Is CBD Oil Legal In Sri Lanka?
CBD’s popularity has exploded in the past few years, and with good reason: It is now used by millions of people across the world, and there is some scientific evidence which allegedly indicates that it has the potential to help its users address a variety of emotional and physical problems.
The compound’s growing popularity has helped to fuel an industry boom: According some estimates, the CBD industry is expected to generate $1 billion by 2020 before growing exponentially to $20 billion by 2024. Even those explosive estimates may be too conservative: Another study shows that CBD is set to generate $22 billion by 2022.
This growth has come with legal changes, as more and more governments across the world amend their laws pertaining to CBD. One such nation is Sri Lanka, located in southeast Asia.
While both hemp and marijuana come from the cannabis family, they are very different. Legal CBD has either zero or trace amounts of THC (tetrahydrocannabinol, the chemical in marijuana associated with intoxication).
Is CBD Oil Allowed In Sri Lanka?
Yes, CBD is legal in Sri Lanka, a country with a long history of marijuana and hemp use. While recreational cannabis has been illegal since 1935, the country’s cannabis laws have been amended multiple times in order to allow for medical practitioners to purchase cannabis. Laws which made cannabis illegal have been amended to explicitly allow for the manufacturing and preparation of hemp and related products.
Indeed, there are numerous CBD shops in Sri Lanka, many of which advertise their presence on social media. Other businesses have sent out press releases, touting their expansion of CBD goods into Sri Lanka.
Medical And Recreational Marijuana In Sri Lanka
Historically speaking, Sri Lanka has been a nation which has produced hemp. Their history with marijuana legalization dates back to 1961 and 1962, when their government passed The Ayurveda Act, which allowed for Ayurvedic physicians to purchase both cannabis and opium. As such, hemp is explicitly allowed to be used and manufactured in the country.
Cannabis legislation was explicitly amended in 2008 and 2013 to allow for the use of marijuana for medicinal purposes.
In 2017, the country announced that they would create a 400 hecta-acre farm for the purpose of growing marijuana to be used in the country for Ayurvedic practitioners, with the eventual goal being to export the marijuana to other countries, including the United States.
However, recreational marijuana is illegal on the island, and has been since 1935.