Sri Lanka Explores Cannabis Cultivation for Export Following Cabinet Proposal

Date:

State Minister of Indigenous Medicine, Sisira Jayakody, has revealed plans to introduce cannabis cultivation as a significant component of the export industry once the proposal gains approval from the Cabinet.

The proposal in question has already been submitted to the Cabinet, and it has received the Speaker’s endorsement. State Minister Jayakody underlined that the emphasis would be on utilizing cannabis as a medical resource rather than for recreational purposes.

Moreover, he noted that the Department of Ayurveda has given its consent to employ cannabis as a medical drug, signifying a potential shift towards harnessing the therapeutic properties of cannabis within the realm of indigenous medicine. This move, if executed, could contribute to the development of the export sector and the enhancement of healthcare practices in Sri Lanka.

Share post:

spot_imgspot_img

Popular

More like this
Related

Government Probes into Rapid Expansion of Unregulated Co-operative Banks

Financial institutions mushrooming in the island without a proper oversight as...

Sri Lanka Launches Bold Crackdown to Recover Stolen Wealth

In a sweeping move to confront decades of entrenched...

Guarantee Trap: Hidden Fiscal Risks Lurking in Sri Lanka’s Debt

Sri Lanka’s growing dependence on government guarantees has turned...

Sri Lanka’s Gem Glory Dimmed by US $1 Billion Black Market

The gem and jewellery industry in Sri Lanka long...