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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 suggested that the government is considering a regulated market for cannabis, aiming to boost revenue and support farmers, which contrasts with previous strict prohibition policies. The announcement has sparked mixed reactions domestically, with some welcoming the potential economic benefits and others expressing concern over social implications. The move reflects broader efforts to diversify Sri Lanka's economy and address fiscal deficits, though critics warn of possible increases in drug misuse and related issues.

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