MJ Biz report
The Czech Republic is a minor player among medical cannabis markets in Europe, but that might be about to change thanks to a recent policy alteration involving the country’s health insurance.
Since Jan. 1, the Czech Republic’s public health insurance has been extended to cover medical cannabis under certain conditions.
In the first four months of 2020, almost 16 kilograms (35 pounds) of medical cannabis were sold, about the same as the total sold in all 2019 – signaling that the market could be in store for significant growth this year.The inclusion of cannabis is already starting to bear fruit, although limited participation by physicians and pharmacies could pose hurdles for the market.
And, looking ahead, the Czech government is weighing changes that could open up the medical cannabis market to more competition and business opportunities.