Connect with us

Diaspora Desk

Cannabis Now Legalized In Zambia For Medicinal Purpose

Published

on

Zambia has legalised the production and export of cannabis for economic and medicinal purposes.

The approval for the export of cannabis was granted at a special cabinet meeting, spokesperson for the government, Dora Siliya, said in a statement, SABC reports.

Read Also: Lawmaker, Shina Peller Steps Down As Manager Of Quilox Night Club

It was not clear from the statement if the use of cannabis for medicinal purposes in Zambia had been legalised.

The Southern African country joins a host of nations that have legalised or are considering legalising cannabis to some degree, as attitudes towards the drug slowly change and investments in its medical benefits grow.

Zambia’s motivation is rooted in a hefty fiscal deficit and growing debt burden.

Growth in external debt to $10.5bn at the end of 2018 from $8.74bn a year earlier has raised fears the country is headed for a debt crisis.

Zambia cut its 2019 growth forecast in September because bad weather had hit crop production and electricity generation while the International Monetary Fund has said growth is likely to remain subdued over the medium term.

Zambian opposition Green Party President, Peter Sinkamba, who has been advocating the export of cannabis since 2013, said the move could earn Zambia up to $36bn annually.

“Depending on how properly this is done, this could just change the face of Zambia’s economy,” Sinkamba told Reuters.




Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611




 

 


DISCLAIMER: Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers Of  EKO HOT BLOG

For publication of your News Contents, articles, Videos or any other News Worthy Materials, please send to [email protected]

For Advert and other info, you can call 08035617233 or send a WhatsApp Message to 08035617233.

Please drop your comments

Copyright © Ekohotblog

MGID