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BUSINESS CONSULTING

Wise Medical Cannabis

WiseHS - Wise Healthcare Solutions, based in Portugal, offers professional advice to all types of cannabis-related businesses and covers services such as:

Legal

Advice

Licensing Application

Growing, Importing, Exporting, Manufacturing and Wholesale Trade

Business Development and Optimization

Regulatory Compliance

Environmental Compliance

Medical and Scientific Affairs

Market

Research

Economic

studies

Project elaboration / revision according to the legislation

Support in the Marketing Authorization Process

Support in Clinical Studies

WiseHS works with customers who want to obtain:

- Authorization to grow the cannabis plant for medicinal purposes

- Authorization to import medicinal, cannabis-based medicines, preparations, and substances

- Export authorization for medicinal products, preparations, and substances based on cannabis for medicinal purposes

- Authorization for the manufacture of medicinal cannabis medicinal products, preparations, and substances

- Authorization for wholesale of medicinal products, preparations, and substances based on cannabis for medicinal purposes

- Marketing Authorization (ACM) for herbal cannabis preparations or substances for medicinal purposes

 

We help our customers establish themselves in the medical cannabis market by applying their know-how to develop high-quality cannabis herbal pharmaceuticals.

We offer professional advice to all companies wishing to invest in the medical cannabis market.

Why Portugal?

 

The Portuguese climate is well suited to the production of the Cannabis plant, as it has favorable light and water conditions for its plantation and growth, especially when compared with the northern European countries, where higher costs are required to cultivate the Cannabis plant. large scale plant.

In summary, the reasons that should be taken into account when choosing cannabis production in Portugal are as follows::


• Low-cost cultivation
• Economical export tariffs to other European countries
• Regulation in favor

Cannabis Regulation in Portugal

 

Portugal decriminalized cannabis use, along with all other drugs in 2001. The use of cannabis for medicinal purposes was approved by the Portuguese Parliament on June 15, 2018.


Currently, the legislation regulating the Portuguese medical cannabis market comprises:

- Law No. 33/2018, of 18 July, which establishes the legal framework for the use of cannabis medicines, preparations and substances for medicinal purposes, namely their prescription and dispensation in pharmacy.

- Decree-Law No. 8/2019 of 15 January, which regulates the use of cannabis medicines, preparations and substances for medicinal purposes.

Regulatory Framework in Portugal

Pharmaceutical

products

Sativex has been authorized since 2012 and is 37% reimbursed.

Legislation
Medicinal Cannabis

Therapeutic use has been approved since July 2018.

Market Overview

Key statistics for the European cannabis industry

Population (m)

743

GPD (€t)

16.6

Total health costs(€t)

2.3

Average price per gram of recreational cannabis (€)

8.33

Cannabis Market Estimated Value (€b)

2018

123

Estimated value of the medical cannabis market (€b)

2018

58

Estimated value of recreational cannabis market (€b)

2028

65

Estimated cannabis users aged 15-64 (m)

2018

15

Business Consulting for the Promising and Growing Cannabis Industry

We will provide comprehensive solutions, process optimization, saving time and money.