- AdministratorApril 23, 2020 at 10:45 pm
Lebanon has become the first Arab country to legalize cannabis farming for both medical and industrial purposes. This could generate profitable exports and foreign investments as the country struggles to deal with a financial crisis.
While the bill allows for medical usages, recreational production is still illegal even though cannabis has been grown openly in the Bekaa Valley
According to the United Nations, the country is the world’s third-largest supplier of cannabis resin, or hashish, after Morocco and Afghanistan.
The legislation intends to build a multimillion-dollar industry that could generate products ranging from textiles to pharmaceuticals, and even cannabidiol (CBD) oil, Lebanon’s The Daily Star reported.
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