Cabinet approval to cultivate cannabis for export

Cabinet approval to cultivate cannabis for export

February 5, 2024   09:20 pm

The Cabinet of Ministers on Monday approved a proposal in relation to the cultivation and export of cannabis for medicinal purposes, according to State Minister Diana Gamage.

Speaking to Ada Derana, she said that the process of inviting foreign investors for that purpose will be carried out through the Board of Investment (BoI) in the future.

State Minister of Tourism further stated that the local investors will also have the opportunity for this and that investors will be required to make relevant investments in US Dollars.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

President directs implementation of urgent measures to address human-elephant conflict (English)

President directs implementation of urgent measures to address human-elephant conflict (English)

IMF to assess impact of external risks on Sri Lanka’s economy during fifth review (English)

PM vows legal action even against current govt officials over Easter attacks (English)

Sri Lanka to waive visa fees for 40 more countries – Foreign Minister (English)

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

X-Press Pearl Disaster: SC orders shipping company to pay US$1 bln in compensation (English)

History subject not removed, just repositioned in education system - President on reforms (English)

Education reforms are not needed to create jobs - MP Dilith Jayaweera (English)