The approval of 26 new medical marijuana grow operations has brought with it hope for economic recovery in Greece.

Greece approved 26 licences to grow marijuana for medical purposes, The National Herald, a New York-based newspaper for the Greek community, reported on Aug. 12.

A newly sworn-in government in Greece hopes the grow operations will revitalize the country’s economy, which is slowly recovering from the debt crisis a decade ago that led to three international bailouts totalling US$364.22 billion, the Herald reported.

Greece approved the licences for cultivation and processing, the U.K.-based cannabis publication, Prohibition Partners, reported on Aug. 9. Of the 72 applications, four were rejected and 42 others are still under review.

The Greek government legalized cannabis for medical use in 2017, and in March 2018, lifted a ban on growing and producing marijuana.

A government spokesperson told Prohibition Partners that they are “very excited about the possibilities of medicinal cannabis,” and the…

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