Ten companies now have letter of intent to produce medical cannabis
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Malta Enterprise has approved 10 applications for the production of medical cannabis, with the companies holding the letter of intent now subject to the approval of the Medices Authority. The information was given by Justice Minister Owen Bonnici in responseTen companies now have letter of intent to produce medical cannabis
Malta Enterprise has approved 10 applications for the production of medical cannabis, with the companies holding the letter of intent now subject to the approval of the Medices Authority. The information was given by Justice Minister Owen Bonnici in response to a parliamentary question by MP Claudio Grech. TIMELINE February 2018:Canadian firm Nuuvera takes over Maltese pharma company ASG Pharma for €5 million project to turn it into a hub for the production and distribution of oil-based medical cannabis products to the emerging European medical cannabis market. The company says it does not intend to grow cannabis in Malta. March 2018: Malta Enterprise approved five projects with a total investment of €30 million. The projects will create 185 new jobs. Three of the projects are Canadian while the others are Australian and Israeli. April 2018: The Production of Cannabis for Medicinal and Research Purposes Act, 2018 is approved by parliament and enacted. Read: Cannabis patients are left high and dry April 2018: Government decides to allow large-scale cultivation of cannabis plants, including the selling of flowers, quite a change from the promise made by Prime Minister Joseph... Read more