The Ghana Commodity Exchange (GCX) and the Chamber of Cannabis Industry Ghana have formalized a partnership to create a regulated, transparent marketplace for the country’s cannabis sector, aiming to support industrial and medicinal cultivation.
The Memorandum of Understanding (MoU) seeks to shift the industry from legal permissibility to structured commercial operations. The collaboration will leverage GCX’s electronic trading platform to provide producers with fair market access, price discovery, and compliance oversight.
According to GCX CEO, Evelyn Abakah, the initiative is a critical step toward building an export-ready cannabis industry aligned with Ghana’s broader economic transformation goals. “Investors will gain confidence in a rules-based trading environment, while regulators will benefit from enhanced data visibility,” she noted.
Dr. Mark Darko described the MoU as a milestone signaling the transition from debate to practical, regulated industry development. Counsel for the Chamber, Dickson Tweneboa-Kodua, added that institutional support is essential to building a serious, law-backed industry.
The agreement is expected to strengthen the cannabis value chain, attract responsible investment, generate employment, and contribute to Ghana’s non-traditional export strategy. Legal reforms in 2020 permit cultivation of low-THC cannabis varieties (not exceeding 0.3% THC), with licenses now open across multiple areas of the value chain, including cultivation, processing, research, transport, and export.
This partnership marks a significant move toward professionalising Ghana’s cannabis sector, promoting integrity, traceability, and global competitiveness.
