Zimbabwe gives licences to 57 dagga producers as it eyes export market

accreditation
0:00
play article
Subscribers can listen to this article
Zimbabwe has licensed 57 foreign and local entities to grow medicinal cannabis
Zimbabwe has licensed 57 foreign and local entities to grow medicinal cannabis
Getty Images

Zimbabwe has licensed 57 foreign and local entities to grow medicinal cannabis in the southern African nation, the country’s investment agency said.

“We have licensed 57 investors for medicinal cannabis production from Germany, Switzerland, Canada and as well some local players,” Zimbabwe Investment and Development Agency said in a statement on Sunday. “Companies have been licensed for cultivation and processing of medicinal cannabis and they own 100% of their investment.”

ZIDA said production has begun at some of the licensed farms which are spread across the country, and the Ministry of Lands is working with the agency, as well as the Medicines Control Authority of Zimbabwe to ensure that the quality of the seeds imported meet regulatory requirements.

According to Treasury, sales of cannabis are forecast to reach $1.25 billion this year. Zimbabwe legalised medicinal cannabis production in 2018, but it hasn’t begun any exports. 

--With assistance from Adelaide Changole.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
15.85
+0.1%
Rand - Pound
19.76
+0.1%
Rand - Euro
16.73
+0.3%
Rand - Aus dollar
11.18
+0.0%
Rand - Yen
0.12
+0.2%
Gold
1,843.78
+0.1%
Silver
21.93
+0.1%
Palladium
2,016.50
+0.4%
Platinum
966.00
-0.1%
Brent Crude
112.04
+2.6%
Top 40
61,690
-0.1%
All Share
68,301
+0.1%
Resource 10
72,931
+2.2%
Industrial 25
74,321
-2.0%
Financial 15
15,851
+0.8%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot