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Portugal sets the stage as Europe's cannabis hub for medical innovation Farah Mokrani Euro Weekly Saturday 14 Dec 2024 Why Portugal leads in medical cannabis production Portugal has established itself as a leader in Europe’s medical cannabis sector, with over 60 companies currently authorised to grow, produce, and distribute cannabis-based products. A further 170 businesses are awaiting approval, highlighting the country’s growing prominence in this field. Agronomist José Martins described Portugal as the ‘new El Dorado of medical cannabis production’, attributing the success to its favourable climate. He remarked, “No other country in Europe has better environmental conditions.” Significant growth in medical cannabis exports from Portugal Portugal’s role in the international cannabis market is on the rise: In 2023 alone, Portugal exported 12 tons of medical cannabis products. Key markets include Germany, Poland, Spain, and as far as Australia. Tilray, a leading Canadian multinational with a significant cannabis farm in Portugal, has also recognised the country’s unique position. José Tempero, Tilray’s medical director, confirmed: ‘Portugal is clearly at the forefront of European countries producing cannabis for medical use.’ With its advantageous climate, expanding infrastructure, and strong regulatory framework, Portugal appears set to dominate Europe’s medical cannabis industry in the years to come. https://euroweeklynews.com/2024/12/14/portugal-sets-the-stage-as-europes-cannabis-hub-for-medical-innovation/
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