Tag: Zimbabwe

After a Bright Start, Zimbabwe’s Legal Cannabis Market Hits the Skids

April 1, 2021

Lyrics

No Comments

CANNABIS CULTURE – Zimbabwe’s cannabis legalization initiative once held great promise, but now government overreach and excess taxation have ground progress down to a halt — and sent many  back to the black market. Zimbabwe has just found out how marijuana extreme taxes are counter-productive.  In December 2020, Zimbabwe´s government announced what it calls the Cannabis Levy, chargeable on the value of exports. According to Zimbabwe´s finance minister, the levy proposes a 10% tax on…

Cannabis to Overtake Tobacco as Zimbabwe’s Cash Crop

December 17, 2020

Lyrics

No Comments

CANNABIS CULTURE – Zimbabwe officials say medical and industrial cannabis is  set to overtake tobacco as a major source of export cash by the end of 2021. At present, Zimbabwe is one of the world’s leading producers of Virginia-leaf tobacco. “This is a historic change for Zimbabwe,” says Anold Soko, an independent agronomist in Harare, the capital of Zimbabwe. “Cannabis cultivation, especially cannabis oil unlike tobacco doesn’t deplete fresh water, forests or trigger medical warnings.…