A new era for the legal export of cannabis resin from Morocco

Morocco recently took the historic step of exporting its first legal shipment of cannabis resin. While symbolic in financial terms, this export opens the door to significant economic opportunities and signals a profound transformation in Morocco's cannabis sector. Find out how this change could reshape various sectors and boost the national economy.

Legalization and first exports

In 2021, Morocco enacted a law authorizing the use of cannabis for medical, pharmaceutical and industrial purposes. Since then, Beldia, the famous Moroccan variety, has been legally cultivated. This legislation is a major attraction for local and international investors, given the enormous potential of the global medical cannabis market.

On April 9, two Moroccan cooperatives shipped three kilograms of cannabis resin. This landmark gesture represents more than just a commercial transaction; it heralds Morocco's arrival on the world stage as a legal supplier of cannabis.

Promising economic opportunities

According to Insight Partners, the value of the international medical cannabis market could exceed $50 billion by 2028. Morocco hopes to capitalize on this growth by capturing a significant share of the European market.

The Fédération Marocaine de l'Industrie Pharmaceutique forecasts annual revenues of between 4.2 and 6.3 billion dirhams if the country achieves a European market share of 10% to 15%.

Regulatory challenges and solutions

Despite attractive prospects, strict regulation of psychotropic substances remains a major obstacle. High requirements complicate market entry and the development of new products.

Moroccan players are optimistic, stressing Morocco' s commitment to meeting international standards for cultivation and manufacturing. The aim is to ensure the quality and safety of cannabis-derived products.

Economic impact and exit from the illegal market

Impact on the local economy

The development of the legal cannabis industry could transform a number of sectors, including medicine,aerospace,agri-food and textiles. These industries are already anticipating the economic benefits of this green revolution.

• Medicine: A wide range of cannabis-based treatments, including those for multiple sclerosis, cancer and epilepsy.
• Aerospace: Use of resistant and innovative plant-based materials.
• Food: Inclusion of hemp seeds and CBD in functional and wellness foods.
• Textiles: Sustainable fabrics made from hemp fibers.

Exit from the parallel economy

Regularization also diverts cannabis production and sales from the black market to legal channels, offering growers a more stable and secure income while reducing associated criminal activity.

See also: Cannabis, Industry, Laws, News

Paul Royer

CBD Expert EditorExpertise : CBD brand reviewer & product tester

Since 2019, I've been sharing my passion and in-depth knowledge on Miister CBD. My journey began with a personal quest for quality CBD products, leading me to discover numerous European and international shops and brands. I am not only an avid reader and researcher passionate about science and the latest technologies, but I also hold a degree in digital marketing. My regular attendance at conferences in Switzerland and cannabis-related events speaks to my commitment and expertise. My enjoyment in writing about innovations in the CBD sector aims to inform and educate, relying on a solid foundation of knowledge and a reliable reputation.