Zimbabwe sets aside 10 million $ for its cannabis production plant
At least $10 million has been set aside for the construction of the very first medical cannabis production facility in Mazowe, Zimbabwe, according to local sources.
The plant will be operated by NIRCAN ZW Ltd, a subsidiary of the British group NIRCOM A.S.I.G, which has already applied to the Zimbabwean government for a license to cultivate and export medical cannabis. Exports will depart from Robert Gabriel Mugabe International Airport.
The issuance of the license will lead to the establishment of the Center for Culture and Medical Cannabis in Mazowe. Of the $10 million allocated for the project, $4 million will be dedicated to building a 5-hectare facility, in addition to outdoor cultivation facilities.
The remainder will be allocated to the company's working capital.
The Zimbabwe legalized it earlier this year the production, processing, and export of cannabis for scientific and medical purposes. Recreational use remains prohibited.
What if CBD enhanced the effects of THC? A comprehensive analysis challenges a common misconception
Medical cannabis: A U.S. study finds a 6.9% reduction in absences from work
Andorra Paves the Way for Medical Cannabis Cultivation
Aurora Rejects Curaleaf's Hostile Bid and Opens the Door to Other Suitors
Cannabis in Quebec: The 21-Year-Old Age Requirement in the Spotlight
Drought: Could Hemp Become the New Hope for French Farmers?
United States: Congress Rejects Ban on THC Derived from Hemp
Quick Hit August 2026: What We Missed in Recent Weeks
U.S. Congress Comes to the Rescue of THC-Infused Beverages
New York Opens Its Farmers' Markets to Small-Scale Cannabis Producers
-
Business3 weeks agoNew York Opens Its Farmers' Markets to Small-Scale Cannabis Producers
-
Cannabis in Africa3 weeks agoRwanda: A New License Revives the Country's Ambitions in Medical Cannabis
-
Cannabis in India3 weeks agoIndia Approves a Synthetic CBD Drug for Anxiety
-
Cannabis in Europe4 weeks agoThe EU Simplifies Regulations Governing Hemp Cultivation
-
Cannabis in the U.S.3 weeks agoU.S. Congress Comes to the Rescue of THC-Infused Beverages
-
Business4 weeks agoCuraleaf Announces a Takeover Bid for Aurora Cannabis
-
Cannabis in Europe1 day agoAndorra Paves the Way for Medical Cannabis Cultivation
-
Cannabis in France2 days agoDrought: Could Hemp Become the New Hope for French Farmers?
You must be logged in to post a comment Login