Cashing in: Why legalization of cannabis is actually beneficial to the Nepalese economy

Cannabis Farming Regulation and Management Bill, registered in the House of Representatives, is set to regulate and promote the cultivation, buying and selling of cannabis in Nepal. This will repeal the existing law endorsed in the Narcotic Drugs (Control) Act, 2033 which enlisted cannabis as a narcotic drug [Section 3 (a) (1)] and prohibited the cultivation, production, preparation, purchase, distribution, export or import, storage or consumption of cannabis [Section 4 (a)]. Continue reading..