• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Parliament passes Amendment Bill expanding Cannabis cultivation for medicinal and industrial use

2 years ago
in Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
71
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Parliament passes Amendment Bill expanding Cannabis cultivation for medicinal and industrial use

In a landmark decision, Ghana’s Parliament has approved the Narcotics Control Commission Amendment Bill 2023, heralding a new era for the cultivation of cannabis in the country. The bill, which grants the Ministry of Interior the power to issue licenses for cannabis cultivation, aims to tap into the plant’s vast potential for industrial and medicinal applications.

This legislative development follows a recent ruling by the Supreme Court that invalidated provisions in the Narcotic Control Commission Act, which previously permitted the cultivation of select cannabis strains for medicinal and industrial purposes. Citing a violation of Article 106 of the 1992 Constitution, the court dismissed an appeal filed by the Office of the Attorney-General, upholding the decision in a narrow 5-4 vote.

During the parliamentary debates surrounding the amendment bill, Members of Parliament passionately emphasized the immense benefits that can be derived from harnessing the properties of cannabis. Advocates underscored its potential in various industries and its significant role in advancing medicinal research and development.

With the passage of the Narcotics Control Commission Amendment Bill 2023, the Ministry of Interior assumes a crucial role in overseeing and regulating cannabis cultivation. This move is expected to pave the way for the expansion of the cannabis industry, creating new economic opportunities and stimulating further exploration of its untapped potential.

Ghana, with its favorable climate and agricultural expertise, is well-positioned to capitalize on the cultivation of cannabis for both domestic use and export. The amended legislation not only marks a progressive step forward but also positions the nation as a potential leader in the emerging global cannabis market.

Industry experts anticipate that the new licensing framework will attract domestic and foreign investors eager to tap into Ghana’s burgeoning cannabis industry. Moreover, it is anticipated that the amendment will stimulate job creation, boost tax revenue, and promote research collaborations between academic institutions and private enterprises.

RelatedPosts

From Missing Contracts to Phantom Cargoes: Why Ghana’s G4O Could Be the Scandal of a Generation

World Bank Warns Ghana of Mounting Jobs Crisis, Urges Productivity-Led Reforms

Galamsey has Destroyed 1.2m Hectares of Farmland, Displacing Over 500,000 Farmers – PFAG

As Ghana embraces this transformative legislative change, stakeholders and regulators must work in tandem to ensure that the cultivation, processing, and distribution of cannabis adhere to stringent quality control measures and meet international standards. By doing so, Ghana can carve a reputable and responsible niche in the global cannabis landscape.

The passage of the Narcotics Control Commission Amendment Bill 2023 represents a significant milestone for Ghana, showcasing the nation’s commitment to harnessing the economic and medical potential of cannabis. As the Ministry of Interior prepares to oversee the licensing process, all eyes are now on the emerging opportunities and challenges that lie ahead for Ghana’s cannabis industry.

Tags: Amendment BillcannabisParliamentParliament passes Amendment Bill expanding Cannabis cultivation for medicinal and industrial use
No Result
View All Result

Highlights

DBG to Get New CEO Today; Board to be Constituted by End-October

Government Misses T-Bill Target as Auction by 37.9%; Raises GHS 3.46bn

Standard Chartered Bucks Bearish Trend, Forecasts Oil Price Gains in 2026

UDS Makes History as First African Champions of the World University Games Football Tournament

Why Nigeria fell from African VC throne

Asante Kotoko Advances in CAF Confederation Cup; Faces Wydad Next

Trending

Features

From Missing Contracts to Phantom Cargoes: Why Ghana’s G4O Could Be the Scandal of a Generation

September 29, 2025

From Missing Contracts to Phantom Cargoes: Why Ghana’s G4O Could Be the Scandal of a Generation A...

World Bank Warns Ghana of Mounting Jobs Crisis, Urges Productivity-Led Reforms

September 29, 2025

Galamsey has Destroyed 1.2m Hectares of Farmland, Displacing Over 500,000 Farmers – PFAG

September 29, 2025

DBG to Get New CEO Today; Board to be Constituted by End-October

September 29, 2025

Government Misses T-Bill Target as Auction by 37.9%; Raises GHS 3.46bn

September 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.