The rise to 3,371 cannabis cultivation licenses handed out in Morocco in 2024 has prompted farmers and activists to call for legalizing recreational and traditional consumption to tackle the surplus and lack of demand caused by insufficient investors in processing industries.
Farmers and activists interviewed by Hespress explained that many are struggling to sell their crops because of the scarcity of processing companies, deterring others from participating in the legalization process altogether.
The imbalance between the abundant supply and limited demand has resulted in prices plummeting to as low as 80 dirhams per kilogram, making it difficult for farmers to earn a decent income from their crops.
"In the current situation, the number of investors is very low and insufficient to meet demand, so many cannabis farmers have not sold their harvests yet because of this issue," Farid Ahithour, president of the "Tizi Ifri Coop" cooperative in the Rif region of Al-Hoceima.
Read more at Hespress English