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Sri Lanka's President Signals Shift Toward Cannabis Legalization

Source: From crisis to cannabis: Sri Lanka’s president surprises with pro-market pivot (2025-09-23)

Sri Lanka's President Ranil Wickremesinghe has unexpectedly indicated a move toward legalizing cannabis, marking a significant policy shift amid ongoing economic challenges. The president's comments suggest a potential new avenue for economic growth, as the country seeks to boost revenue through the regulated cannabis market, which could include cultivation and export opportunities. This surprising stance has garnered mixed reactions domestically, with some officials and citizens supporting the economic prospects, while others express concerns over social and health implications. The government is now considering regulatory frameworks to oversee cannabis production, signaling a possible transformation in the country's approach to drug policy and economic development.

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