Pakistan sets cannabis rules, eyes sales to help balance books

Country hopes trade in drug for medical and industrial uses will boost coffers

20240404 general image of cannabis

Pakistan is setting up a cannabis regulatory body as it hopes that trade in the drug for medical and industrial purposes will help to improve its finances. (File photo by Ken Kobayashi)

MIFRAH HAQ, Contributing writer

KARACHI -- Pakistan is establishing a legal framework for cannabis trade after the government approved the herb for industrial uses nearly four years ago, hoping to capitalize on the booming market to increase its foreign exchange reserves.

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