Sunny Greece is great for beaching, bathing and soon medical marijuana
Athens — Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favourable 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 €1.5bn 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 €200bn in the next 10 years. Prime Minister Alexis Tsipras is counting on investment to spur economic recovery and allow the country to exit a third bailout programme. Forecasts call for growth of close to 2% in 2017, rising to 2.5% in 2018. A single campus of 12 to 15 cannabis greenhouses could create 400 jobs, according to a task force preparing a draft bill to legalise medical cannabis in Greece. Unemployment in the country...
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