Gabriel Didham

 

Medical marijuana offers great promise but age old challenges

Economics and Finance

Like many, North Macedonia has enthusiastically embraced the potential of medical marijuana. In only three years, it has licenced 29 growers and processors. However, the failure of a planned law change highlights the issues facing the industry. A weak banking sector and over-indebted companies means its processing sector struggles to meet export standards. The new law would have allowed the export of dried cannabis flower buds and by-passed these problems but at the expense of the domestic industry.