On 5 February 2024 the Cabinet approved a plan to grow cannabis for medicinal use and export, with the Board of Investment inviting foreign investors and local investors also mentioned. The plan envisaged production on state land and an export levy. It did not change the prohibition on domestic recreational use or create a patient route outside Ayurveda.[1][2]
Listed for context. No score change is recorded for Sri Lanka here.
References
- Ada Derana — Cabinet approves cultivation and export of cannabis for medicinal purposes (5 February 2024)Cabinet decision and Board of Investment role.
- EconomyNext — Sri Lanka cannabis investment plan gets interest from 30 investors (23 August 2024)Mirigama and Kandy Stage II; export levy; US$2 million deposit.
Checked. The date and the event were compared with a source that was read.