Strumica buying Cannabis
Strumica buying CannabisStrumica buying Cannabis
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Strumica buying Cannabis
The information provided in this article is for general informational purposes only. While we endeavour to provide accurate and up-to-date information, there may be instances where information is outdated or incorrect. The contents of this article should not be taken as legal advice nor should it be relied upon in making any business, legal or other decisions. We encourage readers to consult with a qualified legal or professional advisor to obtain proper advice based on your unique circumstances. Cannavigia disclaims any liability for any loss or damage arising out of or in any manner connected with the use of or reliance on the information provided in this article. Welcome to an exciting exploration into the heart of North Macedonia's thriving cannabis industry. This meticulously crafted feature will not only guide you through the nation's cannabis industry, but also offer you an exclusive, comprehensive guide detailing the ins and outs of obtaining a license in this booming sector. This captivating narrative is a must-read for everyone - from potential investors scouting for new opportunities, to cannabis enthusiasts keen to understand the industry's dynamic landscape, or anyone simply intrigued by North Macedonia's green revolution. We kick off with an exclusive guide that details every step and cost involved in obtaining a cannabis cultivation license. Join us on this illuminating journey, and discover how to get a cannabis cultivation license in North Macedonia. It remained entirely at peace in the heat of Yugoslav wars in the early s and got independence from Yugoslavia in Since independence it has implemented a series of plans to generate income. This has included building large amounts of monuments and statues to attract tourists. Currently it includes entertaining cannabis influencer Big Mike and hosting NFL-players that are also cannabis investors — all under the lead of the Prime Minister. The state offers economic incentives and tax exemptions aimed at attracting foreign investors. Home to little over two million people, North Macedonia legalised the cultivation and sale of cannabis-derived medical products in , hoping to get the edge in a fast-growing European market. However, the law is unclear and has left the sector in limbo, with some businesses unable to sell on the international market. There is no complete list of licensed companies available, and the authorities have not been very successful in clarifying the licensing criteria. Additionally, a recent corruption case related to the former prime minister harmed not only the reputation of the North-Macedonian cannabis industry but also the countries legislative. Adding to that cost-effective land, labour, electricity and water has made North Macedonia a prime location for a cannabis boom. Working in a young industry where there is a lot of resistance to its acceptability, the process is not just centred around building a new industry, but also about building trust in that industry. This trust can only be built if those who work in the industry can be trusted — to do the right thing, to adhere to the rules, which can only be achieved by tracking every activity performed. Therefore, each of the licensed cannabis companies must enter into a GMP certification procedure with GMP auditors from abroad. This is a lengthy and costly process, which several cannabis cultivators are currently undergoing. The Covid pandemic has led to additional delays. They are also lobbying for forming a separate agency for cannabis, which will act as a regulatory body for the cannabis industry, unlike the current situation, where they have several ministries and institutions which have authority over various different aspects of the cannabis industry. In early Macedonian police seized about 1. Several companies with the license to grow marijuana are working in that part of the country. Recently the government has passed the law that allows that allows for the export of dried flowers. The application for obtaining an approval for the cultivation of cannabis shall be submitted to the Ministry of Health. Once you know this, you have three different laws for sowing, harvesting and the production of extracts. The cannabis cultivator shall submit a report to the Ministry of Health, the Ministry of Agriculture, Forestry and Water Economy and the Agency for Medicinal Products and Medical Devices about the completed process of cultivation and the obtained total dry weight, within three days as of the day of the completed process of cultivation. The legal entity submits a permit request with supporting documents to the AMMD Agency for Medicines and Medical Devices , which makes a decision upon reviewing the request. The AMMD is the official body that grants a permit for the export of border line products and medicines. Curious about the permits, procedures, and licensing fees for starting a cannabis operation in North Macedonia? Unlock the comprehensive guide here and gain access to valuable insights and expert recommendations! Do you have any questions on the regulatory framework in Mexico? Contact us! Industry leaders trust our solutions to manage their cannabis operations. Make the most of your crop and get ready to take your cultivation to the next level. Book a Demo. Table of Contents 1. Unlocking Opportunities: How to Secure a Cannabis Cultivation Permit in North Macedonia This captivating narrative is a must-read for everyone - from potential investors scouting for new opportunities, to cannabis enthusiasts keen to understand the industry's dynamic landscape, or anyone simply intrigued by North Macedonia's green revolution. Next post. Thank you! Your submission has been received! 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Raids in Strumica, two people are detained
Strumica buying Cannabis
The Canadian company has partnerships in South Africa, Mexico, North Macedonia and Portugal and plans to build relationships and joint ventures with other countries around the world. It is seeking to create a large commercial outdoor growing, cultivation, production and global distribution platform for medicinal cannabis and cannabinoid oil, which will provide drug companies with sustainable and low-cost supplies of high quality medicinal cannabis and cannabinoid oil for use in bulk as an active pharmaceutical ingredient. David Curry, VP media and public relations at Instadose Pharma, told bne IntelliNews that the company is working on growing programmes in the developing world and argues that there are numerous benefits. Namely, cannabis is a high value crop and green renewable resource, and its cultivation can create jobs for many people in the developing world. In November, the company said it secured an import permit from the relevant agency in North Macedonia for the shipment of 2, kg of medical cannabis out of southern Africa, which was the second import permit it received in the Balkan country. In April the company sent the first shipment of kg to North Macedonia. According to him, the product is designated for the medicinal cannabis market and there are various customers, which have different requirements depending on how the constituent ingredients are to be used. North Macedonia has been an EU candidate country since Its Macedonian unit Instadouz Farma is a fully licensed processor of cannabinoid oil for export and sale located in the southeastern town of Strumica. Asked why the company imports medical cannabis when North Macedonia has legalised the growing of the plant, he said that the scale required for medical cannabis supply requires large and continuous volume year round. He revealed that Instadose Pharma plans to continue to develop its business in North Macedonia and increase volumes imported from partners not only from southern Africa, but with many partners in Africa and around the world. Thus, North Macedonia became one of the few countries in the world that allows the cultivation and export of cannabis products, opening doors for investors. In November , Social Democrat Prime Minister Zaev said that he supports the decriminalisation and legalisation of cannabis consumption, saying that this will help the tourism and hospitality industry in the country. The industry grew rapidly in with an additional five companies entering the medical cannabis sector. In June , NYSK Holdings became the first company in North Macedonia to receive a license to export dried cannabis flowers, which was needed for the company to start exports to Poland. North Macedonia is now utilising the sale of the plant for economic purposes, to reduce jobless rate and to boost the industry locally, according to the report. Curry said that cannabis will continue to develop as a commodity and market forces will determine the price. Current cost price for indoor grown cannabis is relatively high compared with outdoor grown cannabis. About the African market, Curry said that many countries, particularly in central and southern Africa, have long histories of growing cannabis, but the evolution and development growing programmes for medicinal cannabis is still in its infancy. The market in South Africa has grown in recent years, particularly after the ruling of the Constitutional Court in , which decriminalised forms of personal consumption of cannabis, which caused interest from abroad in the cannabis industry to increase. According to Curry, there is a long colonial legacy and stigma in many places that needs to be overcome, however, he underlined that the cannabis is green renewable resource and a high value crop that has the potential to have many benefits related to socio-economic development, food and water security. This is a long road and we need to help start that conversation and work with our partners, which inevitably is going to be the foundation of all companies who work in this area,' he stated. In a country like Canada, where it is now legal, the change in the perception of cannabis in recent years is vast and the stigma has rapidly fallen away, according to Curry. Curry agued that cannabis and hemp plants, unlike mining, are a green renewable resource that contributes to carbon sequestering though the way the plant captures carbon, and the beneficial changes it can have on the biome of the soil as the complex soil and fungi are fundamental to the carbon cycle. He said that in developing countries, where there could be multiple crops in a year, cannabis could be a big contributor on turning the tide against climate change though simply growing the plant and increasing the fertility of the soil. This is a relatively new area, however, but one that is receiving a great deal of attention. Register here to continue reading this article and 8 more for free or purchase 12 months full website access. Register to read the bne monthly magazine for free:. Already registered. Take a trial of IntelliNews PRO, a premium daily news service aimed at professional investors that covers business, economics, finance and politics of Emerging Europe. Privacy Policy and Terms of Service apply. Have a question? Email sales intellinews. A confirmation email has been sent to the email address you provided. Forgotten password? Email field can't be empty. No user with this email address. Access recovery request has expired, or you are using the wrong recovery token. 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For any other enquiries about our products or corporate discounts please contact us at sales intellinews. If you no longer wish to receive our emails, unsubscribe here. Magazine annual electronic subscription. By Valentina Dimitrievska in Skopje December 10, Instadose in Africa About the African market, Curry said that many countries, particularly in central and southern Africa, have long histories of growing cannabis, but the evolution and development growing programmes for medicinal cannabis is still in its infancy. Green renewable resource Curry agued that cannabis and hemp plants, unlike mining, are a green renewable resource that contributes to carbon sequestering though the way the plant captures carbon, and the beneficial changes it can have on the biome of the soil as the complex soil and fungi are fundamental to the carbon cycle. Read in IntelliNews Pro. Get IntelliNews Pro. Related Content. Sea of Oman oil terminal boosts export resilience amid tensions with Israel. 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Strumica buying Cannabis
Raids in Strumica, two people are detained
Strumica buying Cannabis
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Strumica buying Cannabis
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Strumica buying Cannabis