[Страдалецъ]

Можно. Вот что на просторах инета пишут по этому поводу:

Код:

Как показать содержание поля Memo в DBGrid? 
procedure TForm1.DBGrid1DrawDataCell(Sender: TObject; const Rect: TRect;
Field: TField; State: TGridDrawState);
var
P : array [0..50] of char; {array size is number of characters needed}
BS : tBlobStream; {from the memo field}
S : String;
begin
If Field is TMemoField then begin
with (Sender as TDBGrid).Canvas do
begin
{Table1Notes is the TMemoField}
BS := tBlobStream.Create(Table1Notes, bmRead);
FillChar(P,SizeOf(P),#0); {terminate the null string}
BS.Read(P, 50); {read 50 chars from memo into blobStream}
BS.Free;
S := StrPas(P);
while Pos(#13, S) > 0 do {remove carriage returns and}
S[Pos(#13, S)] := ' '; {line feeds}
While Pos(#10, S) > 0 do
S[Pos(#10, S)] := ' ';
FillRect(Rect); {clear the cell}
TextOut(Rect.Left, Rect.Top, S); {fill cell with memo data}
end;
end;
end;