Israeli based company Tikun Olam was given the official go-ahead by the Greek government to set up facilities for cultivating, processing and marketing industrial and pharmaceutical cannabis in the Corinth area.
According to the Greek Government publication Gazette, Tikun Olam secured a five-year license for a factory plant in an area of approximately 4.02 hectares in Examilia, in the Corinth prefecture.
The company is investing 9 million euros and is currently installing the manufacturing plant’s mechanical equipment.
The Israeli-based company will begin production as soon as the National Organization for Medicines (EOF) issues its production and distribution licence.
According to the company’s site, Tikun Olam Ltd. “is the first, largest and foremost supplier of medical cannabis in Israel, and globally recognized as the pioneer of modern medical cannabis.”