17 November 2021 09:30 am Views - 499
Parliamentarian Diana Gamage yesterday proposed to the Government to legalise cannabis and cultivate it on state patronage claiming that it was a lucrative business to earn foreign exchange.
She told Parliament that tea could no longer be cultivated as a commercial cultivation as other countries such as China and Kenya had started to cultivate tea and taken up most of the market share.
She said cannabis could be considered as a commercial cultivation in Sri Lanka and could be used as a main export crop to earn foreign exchange adding that other countries were earning huge income by exporting it.
“Tea is no longer a commercial cultivation for Sri Lanka. We have been blessed with the cannabis plant by god and the nature. It should be grown as a commercial cultivation with the state patronage. We can earn foreign exchange to pay off our loans within two or three years.
We don’t have to go begging for money from the IMF or any other country,” she added.
The MP said the Government should abolish the Ordinance introduced by the British in the 1800s with regard to cannabis and urged the Justice Minister to pass laws legalising cannabis in Sri Lanka.
She said according to the predictions of the European Investment Bank (EIB), the global cannabis market share would increase by 1000 percent within the next decade and it would be US$ 140 billion by 2027.
“ US$ 57 out of this is through legal cannabis and most of it would be supplied by North America,” she said.