Macedonia’s no cost-industry strategy to health-related cannabis is setting it apart from several European states.

And, in positioning itself as welcome jurisdiction for cannabis investment, it received a pay a visit to from a major U.S. cannabis entrepreneur, reports the Balkan Insight web-site. Mike Straumietis, CEO of Sophisticated Nutrients, which produces expanding supplements, has produced a flying pay a visit to to the former Yugoslavian nation.

With a colorful background, racy tastes, and a higher-profile media presence ‘Big Mike’ is not 1 to shun publicity. His numerous social media posts informed followers of his meeting with Macedonian Prime Minister Zoran Zaev, while praising the country’s cannabis ambitions.

A single such posted trumpeted: ‘Let me inform you, this nation has large possible, and I’m excited to be a aspect of turning Macedonia into 1 of Europe’s 1st Cannabis Superpowers’.

Overall health Minister Venko Filipce and the mayor of Skopje’s Centar municipality, Sasa Bogdanovic had been also in the meeting with ‘ Marijuana Mike’ – a different 1 of his monikers. With no official pre-announcement on the pay a visit to the Macedonian press contacted the Government for an update and the Balkan Insight web-site ran this as its response.

‘Our representatives, like the prime minister, have operating meetings on financial matters on a every day basis, and that they have no obligation to inform the public about all of them. There is no qualified normal or practice for informing the public about all of the operating meetings [taking place] in the government,’ it mentioned.

So, at this stage in the game it seems to be a case of watch this space. Even so, count on to hear some news in due course as there is small doubt Macedonia, or North Macedonia, as it is formally recognized is aiming higher.

It legalized expanding cannabis for health-related purposes in 2016, and Prime Minister Zaev, is a vocal supporter of the market. His cousin, Trajce Zaev is currently a major cannabis investor in the nation, reports Balkan Insight. In the European Cannabis Report published by London-primarily based Prohibition Partners its bullish in its evaluation of Macedonia.

‘Macedonia has set its sights on European expansion, cultivating a cannabis market of its personal, opening doors to investors, entrepreneurs and multinationals. It goes on to say ‘it is joining the ranks of the Balkan states major cannabis reform in south-eastern Europe’.

With Macedonia adopting a no cost industry model for the production of cannabis-primarily based items, rather than setting up production beneath a state monopoly, it can be a leader in this region, says the report.