Medical Cannabis in Greece: 5 reasons to invest in Greece

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Medical Cannabis in Greece: 5 reasons to invest in Greece


Greece is one of the very few countries in the European Union (EU) that has established a favorable legal environment for medical cannabis investments

A number of Investors from countries such as Israel, Canada, and the USA have already commenced their cannabis investment projects.  The first installation licenses are already issued within a short period of time while many more are in the pipeline.

Greece’s distinctive competencies in medical cannabis investments are:

  1. The first country in EU to legislate an attractive institutional framework for the establishment and processing of pharmaceutical/medical cannabis.
  2. The fast truck processes for licensing authorization.
  3. The fact that Medical Cannabis products are licensed as medicine 
  4. The favorable climate. Greece records more than 300 days of sunshine a year, which results in significant energy saving. The average temperature for at least six months per year is in the range of 16-24 ° C, temperatures at which the growth of medicinal hemp is favored.
  5. The skilled workforce, cheap energy cost and relatively low cost of land.

VK PREMIUM Business Consultants have the experience in preparing business plans and application packages for state licenses in the cannabis industry.

Specifically, VK PREMIUM provides: 

  • Expert advice on regularity, policy, licensing issues,
  • Land search and evaluation, 
  • Support, preparation and submission of the applications and all the requirements throughout the authorization process,
  • Necessary updates during authorization process,
  • Guidance on any changes – amendments needed to the applications submitted,
  • Investment deployment, 
  • All mediation services with government and local authorities.


VK PREMIUM Business Consultants is a boutique consulting firm offering expert services to companies from a diverse range of industries in both private and public sector. Through its vast knowledge, experience and network, it facilitates timely and successful implementation of investment schemes. Constant effort, consistency and quality service have positioned our firm among the top consultancy agencies in Greece.

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