Greece is preparing to allow the use of cannabis for medical purposes through amendments soon to be submitted to parliament and it should attract investments, said Greek Minister of Agriculture Yiannis Cironis.

– In a few weeks, parliament will present an amendment as a legal framework for the cultivation of cannabis and the production of pharmaceutical preparations on that basis, which will pave the way for new investments in Greece, Cironis said.

It is estimated that those investments could earn between 1.2 and 2 billion euros, the deputy added.

Last year, under certain conditions, the Greek government allowed the importation of some medicinal products based on cannabis and the cultivation of Indian hemp for industrial purposes.

A dozen EU countries have already legalized medical marijuana.

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