Ondo set to venture in marijuana cultivation

Governor Rotimi Akeredolu of Ondo State, on Tuesday, said the state was set to focus on marijuana cultivation as a venture.

This, Akeredolu said, had become expedient owing to the huge deposits of cannabis cultivation in the state and prospects of amassing an estimated value of $145billion by 2025.

Contained in a series of tweets on his handle, @RotimiAkeredolu, he added that developing the weed industry also offered the country opportunities for job creation and economic diversification.

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“We all know that Ondo State is the hot bed of cannabis cultivation in Nigeria. We know how to grow it and it thrives well in the Sunshine State.

“With an estimated value of $145 Billion in 2025, we would be shortchanging ourselves if we failed to tap into the Legal Marijuana Market.

“Our focus now is Medical Marijuana cultivation in controlled plantations under the full supervision of the NDLEA.

“I strongly implore the FG to take this seriously as it is a thriving industry that will create 1000’s of Jobs for our youth & spur Economic Diversification,” Akeredolu tweeted.