OpenTHC

Sri Lanka moves forward with cannabis cultivation, but, this isn't a typical legalization model.

The catch? It's EXPORT ONLY.

https://timelinedaily.com/world/sri-lanka-to-grow-cannabis-grants-licenses-to-foreign-investors

#SriLanka #Cannabis #GlobalCannabis #RegTech

Sri Lanka To Grow Cannabis; Grants Licenses To Foreign Investors | TimelineDaily

Sri Lanka To Grow Cannabis Grants Licenses To Foreign Investors The seven foreign investors were chosen from 37 applicants for the cannabis cultivation project, and the Board of Investment (BoI) of Sri Lanka has given legal clearance

TimelineDaily
Aug 14, 2025 at 4:26pmWeb
Show threadOpenTHCAug 14, 2025

Cultivators need to have a foreign buyer for their entire crop lined up before they can get a license. This raises the barrier to entry significantly and creates a fascinating regulatory environment.

We're working on a full analysis of this new market for the OpenTHC Wiki. Stay tuned.