Strategy Note /
Morocco

Morocco marijuana: Legalising a growth sector

  • The marijuana law has been approved in the lower house of Parliament; next steps are upper house and King's approval

  • Long term, industrial marijuana exports could make a material contribution to exports and fiscal revenues

  • Short term, this exposes a split in the largest parliamentary party (the Islamist PJD) prior to elections in September

Morocco marijuana: Legalising a growth sector
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
27 May 2021
Published byTellimer Research

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