Zimbabwe Offers 100% Farm Ownership to Marijuana Growers
The Health Ministry has announced that all local and foreign investors venturing into the production of marijuana will be offered 100% ownership of their farms and licences to improve competitiveness. In 2018, the Zimbabwean government approved the production of cannabis for medicinal purposes. After setting high licence fees for those wishing to farm, in 2019 it announced that 37 local and private investors had shown interest in cannabis farming.
Minister of Finance and Economic Development Mthuli Ncube has backed calls for Zimbabwe to grow cannabis for export to take advantage of the growing global legal marijuana market. ... Read more »
After receiving an influx of applications from more than 200 foreign and local investors, the government has approved 37 of them. Zimbabwe has become the second African country to ... Read more »
While the fight for the medical use of cannabis in South Africa continues, neighbours Zimbabwe has become the second African country to legalize the growing of marijuana for ... Read more »
Africa's share of the global marijuana market - both legal and illicit - stands at around 11% and is valued at U.S.$ 37.7 billion. Leading the pack is Nigeria with an earning ... Read more »