UG: Govt. says Cannabis investors are right to run out of patience

Investors waiting for clearance to venture into large scale planting of cannabis, also known as marijuana are right to get angry with the government for taking long to institute legal framework to regulate the intoxicating but high-value medicinal crop, the State Minister for Agriculture has said.

Mr Christopher Kibanzanga says several investors and medical research institutions have expressed frustration over delays to grant them licences to grow marijuana for medical purposes.

The products harnessed from cannabis, according to the minister are of high value and marketable. He believes that if the fortunes of the high value crop are properly tapped it can easily transform the fortunes of a country in general.

At the same time, he warned that it has the potential to turn a country into a chaotic State as evidenced in some South American and South-Central Asia countries that are grappling with the drug problem.

Read more at allafrica.com


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