x

Society

Greece Issues Fourth Permit for Medical Cannabis Unit; 43 Pending

April 9, 2019
ANA

The general secretariat for industry has so far received 43 applications for licences to establish units for the production and processing of medical cannabis products, Greek authorities announced. The publication of the latest licence issued in the Government Gazette on Monday brings the total number of permits issued for medical cannabis production units to four.

Monday’s decision grants permission to the company Pharma Essenza Cannabis Company Pharmaceutical Cannabis SA to produce and process medical cannabis on a single site of 8.53 hectares in Adravida, Kyllini. The unit represents an estimated investment of 80 million euros and is expected to employ a staff of 60.

The first two companies to be given permits were Biomecann SA, based in Larissa, for an estimated investment of 9.5 million euros and Bioprocann SA, based in Corinth, with an estimated investment of 12.5 million euros, employing workforces of 51 and 66 employees, respectively. The third licence was given to Tikoun Olam Greece SA in the Examilia industrial park in Corinth, with an investment of 9.0 million euros and a workforce of 38.

All the licences have a five-year duration and the supporting documentation required must be updated on an annual basis.

The 43 applications that are still pending represent a total estimated investment of 529 million euros and are expected to employ 2,862 workers.

RELATED

ATHENS - Greece confirmed 5,588 new coronavirus infections in the last 24 hours, the National Public Health Organization (EODY) said on Tuesday, bringing all confirmed infections since the pandemic began to 3,427,857 (daily change: +0.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Pentagon Says More High-Tech Weapons Going to Ukraine

WASHINGTON — Nearly 50 defense leaders from around the world met Monday and agreed to send more advanced weapons to Ukraine, including a Harpoon launcher and missiles to protect its coast, Defense Secretary Lloyd Austin told reporters.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.