Malta Enterprise has approved five projects related to the production of medical cannabis with a total investment of €30 million, the Ministry of Economic Affairs said on Monday.

The projects will create 185 new jobs.

Three of the projects are Canadian while the others are Australian and Israeli.

A law to regulate the production of medical cannabis is currently in the final stage of discussion in parliament.

Minister Chris Cardona said the legislation was continuing to draw strong interest from investors and other applications for investment in Malta were being considered.  

 

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