Ghanaian entrepreneur and agribusiness advocate Nana Kwaku Agyemang has raised concerns over the high cost of entering Ghana’s emerging cannabis industry, warning that proposed licensing fees could sideline local farmers.
Speaking on iKulcha TV and Radio Kulcha with host Kwesi E Baako, Agyemang said the current structure of licensing fees makes it “extremely difficult” for ordinary Ghanaian farmers to participate in the legal cannabis market.
According to him, while the legalization framework was intended to create economic opportunities and boost agricultural diversification, the high financial requirements risk limiting participation to only large corporations and foreign investors.
Agyemang stated during the interview. He emphasized that smallholder farmers, who form the backbone of Ghana’s agricultural sector, may be excluded unless the government revisits the cost structure.
Ghana is set to legalize cannabis cultivation for industrial and medicinal purposes under regulated conditions, aiming to tap into the growing global market. However, industry observers say accessibility and affordability remain key challenges.
Agyemang urged policymakers to consider more inclusive measures, such as reduced fees, cooperative licensing models, or financial support schemes, to ensure local farmers can benefit from the new industry.
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