Categories: International

Lebanon legalizes cannabis farming for medicinal use

The Lebanese parliament has passed the legislation to legalize the cannabis cultivation for medical and industrial purposes. Earlier, the farming of cannabis was illegal in Lebanon, but now the cannabis farming would be regulated within the country. Legalizing the cultivation of Cannabis is expected to produce high value-added medicinal products. It is also a potentially lucrative export for Lebanese economy which is in dire need of foreign currency as it is grappled with a financial crisis.

Click Here To Get Test Series For SBI PO 2020

Hence the legalization of cannabis farming in Lebanon would bring revenue for the government as well as develop the agricultural sector.

Important takeaways for all competitive exams:

  • Prime Minister of Lebanon: Hassan Diab.
  • Capital of Lebanon: Beirut; Currency: Lebanese pound.

Find More International News 

Recent Posts

Which Lake is known as the Jewel of Udaipur?

Did you know that one beautiful lake in Udaipur is lovingly called the “Jewel” of…

5 hours ago

Which is the Largest Banana Producing State in India?

Did you know that bananas are one of the most loved and widely eaten fruits…

7 hours ago

Shashi Tharoor Conferred Honorary D.Litt by St Xavier’s University, Kolkata

Lok Sabha MP Shashi Tharoor was conferred an honorary Doctor of Letters (D.Litt) degree by…

7 hours ago

Big Change at Rashtrapati Bhavan! Lutyens Statue to Be Replaced by C Rajagopalachari

Prime Minister Narendra Modi announced that the statue of British architect Edwin Lutyens at Rashtrapati…

7 hours ago

Punjab Launches ‘Meri Rasoi’ Scheme: Free Food Kits for 40 Lakh Poor Families Ahead of Budget Session

The Punjab government has launched the ‘Meri Rasoi’ scheme to provide nutritional support to nearly…

8 hours ago

PhonePe Launches AI-Powered Natural Language Search with Microsoft Foundry

PhonePe has launched an AI-powered natural language search feature built on Microsoft Foundry. The new…

8 hours ago