Laying the groundwork for legalising medical cannabis, the European Union is beginning to outline a harmonised set of laws across Europe.
Medical cannabis is inching its way into the European Union agenda as legislators prepare to funnel cash into research of the drug and begin laying the groundwork for a harmonised set of laws across Europe. In late 2018, health committee politicians in the European Parliament, voted to approve a draft resolution on the use of cannabis for medicinal purposes, and now the proposals are going to become a concrete motion.
The European medical cannabis industry
Europe’s cannabis industry is predicted to be worth €115.7bn by 2028, making it the world’s largest legal cannabis market. Due to domestic regulations, the EU could not legalise cannabis immediately, but it can lay down a set of guidelines that each country transposes into domestic law.
In December 2018, the EU’s drug agency, the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA), provided the first report on medicinal cannabis.