Cannabis cultivation can attract USD 2 bn within 2023 alone

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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

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