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Africa Subsaharan
Zimbabwe: Finance Minister Ncube Open to Cannabis Exports As Zimbabwe Battles Forex Crunch
2019-01-16
[All Africa] Finance minister Mthuli Ncube has backed calls for Zim-bob-we to grow cannabis for export to take advantage of the growing global legal marijuana market.

Legal marijuana has started gaining traction worldwide due to very high demand among consumers and increasing legalization of recreational or medical marijuana in various countries.

Zim-bob-we has, for years, struggled with serious foreign currency shortages which have lately manifested in acute fuel shortages.

Minister Ncube was asked for his views on growing cannabis as an export product during a so-called Road to Davos town hall meeting in Harare.

"On the cannabis issue I agree with you it's a great opportunity we should move faster in giving licenses," Prof Ncube said last Friday.

"So, I will convey this to my (cabinet) counterparts in Agriculture and Health as well to make sure that we can issue those licenses to entrepreneurs to invite other partners and we get on with it.

Recently, Canada legalised cannabis entirely, which has now led many other countries around the world to consider either recreational or medical legalisation.

Argentina
...a country located on the other side of the Deep South. It is covered with Pampers and inhabited by Grouchos, who dance the Tangle. They used to have some islands called the Malvinas located where the Falklands are now. They're not supposed to cry for Evita...
and Australia are amongst some of the recent countries to legalise medical cannabis, while European nations like the Netherlands and Italia are beginning to explore their options within the medical market.

A Canadian firm has since approached the Harare government with a proposal to produce the cannabis in the planned economic zones in a development that could earn the country about $100 million dollars annually.

Posted by:Fred

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