Tag: mgc pharmaceuticals

International medical cannabis firms are planning to stampede Malta to set up shop in the island nation's recently regulated market. Due to Malta's small size, the companies are likely to fuel European expansion as the continent is seen to be opening up soon.

Medical cannabis firm MGC Pharmaceuticals will build a state-of-the-art manufacturing facility through an investment of €11m to produce medical cannabis-based products in Malta. The investment is seen to create 27 jobs by the third year of operations.