Uganda: Companies Will Have To Invest $US5 Million Minimum To Grow Medical Cannabis

Uganda: Companies Will Have To Invest $US5 Million Minimum To Grow Medical Cannabis

Here’s the full report…….KAMPALA – The Minister of Health, Dr Jane Ruth Aceng, has drafted 15 stringent guidelines that companies seeking to grow marijuana for medical purposes must follow. According to a draft copy of the guidelines seen by this website, individuals and companies seeking to grow or export marijuana for medical purposes will be required to present minimum capital of $5m (about Shs18.3 billion) and a bank guarantee of Shs4 billion. The government will want all investors to present tax clearance certificates from the Uganda Revenue Authority, valid trading license, evidence of value addition to cannabis and audited accounts, among…

Excerpt only …
READ MORE BELOW
Source : CANNANNEW REPORT
Link to original : Uganda: Companies Will Have To Invest $US5 Million Minimum To Grow Medical Cannabis
reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.