Georgia’s Finance Minister, Ivane Machavariani, has said that if the government implements the marijuana cultivation reform for export purposes, in the near future Georgia can expect to see at least GEL 1 billion in profit.
The Minister made the statement during an interview with Imedi TV, noting that Georgia could be a “significant player on this market,” as it is connected to new technologies.
“From year to year, the production of cannabis is growing rapidly and according to various forecasts, in 2024-2025, it will reach around $25 billion,” he said.
