--- title: Sri Lanka’s President Shifts to Pro-Market Cannabis description: Sri Lanka’s President Anura Kumara Dissanayake adopts pro-market reforms to stabilize the economy, focusing on energy tariffs and foreign investment. image: https://420intel.com/hubfs/jacalyn-beales-ofEJk_hr-Jg-unsplash.jpg --- [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) ### Press ESC to close [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) # Sri Lanka’s President Shifts to Pro-Market Cannabis - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 23 September 2025 Sri Lanka’s first left-leaning president has surprised many observers by embracing **pro-market reforms** during his first year in office. President Anura Kumara Dissanayake, who had campaigned on renegotiating the IMF bailout, is now implementing a series of bold steps to stabilise the economy. These **pro-market reforms** include raising energy tariffs, breaking up state monopolies and courting foreign investment. Government officials admit the **pro-market reforms** will be painful in the short term but argue they are essential to rebuild the nation after its 2022 economic collapse. More than 70% of Sri Lankans still struggle to afford basic food, but the finance ministry says reversing the IMF framework would have been catastrophic. Instead, the administration is doubling down on **pro-market reforms** to sustain the recovery. Energy policy is at the heart of the **pro-market reforms**. The government plans to split the Ceylon Electricity Board into six companies to improve efficiency. Ministers also aim to raise power tariffs gradually while allowing producers to invest in new generation and transmission lines. Such steps reflect the president’s conviction that **pro-market reforms** can balance public interest with investor returns.   The Board of Investment has approved nearly $100 million across six projects to grow cannabis for medical oil exports to the U.S. and Europe. This signals that **pro-market reforms** are opening new sectors. With a strong parliamentary majority, Dissanayake can push these **pro-market reforms** further than previous leaders. Whether the public will support deeper **pro-market reforms** remains an open question. Analysts say that political will must be matched by social consensus. Still, Sri Lanka’s leadership is betting that continued **pro-market reforms** will draw more investment, strengthen energy security and restore confidence in the economy.   [by Reuters](https://www.reuters.com/world/asia-pacific/crisis-cannabis-sri-lankas-president-surprises-with-pro-market-pivot-2025-09-23/) ![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=200&height=200&name=Buzz-No%20Outline-2.png) #### [Buzz](https://420intel.com/blog/author/buzz) At 420 Intel, we cover cannabis legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between. - - - [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) [![Auditor reports that Minnesota muni liquor store profits up, in part due to THC offerings](https://420intel.com/hs-fs/hubfs/AI-Generated%20Media/Images/The%20image%20depicts%20a%20bustling%20municipal%20liquor%20store%20in%20Minnesota%20brightly%20lit%20and%20inviting%20Shelves%20are%20stocked%20with%20an%20array%20of%20colorful%20THCinfused%20beverages%20and%20gummies%20prominently%20displayed%20in%20eyecatching%20packaging%20A%20diverse%20group%20of%20customers%20rang.jpeg?width=550&height=395&name=The%20image%20depicts%20a%20bustling%20municipal%20liquor%20store%20in%20Minnesota%20brightly%20lit%20and%20inviting%20Shelves%20are%20stocked%20with%20an%20array%20of%20colorful%20THCinfused%20beverages%20and%20gummies%20prominently%20displayed%20in%20eyecatching%20packaging%20A%20diverse%20group%20of%20customers%20rang.jpeg)](https://420intel.com/blog/auditor-reports-that-minnesota-muni-liquor-store-profits-up-in-part-due-to-thc-offerings) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 4 April 2025 #### [Auditor reports that Minnesota muni liquor store profits up, in part due to THC offerings](https://420intel.com/blog/auditor-reports-that-minnesota-muni-liquor-store-profits-up-in-part-due-to-thc-offerings) Minnesotans are high on newish hemp-derived products that hit liquor store shelves in 2023. [Cannabis Laws](https://420intel.com/blog/tag/cannabis-laws) [![Us Drugs Flooding Uk: Gangs Set For Huge Profits](https://420intel.com/hs-fs/hubfs/AI-Generated%20Media/Images/A%20dimly%20lit%20alley%20in%20East%20London%20where%20shadows%20loom%20over%20discarded%20cannabis%20packaging%20strewn%20across%20the%20ground%20Graffiticovered%20brick%20walls%20flank%20the%20narrow%20passage%20depicting%20vibrant%20murals%20of%20cannabis%20leaves%20and%20urban%20life%20In%20the%20foreground%20a%20group%20o-1.jpeg?width=550&height=395&name=A%20dimly%20lit%20alley%20in%20East%20London%20where%20shadows%20loom%20over%20discarded%20cannabis%20packaging%20strewn%20across%20the%20ground%20Graffiticovered%20brick%20walls%20flank%20the%20narrow%20passage%20depicting%20vibrant%20murals%20of%20cannabis%20leaves%20and%20urban%20life%20In%20the%20foreground%20a%20group%20o-1.jpeg)](https://420intel.com/blog/us-drugs-flooding-uk-gangs-set-for-huge-profits) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 12 May 2025 #### [Us Drugs Flooding Uk: Gangs Set For Huge Profits](https://420intel.com/blog/us-drugs-flooding-uk-gangs-set-for-huge-profits) Donald Trump regularly complains about the illegal drugs 'flooding' into the US from abroad, but... [Recreational Cannabis News](https://420intel.com/blog/tag/recreational-cannabis-news) [![Elton John Condemns Marijuana Legalization, but Doesn't Mention Prohibition's Harms](https://420intel.com/hs-fs/hubfs/Screenshot%202024-12-17%20at%208.37.03%20AM.png?width=550&height=395&name=Screenshot%202024-12-17%20at%208.37.03%20AM.png)](https://420intel.com/blog/elton-john-condemns-marijuana-legalization-but-doesnt-mention-prohibitions-harms) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 17 December 2024 #### [Elton John Condemns Marijuana Legalization, but Doesn't Mention Prohibition's Harms](https://420intel.com/blog/elton-john-condemns-marijuana-legalization-but-doesnt-mention-prohibitions-harms) In a sign that the times surely are changing, pop music icon Elton John came out against marijuana... - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/420intel) - [Follow us on Twitter](https://twitter.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) Back to Top ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Buzz", "url" : "https://420intel.com/blog/author/buzz" }, "dateModified" : "2025-09-23T14:01:36.785Z", "datePublished" : "2025-09-23T11:19:45.000Z", "headline" : "Sri Lanka’s President Shifts to Pro-Market Cannabis", "image" : [ "https://420intel.com/hubfs/jacalyn-beales-ofEJk_hr-Jg-unsplash.jpg" ], "mainEntityOfPage" : { "@id" : "https://420intel.com/blog/sri-lankas-president-shifts-to-pro-market-cannabis", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://420intel.com/hubfs/Asset%2016.png" }, "name" : "420 Intel" } } ```