Turkey Hoping To Cash In On The Cannabis Cow

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Source – https://www.jpost.com/International/Turkey-hoping-to-cash-in-on-the-cannabis-cow-580977

It looks as if Israel won’t be the only Middle Eastern country cashing in on the expected-to-be-lucrative cannabis industry.

It looks as if Israel won’t be the only Middle Eastern country cashing in on the expected-to-be-lucrative cannabis industry.

Turkey has decided to make cannabis growth and production a key component of its economic plan, according to a recent report by the Spanish-language daily El País.

The cultivation of cannabis in Turkey had practically deteriorated in recent decades due to anti-narcotics regulations. But now, President Recep Tayyip Erdogan said he intends to restart and even stimulate its production for industrial use.

Erdogan made the announcement in a speech on January 9.

According to the El Pais report, the plan for developing the cannabis industry includes authorizing its cultivation through pilot programs in 20 provinces.

“We will expand commercial licenses according to the demand we see,” said Turkish economist Bekir Pakdemirli.

He noted that there is a joint research project between the Black Sea Agricultural Research Institute and the Scientific and Technological Research Council of Turkey, which, once concluded, will be shared with the cannabis producers and anyone else involved in the sector.

The president blamed “Western imperialists” for diminishing what was once a lucrative Turkish cannabis market.

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