The Ghana Commodity Exchange (GCX) and the Chamber of Cannabis Industry Ghana have signed a Memorandum of Understanding (MoU) to support the structured development of the cannabis industry. The partnership seeks to establish a formal, transparent and regulated market system to guide the cultivation, processing and trade of cannabis for industrial and medicinal purposes.
Ms Evelyn Abakah, Chief Executive Officer of GCX, said the collaboration marked a deliberate step towards building a "formal, compliant and export‑ready" cannabis industry aligned with Ghana's economic transformation agenda.
She noted that leveraging the Exchange's electronic trading platform would provide producers with access to fair markets while ensuring transparency, price discovery, and regulatory compliance.
"Investors will find confidence in a rules‑based, well‑governed trading environment, while regulators will benefit from improved data visibility and oversight," she said. Dr Mark Darko, President of the Chamber of Cannabis Industry Ghana, described the MoU as a significant milestone, signalling a shift from debate to practical industry development anchored on regulation and credible institutions.
Read more at Ghana News Agency
