CANTANHEDE, Portugal - Famous for its roasted suckling pig and wines, the Portuguese city of Cantanhede now hosts the country’s first medical cannabis production farm - a budding European hub of efforts to meet growing demand for the flowering herb.
Kennedy said Portugal had the ideal climate for cannabis cultivation and the country’s young, educated workforce and its major agricultural sector were further attractions. Portugal also offers tariff-free entry to the rest of the European Union, a market Tilray wants to explore further at a time when an increasing number of governments are legalising medical marijuana.“The paradigm is shifting from prohibition to legalisation,” Kennedy said, with demand for the product growing. “I’m fairly optimistic that over the next two years we will see every country in Europe legalising it.
Tilray supplies medical cannabis products with CBD and THC to patients in a number of countries, through subsidiaries in Australia, Canada, Germany and Latin American, and through agreements with pharmaceutical distributors. The World Health Organization has stated that several studies have demonstrated cannabinoids provide therapeutic effects for nausea and vomiting in the advanced stages of illnesses such as cancer and AIDS.
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