, November 14, 2017
Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favorable future legislation could help the government deliver on a promise to pull the country out of a seven-year economic crisis. Growers have expressed interest in pumping more than 1.5 billion euros ($1.74 billion) into projects to build greenhouse parks for the cultivation and manufacture of cannabis, Evangelos Apostolou, minister of rural development and food, said in an interview. That would give Greece a share of a global market the government says could be worth 200 billion euros in the next 10 years.