Finance Minister Expresses Positivity Towards Legalizing Commercial and Medicinal Cannabis Production
Summary
Finance Minister Dr. Swarnim Wagle says the government is positive about legal arrangements for the commercial production and medicinal use of cannabis, and that the Finance Ministry will coordinate with Home Affairs on further study and legalization. He also said Rs 700,000 has been initially allocated for drafting laws, regulations, and standards for two ministries in the upcoming fiscal year 2083/84.
Key Points
- Finance Minister Dr. Swarnim Wagle said the government is positive about legalizing commercial cannabis production and medicinal use.
- He said the Finance Ministry will coordinate with the Ministry of Home Affairs for further study and legal determination.
- Wagle argued that regulated cannabis cultivation could support income, employment, revenue collection, industrial promotion, and medicinal use.
- He also said Rs 700,000 has been initially allocated in the budget for drafting laws, regulations, procedures, directives, and standards under two ministries.
