Rwanda approves export of medicinal cannabis

Rwanda approves export of medicinal cannabis

Rwanda has approved the production and export of cannabis for medical use as a way of boosting its revenues.

A cabinet meeting approved ‘guidelines on cultivation, processing and export of high value therapeutic crops in Rwanda’.

Health Minister Daniel Ngamije announced on Tuesday on state television that the therapeutic crops included cannabis.

He said Rwanda wishes to ‘contribute to the research centres and drug-industries to supply them raw material so that we can gain money’.

Only licensed producers will be involved in the trade and cannabis consumption remains prohibited locally, the Rwanda Development Board said in a statement.

Unapproved production and sale of cannabis risk harsh penalties, including a life sentence, while consumption can lead to a maximum of two years in jail. Last year, the global cannabis market was thought to be worth $150bn (£116bn), according to Barclays bank.

https://www.premierbank.so/

more recommended stories