Details

wanted investor plantation is cannabis and Medicine product Cannabis Industry
A location of the country Sri Lanka
Mega project - wanted investment amount 30 million USD investment we invite of world experience cannabis investors pls cntc
Available of the limited year duration tax free including of machinery items fully project
we Providing of the long lease lands
Need of experience cannabis production investor
Growing,maIntain,collecting warehouse storage,factory and finally manufacturing medical cannabis product transportation made in Sri Lanka product and export of the buyers in the world
Real experience investor pls cntc you have a good opportunity
best rgds


Medicinal cannabis in Sri Lanka
Despite Sri Lanka’s tough stance on cannabis, the government announced in 2017 that it would be legalising cannabis cultivation for medical purposes. The cannabis is exclusively for Ayurvedic practitioners in the country, though some will also be exported to the US for medical use.

Rajitha Senaratne, the Minister of Health, Nutrition and Indigenous Medicine, commented that: “Many Ayurvedic doctors have complained that they don’t get good quality cannabis for their preparations. Good cannabis is a vital ingredient in the preparation of traditional medicine.”

Prior to this amendment to the law, practitioners were relying on black-market cannabis that had previously been seized by the police. Senaratne added: “By the time our native doctors get this cannabis, it is about four to five years old and it has lost its effectiveness.”

The government made plans to dedicate 100 acres to farming cannabis, with the aim of producing over 25 tonnes a year.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.