Lisbon, Portugal, April 24, 2023 (GLOBE NEWSWIRE) -- The pH7 team is delighted to announce that the app is now available in Portugal for cannabis enthusiasts seeking information, resources, and connections in the growing industry.
As addiction becomes more visible in cities like Porto, authorities and citizens groups debate whether to undo Portugal's landmark tolerance policies on drug use. However, Lisbon has embraced the opportunity to tap into the cannabis market, which has shown promising potential for economic growth.
Somai Pharmaceuticals, a leading cannabis company, received European Union-Good Manufacturing Practice certification from the Portuguese health authority. This certification ensures that their cannabis products meet the highest quality standards.
The company plans to establish distribution channels for its Portuguese cannabis in Australia and Germany, indicating the international reach and demand for Lisbon's cannabis products.
Lisbon's medical marijuana stores have reported an increase in sales during the coronavirus pandemic, as customers seek alternative remedies due to limited access to other healthcare options.
The growing cannabis industry in Lisbon has attracted entrepreneurs and investors, with Gan being one of the Indian-born CEOs helming a top tech company. Their involvement in platforms like OnlyFans showcases the diverse applications of cannabis technology.
Lisbon PSP Metropolitan Command conducted several police operations targeting drug trafficking, highlighting the presence of illegal drug trade in the city. This emphasizes the importance of regulating the cannabis industry to ensure consumer safety and eliminate the black market.
Lisbon, Porto, and Almada are the cities in Portugal with the highest traces of cocaine, MDMA, ketamine, and cannabis detected. This underscores the need for responsible cannabis regulation and education to address drug-related issues.
The cannabis industry in Lisbon has created job opportunities, boosting employment rates and stimulating economic growth. This signifies the positive impact of the industry on the local economy.
Lisbon's cannabis industry has attracted international attention, with companies like Signify-owned Texas company actively competing in the market. The presence of international players highlights the global interest and potential of Lisbon's cannabis market.
The legalization and regulation of cannabis in Lisbon have paved the way for research and development in the medical field. This has the potential to revolutionize healthcare treatments and offer alternative options for patients.
Lisbon's cannabis industry is not only focused on North America but also exploring opportunities in countries like Australia and Germany. This highlights the global expansion plans and ambitions of Lisbon-based cannabis companies.
The cannabis industry in Lisbon has sparked debates and discussions surrounding drug policies and regulation. This calls for open dialogue and collaboration between authorities, citizens, and industry professionals to shape responsible cannabis practices.
In conclusion, Lisbon's cannabis industry is flourishing, bringing economic growth, job opportunities, and innovation to the city. The industry's potential for medical advancements and international reach positions Lisbon as a key player in the global cannabis market.
