The increase in imports of medical cannabis to Germany by 80% in the 1st half of 2021 proves that the demand for medical cannabis has soared.

The German medical cannabis market shows a growth of imports by 83% in the 1st quarter of 2021, almost doubled by the 1st quorter of 2020.

With the new law amendment the potential obstacles are removed to facilitate exports and the smooth production and distribution of finished cannabis products is guaranteed.

Up to 55% is the aid rate for the investments in vertical facilities for the cultivation and processing of medical cannabis in Greece. Maximum amount of aid: € 10,000,000.

The GKV have released data showing that the market for medical cannabis in Germany continued to grow in 2020, increasing by 34% compared to 2019 (excluding the newly added product Epidiolex)

The recently legalized New York market is expected to become one of the largest in the country with projected revenues of nearly $2.5 billion by the program’s fourth year.

The global cannabis market is expected to grow rapidly in the coming years, according to a recent report which states that cannabis market is expected to reach $ 42.7 billion by 2024.

With the proposed law amendment the potential obstacles are removed to facilitate exports and the smooth production and distribution of finished cannabis products is guaranteed.