News Local Call for expression of interest in cultivating medical cannabis

Call for expression of interest in cultivating medical cannabis

The Ministry of Health is ready to proceed with the official call for expression of interest in cultivating and producing medical cannabis. The announcement has already been drafted and during the last 24 hours amendments are being made.

According to Phileleftheros newspaper, the aim of the Ministry of Health is to publicise the call for interest within the next 10 days and this may be done tomorrow, provided the final version of the call is approved,  with publication in the official State Gazette.

Through the call, the Ministry of Health will announce its intention to license three cultivation and production companies, as provided by the relevant legislation. The task of those who will be evaluating the applications that are expected to be submitted will certainly not be easy, seen as information on the Cypriot law and its provisions has already been requested and received by the Ministry of Health from several companies which are also well established within the European Union, America and Asia.

Specifically, and as Phileleftheros was informed, interest has been expressed from, amongst others, the United States of America, Canada, Russia, and Israel. Interest will be clearer once formal submissions by the various companies will be submitted and these will be called to present their business plan to claim one of the three available licences.

Particular emphasis will be given to safety, since the cultivation and production of medical cannabis must be carried out in such a way as to prevent quantities of produce being diverted to the illegal market, with conditions and experience being raised in the call.

As from the day of the official call by the Ministry of Health, stakeholders will have no more than three months to submit their applications and will then have to follow all procedures required by law.

The whole process is expected to be completed by the end of the first half of 2020.

Read more

https://in-cyprus.com/foreign-investors-interested-in-cultivating-medical-cannabis-in-cyprus/

 

Top Stories

244 new cases, out of 11,163 tests announced on Friday

The Health Ministry announced 244 new Coronavirus cases out of 11,163 PCR and rapid antigen tests on Friday, 15 January, taking confirmed infections to...

Where to get antigen rapid tests on Saturday

The Health Ministry announced the following antigen rapid test sites for Saturday, 16 January 2021:   LIMASSOL Tassos Papadopoulos building – TEPAK, Limassol 08:30-16:30 Church Agia Varvara, Zakaki...

President Anastasides to get the second dose of COVID-19 vaccine next Monday

Cyprus President, Nicos Anastasiades, will receive the second dose of the vaccine against COVID-19, next Monday at the Health Center of Latsia, according to...

Expert says milder version of pandemic likely to be present in 2022

Dr Constantinos Tsioutis, Assistant Professor, Internal Medicine & Infection Prevention and Control at the Department of Medicine of the European University Cyprus and head...

Spain’s COVID-19 incidence climbs above 500 cases per 100,000 people

Increased activity at hospitals and health centres near Madrid was seen on Friday (January 15) as Spain's coronavirus incidence as measured over the past...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...