Zimbabwe, its progress in terms of legislation
This is a first for the African continent, Zimbabwe decided to legalize the use of cannabis for purely therapeutic purposes in April 2018. Subsequently, a decree issued by the Minister of Health in the Official Journal declares the legalization of the production of marijuana for medical or scientific purposes in its territory.
Zimbabwean Deputy Minister of Agriculture, Vangelis Haritatos, has announced the awarding of 37 licenses to operate cannabis in the country. These licenses granted by the government are reserved for foreign investors. It is available for $50,000. To this extent, the cannabis produced must be intended only for the production of medicines, beneficial against pathologies such as nausea and vomiting caused by cancer or neurological pain.
Licenses shall be valid for a period of 12 months, renewable on their expiry date. In the months leading up to this decision, more than 200 foreign and local companies highlighted their desire to produce cannabis. The cabinet approved 37 of them and they were given the famous license. This represents an opportunity for progress and investment for this African country.
The government, really keen to create a medical cannabis line on its soil, decided to temper the rules put in place. In fact, licensed cannabiculters may own the entire holding. In addition, a farmer will have the benefit of choosing the part of the territory he wants to exploit, between the banks of the Zambezi River to the Limpopo.
These different terms allow the opening of a “government-friendly investor-friendly policy to attract capital and compete” according to the head of the Zimbabwe development agency.
The country has set a revenue target of $1.25 billion through the sale of cannabis. On the other hand, the plant represents a real exit for the population facing inflation of 300% in 2019 which caused the fall of the Zimbabwean dollar now worth almost nothing. Farmers are therefore entitled to keep their profits in the form of US dollars for 2 to 4 years.
However, the government remains adamant about the illicit trafficking of the substance. There, 1 joint = 12 years. Any use, sale, or transport of cannabis is punishable by 12 years in prison. Any cannabis produced in a context other than licensing is considered illegal and punishable.