Ondo govt, firm to hold roundtable on legalisation of cannabis

The Ondo state government in conjunction with Culturepreneur Clusters Limited and other partners will on June 7 and 8, 2021 hold a stakeholders’ roundtable on the benefits and opportunities of cannabis plant and CBD Oil in Nigeria.

In a statement Monday in Abuja by the Senior Special Assistant to Ondo state governor on Agric and Agricultural Business, Mr. Akin Olotu, said the discussion will focus on research, legalisation, licensing, medical advantages, agro-economy advantages, empowerment, benefits of Internal Generated Revenues, Trade Exchange benefits.

He said the workshop is aimed at furthering legislation, scientific research and sensitization on the health, industrial benefits of cannabis and CBD oil as well as engaging stakeholders’ at all levels to leverage on the multi-faceted value chain of cannabis.

“The event is slated to hold at the Dome International Cultural and Event Center in Akure and will also seek to persuade relevant arms of government on the strict regulatory measures, licensing, economic benefits of industrial benefits of cannabis plants i.e bio gas/fuel, Health benefits of CDB Oil, as well as press for genuine win -win investors and promote reliable specialized production unit of the cannabis value chain and laboratory.

“Also to be highlighted are the advantages so far on the need to legalize cannabis owning to, its numerous health and economic benefits, and financial benefits of cannabis cultivation in Nigeria.”

The statement further said that “participants will be drawn from government institutions, experts and active stakeholders’ in the value chain or research towards medical and economic prospects of cannabis plant value chain and CBD oil.  The summit will endeavor to pitch stakeholders’ to support the research and legislation of cannabis in Nigeria, which will be a quick win for foreign  investment, industrialization, IGR/stock exchange, job creation, women and youth empowerment and networking, amongst others.”

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