Earlier this year, Prime Minister Alex Tsipras announced Greek doctors would be allowed to prescribe medical cannabis, making Greece the latest country in the European Union to accept the medical value of the plant.

“From now on, the country is turning its page, as Greece is now included in countries where the delivery of medical cannabis to patients in need is legal,” Tsipras said in June. The government had also rescheduled cannabis, from a Table A drug, comparable to America’s Schedule I, to a Table B drug, joining other substance with approved medical value.

These changes have now allowed the country to make progress in the legal cannabis industry.

Investors are now focusing on creating a homegrown cultivation industry, which they believe will bring billions of Euros to the financially troubled country, according to a new report from Bloomberg. Growers have expressed interest in investing more than 1.5 billion euros ($1.74 billion) into building greenhouse parks for the cultivation and manufacturing of cannabis, Evangelos Apostolou, minister of rural development and food, said.

Each of these parks could create up to 400 jobs, which is great news for a country that has dealt with unemployment rates of over 20 percent for the last six years. “Forecasts call for growth close to 2 percent this year, rising to 2.5 percent in 2018,” the report claims.

Tsipras’s government plans on drafting the rules that will allow the program to take place by the end of the year. If the bill passes, the first crop of medical cannabis could be harvested next summer.

Unlike Uruguay and several U.S. states, the country aims at the cultivation and sales for medical purposes only.

“Thousands of Greek households with family members suffering from serious illnesses like cancer and Parkinson’s disease will be able to get drugs produced right here, under World Health Organization guidelines,” said Apostolou.