A recent article published in Jornal de Notícias, a prominent Portuguese newspaper, has shed light on the burgeoning medical cannabis industry within Portugal. The piece, authored by Rita Neves Costa, delves into the significant expansion of the sector, focusing on both the increasing export trends and domestic adoption of medical cannabis.
Curaleaf’s General Manager of Iberia, Nuno Mendonça, was featured in the article, providing valuable insights into the industry’s current trajectory and promising future. His commentary highlighted key developments that are shaping the landscape of medical cannabis in Portugal and across Europe.
Portugal’s Growing Export Prowess
One of the most notable aspects emphasised in the Jornal de Notícias article is the substantial surge in medical cannabis exports from Portugal. Specifically, the article reveals that approximately 46% of these exports are destined for the German market. This statistic underscores Portugal’s rapidly growing role as a crucial player in the European medical cannabis supply chain.
The strong demand from Germany, a leading market in Europe, is a testament to the quality and reliability of Portugal’s medical cannabis production. This export success not only boosts the Portuguese economy but also reinforces the country’s position as a key supplier in the broader European market.
The Evolving European Regulatory Landscape
Beyond the export figures, the article also addresses the evolving regulatory landscape across Europe. There’s a growing anticipation that other European nations will follow Germany’s lead in expanding patient access to medical cannabis. This shift in regulatory perspectives is crucial for the industry’s continued growth and for ensuring patients across Europe have access to necessary treatments.
Nuno Mendonça’s commentary in the article touched upon this evolving landscape, emphasising the potential for further expansion as more countries recognise the potential therapeutic benefits of medical cannabis for certain conditions.
Looking Ahead
The insights provided by Jornal de Notícias paint a clear picture of a thriving medical cannabis industry in Portugal. The increasing export trends, particularly to Germany, and the evolving regulatory landscape across Europe, point to a bright future for the sector.
Want to Learn More?
For those interested in delving deeper into the details of this expanding industry, you can access the full article by Rita Neves Costa (paywall) at: https://shorturl.at/Nd0vN
