Legal & Regulatory

Production of cannabis in Zambia has been approved

Zambia has legalized cannabis production and exportation to boost its economy. The government said that its production will be for medicinal purposes only, without plans for recreational production. The country is currently in a weak economic state and battling with debts. Still, experts believe that the legalization and exportation of cannabis will help the country generate economic funding.

The government has approved the production of cannabis in Zambia. The country in the southern part of Africa has advanced the legalization of cannabis in order to improve the economic situation through the production and export of the plant.

Experts had held out the prospect that a cannabis industry in Zambia could help the ailing economy back on its feet. However, the government announced that production should only be for medical purposes and legal production of cannabis for recreational use is not planned.

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Production of cannabis in Zambia to improve its economy

In many places in the world, governments, parliaments, and courts are dealing with the legalization of cannabis. The reasons for this are very different depending on where you look. In Mexico, the focus is certainly on weakening the cartels that have been inflicting violence and terror on the country for years.

In many states in the U.S., legalization was brought about by referendums signaling that motives of civil rights and decriminalization may have played a major role there. In poorer countries, on the other hand, the reforms are economically motivated, including Zambia.

Zambia is in a precarious economic situation. On the one hand, the nation is burdened with immense debts of more than $10 billion, and on the other hand, it is one of the world’s worst performers in terms of living standards and prosperity.

Growing cannabis in Zambia could bring the country billions

Other countries in Africa, which are in economically bad shape, could profit from cannabis in Zambia and by implementing a national cannabis industry.

Zambia’s opposition leader, Peter Sinkamba, recently said that the cannabis industry could bring the country an annual gain of about $36 billion.

Located in southern Africa, Zambia seeks to build a cannabis industry that competes in the world market. (Source)

Zambia now joins a host of countries around the world that legalized cannabis, especially for its medical benefits. These countries include Canada, Georgia, South Africa, Uruguay, Argentina, Australia, Italy, and Jamaica amongst others.

According to statements by the Minister of Information and Broadcasting Services, Dora Siliva, who is also Zambia’s government spokeswoman, licenses for the export of cannabis were already granted at a special session of the cabinet at the beginning of December last year.

The cannabis industry in Africa could grow quickly

The government has now instructed the Ministry of Health to coordinate licenses, while a team of various ministers is to draw up binding guidelines for the production and export of cannabis in Zambia.

In most African countries, cannabis is still illegal. South Africa and Lesotho are the exceptions so far. As this could change quickly, the country is well-advised to build up an industry for cannabis in Zambia so that it can maintain a lead over other nations.

Due to climatic conditions, cannabis can be grown year-round in large parts of Africa with little effort. This and the low wages give some countries a clear competitive advantage if the political and legal framework is created.

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(Featured image by Jossuha Théophile via Unsplash)

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First published in Hanf Magazin, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Hemp.im assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Hemp.im is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Anthony Donaghue

Anthony Donaghue writes about science and technology. Keeping abreast of the latest tech developments in various sectors, he has a keen interest on startups, especially inside and outside of Silicon Valley. From time to time, he also covers agritech and biotech, as well as consumer electronics, IT, AI, and fintech, among others. He has also written about IPOs, cannabis, and investing.

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