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Greece has opened its first medical cannabis production plant

History was made in Greece with the opening of its first ever medical cannabis plant last Thursday. The plant is backed by an Israeli company Tikun Olam and was opened in the city of Corinth.
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Adonis Georgiadis, Greece’s minister for development and investments, heralded the opening of the plant as a milestone for the country. Speaking at an event for the opening of the Tikun plant on Thursday, Georgiadis said that cannabis could be “a product which we will be able to export throughout Europe because this factory can carry out huge exports to all major European countries,” as quoted by the Greek Reporter.

According to the outlet, Tikun Europe CEO Nikos Beis hailed the new facility in Greece as “the largest pharmaceutical facility in the industry in Europe.”

“A new era is beginning for our country with the operation of our Tikun Europe facility, paving the way for Greece to become one of the main players in the field of production and export of medical cannabis products,” Beis said, as quoted by the Greek Reporter.

“According to Tikun Europe, the plant can produce finished medicinal cannabis products in various pharmaceutical forms. The company aims in the immediate initiation of cultivation in the vertically integrated greenhouse unit, with an area of 21,000 m2 and an annual production capacity, reaching in full growth, the quantity of 10 tons of dry flower. The plants received will be used for propagation under strict protocols that will ensure the preservation of the unique characteristics of the mother plants to future generations. The facility is expected to reach its full capacity levels gradually in the near future, to deliver a wide variety of finished medical cannabis dosage forms.”

Tikun received its license to initiate operations on the facility last year. 

“It was a great pleasure to welcome the operating [license] of our production unit, the construction of which was recently completed,” Beis said in a statement at the time. “The operation of the plant will start very soon, bringing us one step closer to the [realization] of our vision: to meet the ever-increasing demand of Greece and Europe for high-quality medical cannabis products. Our factory is the largest pharmaceutical company in the specific industry in Europe and exploits the potential of our country to play a leading role in the global market for medical cannabis.”

Photo by Hert Niks

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