City
Epaper

Taliban signs deal with Australian company, may legalize 'cannabis processing'

By ANI | Updated: November 25, 2021 14:54 IST

The Taliban signed a USD 450,000,000 deal with Australian company Cpharm in the cannabis processing industry in Afghanistan that may lead to the legalized drug trade by the Islamic Emirate.

Open in App

The Taliban signed a USD 450,000,000 deal with Australian company Cpharm in the cannabis processing industry in Afghanistan that may lead to the legalized drug trade by the Islamic Emirate.

Qari Saeed Khosty, Taliban spokesperson for the Interior Ministry said that the deal has been finalized and its work may start within days, reported Khaama Press.

The company will use process cannabis for medical purposes and will be provided with thousands of acres of land of cannabis, Khosty said.

The cannabis production and processing will be legally contracted with Cpharm, he added.

Meanwhile, Cpharma rejected any kind of involvement in the cannabis deal with the Taliban, the company said in a press release.

"We have become aware overnight of numerous media articles stating that Cpharm in Australia has been involved in a deal with the Taliban to be involved in the supply of cannabis in a cream. We have been contacted today by numerous media outlets around the world regarding this," Cpharma said in a statement.

The company further added that they do not manufacture or supply anything, reported Khaama Press.

"We provide a medical advice service to the pharmaceutical industry within Australia. We have no products on the ARTG. We have no connection with cannabis or the Taliban. We have no idea where the Taliban media release has come from and want to assure everyone that it should not be connected to Cpharm Pty Ltd Australia," the company added in a media advisory statement.

This comes as the Taliban had earlier committed to crack down on cannabis and opium processing in Afghanistan and will not allow formers to get engaged in the drug production business, reported Khaama Press.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CpharmTalibanTalibansTaliban movementProminent taliban
Open in App

Related Stories

InternationalKhyber Pakhtunkhwa Attack: 33 killed 14 injured as militants ambush vehicles in Pakistan; Disturbing Visuals Emerges

CricketTaliban Thanks India for Its Support as Afghanistan Reaches T20 World Cup 2024 Semifinals

InternationalPakistan: Deports Over 800 Afghan Refugees via Torkham and Spin Boldak Crossing

OpinionsWhat if Taliban takes over Pak?

InternationalWomen, girls deserve full access to education: US envoy Thomas West on Taliban ban

International Realted Stories

InternationalWhat we saw in Kashmir is unacceptable, Pakistan needs to deal with terror activities: Israel's diplomat

InternationalCanadians vote in vital elections under Trump’s shadow

InternationalSouth Africa records eight per cent increase in cross-border travellers during Easter

InternationalSpain, Portugal hit by major power outage

International"Unsecured border on purpose": US Border Czar slams Biden over border security