Medical Cannabis Law was approved in CYPRUS earlyer this year, in Fabruary, allowing cultivation of medical marijuana in the island, regulated by licenses. The country expects at minimum 45 million euros in taxes every five months, sources say. which is not bad for the start for the country with less than 1 million population and about 4 millions of tourists evalanching CYPRUS every year.
Coffee Mushrooms And Magic Mushrooms in Cyprus
Yield Growth Corp (Cannada), announced recently they have got an exclusive agreement to distribute infused coffee mushroom in Greece, Cyprus, Romania, Bulgaria and Serbia.
They have also announced its intention to develop clinical experiments to research innovative therapeutic uses of certain compounds found in magic mushrooms, such as psilocybin.
Medical Marijuana in Cyprus
Quite a theocratic country, where Eastern Orthodox Church has a huge influence on culture and society, is now the most promising cannabis mecca in the region. Suddenly, CYPRUS joins the drug race.
CYPRUS is blessed with the idillic climate conditions, a lot of sun, rich soil, food grows madly there. The country, where you can buy 2 kilo of best in the world oranges for 1 euro, you can imagine, can be a strong pioneer in cannabis cultivation and trade, influencing the the whole region. Constantinos Ioannou, the minister of health: “We are in the process of regulating the cultivation, production and export of medical cannabis, to, inter alia, attract medical tourism and foreign investments, thus creating beneficial conditions for businesses and development”, he said.