A committee tasked with evaluating applicants for licences to cultivate medical cannabis is to be set up, the cabinet agreed on Wednesday.
Under the law passed in February regulating the cultivation and distribution of medical cannabis, the committee will process the submitted applications and select the three to whom a licence will be granted.
According to the legislation, once selected, the producers will be required to cover the €500,000 fee for issuing the licence. The annual renewal of the licence will cost producers €30,000.
Each medical cannabis producer will need to submit a report outlining the security measures being taken every three months, while the producers will also be evaluated by an inspector who will submit reports to an advisory committee.
Should a producer break the regulations and the terms of their licence, a relevant authority will be tasked with destroying the cannabis with the costs to be assumed by the producers.