It is now legitimate to cultivate medical cannabis in Cyprus
The Cypriot parliament has approved the establishment of a cannabis industry for medical purposes, including import and export. However, only 3 companies will be able to participate in the celebration. The call for tenders is expected to take place at the end of 2019 and the activity will only take place in 2020.
The House of Representatives voted on the legal framework governing the cultivation and distribution of hemp seeds for medical and research purposes, which provides for the import of seeds after voting in favor of changes in government laws. The legal framework also provides for administrative penalties for offenders.
The bill was approved by the majority of 30 supporters against 18 against and the goal, according to reports from Cypriot media, is to create a market run by professional companies, especially to prevent cannabis from being found on the black market.
Under the new law, only 3 private medical cannabis companies will be established in the country, at least for the next 15 years, in order to attract only the strongest and most successful companies in the industry.
On the other hand, the island of Cyprus is divided into two, only the Greeks plot is concerned.
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The use of medical cannabis will in particular be granted by prescription to people suffering from chronic pain due to cancer, AIDS, rheumatism or glaucoma. According to official estimates, the annual production of medical cannabis could reach 180 million euros and the majority of the fallout will benefit the state.
« We hope the process will be started immediately for hundreds of patients looking for an alternative, non-chemical pathway to manage their health issues.“, Said the Green Party of Cyprus in a communicated the February 15 2019.
“We were very pleased to hear the vote of the House of Representatives on the bill regulating the cultivation and production of pharmaceutical cannabis. The implementation of the bill will regulate the administration of pharmaceutical cannabis to our patients in need. At the same time, it will stimulate research and innovation in the country, ”he said.
According to the announcement, the Ministry of Health will implement the provisions of the Pharmaceutical Cannabis Cultivation Licensing Act, which is expected to place Cyprus on the regional and global map of scientific research, while strengthening the country's pharmaceutical industry. by attracting important foreign industries. investments with new jobs.