NACOC nears approval of cannabis licences as Ghana seeks regulated industry growth
The Narcotics Control Commission (NACOC) has indicated that it is in the final stages of reviewing applications for cannabis licences, with successful applicants expected to receive approval to begin operations soon.
Deputy Director-General for Enforcement, Control, and Elimination, Alexander Twum-Barimah, made the disclosure while speaking at the Kwahu Business Forum last Saturday.
He said the review process has been “thorough and deliberate” to ensure that only applicants meeting all legal, regulatory, and security requirements are granted licences under Ghana’s cannabis framework.
“We are carefully reviewing all applications submitted under the various licence categories. Those who fully satisfy the criteria will soon be issued their licences to begin operations,” Mr Twum-Barimah said.
He noted that NACOC is committed to developing a properly regulated cannabis industry that complies with national laws while creating legitimate economic opportunities.
During the forum, Mr Twum-Barimah visited NACOC’s exhibition stand, engaging with potential investors and stakeholders.
Officials from the commission’s Cannabis Regulation Department provided detailed information on licence categories, covering cultivation, processing, distribution, and export. They stressed the importance of strict compliance with regulatory standards.
Participants welcomed the move, highlighting that transparency and continuous engagement are key to building trust in the sector.
Several investors expressed interest in exploring opportunities in legal cannabis, citing its potential for job creation and economic growth.
Mr Twum-Barimah emphasised that strict controls will remain in place to prevent misuse and illegal activities.
“The goal is to strike a balance between enabling economic development and safeguarding public health and security,” he said, adding that all licence holders will be subject to ongoing monitoring and compliance checks.
The development marks a significant step in Ghana’s evolving cannabis policy as authorities work to harness the sector’s economic potential while maintaining firm regulatory oversight.
NACOC assured stakeholders that further updates will be provided as the licensing process progresses.
Source: classfmonline.com
Trending Business

TOR MD calls for Sub-Saharan crude oil benchmark to stabilise fuel prices
15:01
Ginger sellers in Sunyani call for gov't intervention over soaring prices
03:21
Transport operators slam NRSA over Toyota Voxy ban
21:02
Bank of Ghana announces revised list of primary dealers and bond market specialists
17:48
Global crude oil prices drop sharply
15:19
Zoomlion, Geo Pomona seal deal to transform Zimbabwe’s waste sector
13:49
EBID Board Chair urges member states to meet outstanding financial commitments
11:22
NPA, COMAC launch Safety Week 2026 to promote risk management in petroleum sector
02:35
NPA to enforce stricter registration rules for petroleum tankers
02:29
NPA to enforce stricter registration rules for petroleum tankers to boost road safety
02:50


