Three of the Balkan states to emerge from the ashes of Yugoslavia a generation ago are now among the first countries in the ex-communist world to move toward embracing medical marijuana.
Australian firm MGC Pharmaceuticals just announced a deal to distribute its cannabis-derived products in Slovenia, Croatia and Bosnia. MGC is partnering with the Slovenian supplier Mikro+Polo to market its phytocannabinoid-derived Active Pharmaceutical Ingredients (APIs) in the three countries, according to Australia’s Business News.
Perth-based MGC was established three years ago by veterans of the Israeli medical marijuana industry. Late last year, it harvested its first test crop of cannabis in Slovenia and has established a facility in the country’s capital, Ljubljana, where it is isolating cannabidiol (CBD) for use in its products, including a CBD-infused skincare ointment.
MGC’s share price shot up 20 percent after the announcement of the Balkan deal, Australia’s Motley Fool business blog reported.
Last October, Croatia become the first Balkan country to allow patients to legally purchase and use cannabis products to treat serious illnesses—although so far, none are available for doctors to prescribe, according to BalkanInsight.
Regulations issued by the country’s Health Ministry permit each patient to receive up to 0.75 grams of THC per month—presumably in either herbaceous or extract form. However, the law does not allow for cultivation.
Neither Slovenia, nor Bosnia, have taken this step, despite growing pressure, but products derived from MGC’s CBD-heavy strains are now being allowed. And the Slovenian parliament is actually considering an initiative to have cannabis removed from the Schedule I list.
Florida’s Largest Police Force Stops Detaining People Over Pot Smell
Beyond the Streets: Cannabis Isn’t the Only Counter Culture en Vogue
What’s in Your Stash? Sharon Letts, Producer, and Writer
Daniel Sloss: Sometimes They’re More Than Just Jokes
House Votes to Protect States With Legal Marijuana From Feds
Two Plead Guilty to Using United States Postal Service to Traffic Marijuana
Raid of Massive Illegal Cannabis Grow Site in California Took Four Days to Complete
What Was Said at Today’s Congressional Hearing on Federal Marijuana Law Reform
News5 days ago
Someone Planted 34 Cannabis Plants in the Vermont Statehouse Flower Beds
News3 days ago
Notorious Drug Kingpin ‘El Chapo’ Sentenced to Life in Prison
Entertainment5 days ago
Recreational Cannabis Comes to Northern Nights Music Festival
Culture5 days ago
What’s in Your Stash? Autumn Saylor, Stay-at-Home Mom, Treating PTSD With Cannabis
Activism4 days ago
Navigating Child Protective Services When You Use Cannabis
Health2 days ago
Cannabis and Mental Health: Bipolar Disorder
News3 days ago
West Hollywood Set To Get “First of Its Kind” Cannabis Café
Sponsored3 days ago
I Take CBD Oil. Will I Pass a Drug Test?