Rwanda has approved the production and export of cannabis for medical use as a way of boosting its revenues.
Health Minister Daniel Ngamije announced that a cabinet meeting held on Monday approved “guidelines on cultivation, processing and export of high value therapeutic crops in Rwanda” and the therapeutic crops included cannabis.
He said Rwanda wants to “contribute to research centres and drug industries to supply them raw material so that the country gains money”.
In a statement, the Rwanda Development Board said only licensed producers will be involved in the trade and cannabis consumption remains prohibited locally.
Unapproved production and sale of cannabis risks harsh penalties, including life sentence, while consumption can lead to a maximum of two years in jail.
According to Barclays Bank, last year, the global cannabis market was thought to be worth US $150bn.