The licensing of companies interested in the country's emerging cannabis industry is expected to start by the end of the year, if parliament approves charges and fees for the industry currently before the house.

The Narcotic Control Commission (NACOC) said that was the last hurdle left for the country to officially start leveraging its cannabis resource for medicinal and industrial purpose, four years after the law for the industry was passed.

The Head of the Cannabis Regulation Department of the NACOC, Dr Basha Ligbi, made this known at a breakfast meeting on Ghana's Cannabis Industry organised by the Israeli Embassy in Accra yesterday.

Facilitated by the Israeli Economic and Trade Mission to Ghana and the Chamber of Cannabis Industry Ghana (CCIG), it was meant to foster partnerships between industry players in both countries.