The Greek Investment Incentives Law and the RRF support investments by offering grants and low interest rate loans for the green transition of these facilities.
We present the most important industry trends of the European market for medical cannabis products for 2022. Which are the major challenges and opportunities?
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 75% is the aid rate for the investments in vertical facilities for the manufacturing activities of medical cannabis in Greece. Maximum amount of aid: € 5,000,000.
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.