GOVERNMENT has approved 37 investors who have shown interest to produce cannabis (mbanje or dagga) for medicinal or scientific purposes.
This follows last year’s decision by Government to legalise cannabis production.

Lands, Agriculture, Water, Climate and Rural Resettlement Deputy Minister Vangelis Haritatos said Government was overwhelmed by applications after more than 200 foreign and local investors showed interest to venture into production of cannabis in the country.

The Deputy Minister said this while addressing chief executives at the 6th Africa Round Table forum recently.
He said Government is now working on licensing the selected investors in line with Statutory Instrument 62 of 2018 (Dangerous Drugs – Production of Cannabis for Medicinal and Scientific use Regulations).

“In the last few months, more than 200 local and foreign companies have shown interest in venturing into medical cannabis production. Cabinet has approved about 37 of them and they will be issued with licences. For now we are in the process of registering them,” said Deputy Minister Haritatos.Chronicle