As a third challenge is to give them the possibility of accessing state subsidies or other specific dedicated to farmers to develop their productions.
This week, the Moroccan parliament passed a law legalizing cannabis production, although for now only for industrial and medicinal purposes, not for recreational use.
Cannabis in Morocco has been illegal since its independence in 1956 but despite this it is the world’s leading exporter of hashish – cannabis powder or resin – and it is estimated that between 1 million and 1.5 million people live from its cultivation on some 55,000 cultivated hectares .
With the approval of the law to legalize certain uses of this plant, around 100,000 people who until now depend on illegal cultivation in the north of the country could see their work regularized.
The first objective is to get the growers out of the criminal circuit of illicit drug trafficking.
Since the change in the approach to drugs worldwide and the elimination of cannabis from the list of prohibited substances by international organizations, the cannabis industry has experienced an explosive growth worldwide.
Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof.
Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information.
Arturo Garcia started out as a political writer for a local newspaper in Peru, before covering big-league sports for national broadsheets.