Cannabis cultivation can attract USD 2 bn within 2023 alone

Date:

The implementation of the proposal of cannabis cultivation for the sole purpose of exportation can attract investments amounting to USD 2 billion within 2023 alone, said State Minister of Tourism Diana Gamage, speaking to reporters after attending the Parliament sittings yesterday (14).

“I am very happy, because I have been outspoken about this for this country. Because I see path to recovery through the implementation of this. I know that by implementing this, investments of USD 2 billion can be attracted and it will allow the industries of this country to continue. We can save this country,” she said.

President Ranil Wickremesinghe during his 2023 Budget Speech yesterday revealed that a committee of specialists will be appointed to investigate the possibility of cultivating cannabis for the sole purpose of exports.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Defence Ministry Warns of Cybercrime Job Scam Targeting Sri Lankans Abroad

The Ministry of Defence has issued a warning about...

Govt to Open Underutilised State Lands for Private and SME Investments

The government will invite private sector participation, including investments...

Vietnam’s ROX Group Explores Renewable Energy Investments in Sri Lanka

A high-level delegation from ROX Group, one of Vietnam’s...

No Satellite Registered Under Sri Lanka’s Name in ITU Records – Minister Jayatissa

Mass Media Minister Dr. Nalinda Jayatissa revealed that Sri...