Zambia legalises Marijuana growth for exports and for medical purposes only.
The Zambian government has finally approved a controversial proposal to legalize the production of Marijuana in the country.
However, the production of Marijuana in Zambia will be restricted to exports and used in the country for medical purposes only.
Companies who wish to trade in the uluwangula in Zambia will be charged US$250,000 in annual license fees.
Only successful bidders will be issued with tbe commercial licenses needed to grow and trade in marijuana for exports. The licenses will be issued by the Zambian Ministry of Health while the growth of the crop will be strictly supervised by the Zambia National Service.
This move was greatly approved during last Wednesday’s cabinet meeting at State House.
“It appears this whole process was backed by some rich organizations and companies who have been promised licenses that is why there was jostling about where the responsibility to administer this would sit, finally a vote was taken and the Ministry of Health won.”
Marijuana and Africa
Accordingto reports, Africa’s legal cannabis industry could be worth more than $7.1 billion annually by the year 2023 if appropriate legislation is introduced in some of the continent’s major markets. This research was made by The African Cannabis Report, the first detailed report on the legal cannabis industry in Africa.
Amazingly, African cannabis industries have great potential but cannabis remains illegal throughout Africa except for in Lesotho.