Connect with us

Hi, what are you looking for?

Thursday, Oct 30, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.
Lebanon legalizes medical cannabis to stimulate struggling economy
Lebanon legalizes medical cannabis to stimulate struggling economy
Lebanese officials hold meeting about the medical and industrial use of local cannabis earlier this month. Photo credit: Douaa B. -- Ministry of Agriculture Lebanon

Cannabis

Lebanon starts implementing medical cannabis legalization framework

The Middle Eastern nation expects a US$1B annual boost to the state treasury

Lebanon has become the latest country to begin implementing a medical cannabis framework as border clashes with the Israeli army continue and financial challenges persist.

The goal is to aid a struggling economy and deal a blow to the state’s illicit industry, as is generally the case with legalization measures.

According to McKinsey International Consulting, as cited in a report from Al Jazeera published on Oct. 27, legal cannabis farming and subsequent sales to local and international pharmaceutical companies are expected to contribute up to US$1 billion per annum to the state’s coffers.

“The government decision ends decades of security pursuit of farmers of this plant who operated in secrecy,” Al Jazeera stated this week.

There are thousands of hectares of cannabis crops in the foothills of Hermel, Bekaa Valley and elsewhere that have provided livelihood for residents for years despite being illegal. These cultivators say that they have had no other choice than to commit a crime. Now, they could gain access to legitimate sales channels rather than having to distribute illegally like in previous years.

A special regulatory body has been established by the government to manage sales and reduce the country’s budget deficit.

“Lebanon is at a turning point for its cannabis sector,” said Mohamed Mroueh, a professor from the Lebanese American University in Beirut, last week.

“With the Regulatory Authority now in place, this season presents an opportunity to bring farmers into the legal framework and bridge the gap between traditional illicit cultivation and a fully legal and regulated, evidence-based medicinal cannabis industry,” he added.

Lebanon originally passed legislation to legalize medical cannabis in 2020 but the framework’s implementation had been stalled until now. Recent economic concerns have made forwarding the process become more imperative. The country’s Cannabis Cultivation Management Committee has now officially started its work under the law.

In 2019, a report put together by the United Nations Office on Drugs and Crime found that Lebanon was the world’s third largest producer of cannabis resin products. Morocco and Afghanistan are the leading countries and Pakistan is fourth.

“The cannabis resin from those countries is principally used to supply markets in the Near and Middle East and South-West Asia,” the assessment specified. 

Read more: Spain takes historic step toward legalizing medical cannabis

 

Follow Mugglehead on X

Like Mugglehead on Facebook

Follow Rowan Dunne on X

Follow Rowan Dunne on LinkedIn

rowan@mugglehead.com

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Cannabis

'Züri-Can' has had over 2,300 participants since its 2023 launch

Cannabis

Marijuana has been outpacing gambling in the province too

AI and Autonomy

The Saskatchewan facility, formerly owned by Aurora Cannabis, was one of Canada's 1st to receive a license

Cannabis

Personal usage of marijuana was decriminalized in Spain many years ago, but the move is still significant