• August 05, 2020
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  • Ghana Legalizes Cannabis – but Only the Hemp Variety

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    On Friday, March 20, Ghana’s parliament passed the Narcotics Control Commission Bill, which will allow the use and cultivation of cannabis for medical and industrial uses — but only the variety that is better known as hemp.

    The new law limits the allowable concentration of tetrahydrocannabinol (THC) in the plants  — the substance that gets people high — to less than 0.3%. That’s the same level that was made legal for cultivation in the U.S. by the 2018 Farm Bill. However, cannabidiol (CBD), which is believed to provide health benefits, can be extracted from hemp. Recreational cannabis use remains illegal in Ghana.

    Read full article here: https://www.fool.com/investing/2020/03/23/ghana-legalizes-cannabis-but-only-the-hemp-variety.aspx

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