News:2025-08-13/Policy/sri-lanka-approves-first-ever-legal-cannabis-cultivation-for-export

News record13 August 2025Policy

Sri Lanka approves first-ever legal cannabis cultivation for export

Sri Lanka granted approval to seven foreign investors, selected from 37 applicants, to legally cultivate cannabis for pharmaceutical export under a Board of Investment project. Each investor holds a six-month temporary licence, must deposit $2 million with the Central Bank, and commit a minimum $5 million investment. Cultivation will take place on 64 acres in Mirigama under STF and police security. No part of the plant may enter the domestic market. The initiative aims to boost foreign exchange earnings.

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More news from Sri Lanka

• 15 Sep 2026Police find two abandoned bags holding 60 packets of kush cannabis at Bandaranaike International Airport
• 12 Sep 2026Customs arrest a passenger at Bandaranaike International Airport with 668 g of kush cannabis from Bangkok
• 9 Sep 2026Two women arrested at Bandaranaike International Airport with 5.372 kg of Kush cannabis from Bangkok
• 30 Aug 2026STF arrests a man transporting over 2 kg of Kush cannabis at Hokandara
• 9 Mar 2026Suspect arrested in raid on two-acre cannabis cultivation in Kebilihtha Reserve
• 2 Mar 2026Police seize cannabis and firearm in Yala

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Date13 Aug 2025

CategoryPolicy

CountrySri Lanka

State / provinceWestern Province

District / areaGampaha District

LocalityMirigama

Coordinates7.23, 80.12

Coordinates are approximate.

Source report

2025-08-13 Policy Sri Lanka approves first-ever legal cannabis cultivation for export Sri Lanka granted approval to seven foreign investors, selected from 37 applicants, to legally cultivate cannabis for pharmaceutical export under a Board of Investment project. Each investor holds a six-month temporary licence, must deposit $2 million with the Central Bank, and commit a minimum $5 million investment. Cultivation will take place on 64 acres in Mirigama under STF and police security. No part of the plant may enter the domestic market. The initiative aims to boost foreign exchange earnings. https://www.themorning.lk/articles/Kgody85OjqSyffMawSyg Sri Lanka Western Province Gampaha District Mirigama