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Business News of Monday, 25 July 2022

    

Source: www.ghanaweb.live

A whole new economy will emerge in Ghana from Indian hemp – Gabby Otchere-Darko

Private legal practitioner, Gabby Asare Otchere-Darko Private legal practitioner, Gabby Asare Otchere-Darko

We can't lose out! Gabby on Indian hemp legalization

Ghana can earn significant revenue from legal marijuana market – Dumelo

We can make US$70 billion in 6 years after venturing into Indian hemp business, Dumelo

A leading member of the governing New Patriotic Party (NPP), Gabby Asare Otchere-Darko,

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Ghana can earn significant revenue from legal marijuana market – Dumelo

It would be recalled that in February this year, Agribusiness entrepreneur, John Dumelo, made a case for Ghana to venture into the legalization and production of marijuana-based products for economic purposes.

According to him, while Ghana operates casinos, allows for alcohol intake and cigarette usage, it is imperative for the country to critically look at legalizing the usage, production and export of marijuana-based products.

In a tweet, John Dumelo stated that Ghana, can rake in significant revenue from legal marijuana market and its associated products.

Ghana can make US$70 billion in 6 years after venturing in this business.

“Casinos, cigarettes, and alcohol are legal in Ghana but Marijuana is illegal. We spend millions of dollars importing alcohol and cigarettes yet we can make billions exporting marijuana-based products as a country. The legal marijuana market will be worth US$70 billion in 6 years,” John Dumelo wrote.

ESA/BOG