Malawi President Lazarus Chakwera. [Courtesy]Malawi President Lazarus Chakwera warned on Wednesday that his country's leading foreign exchange earner, tobacco, was in terminal decline and he urged a switch to high-growth crops like cannabis, which was legalised locally for some uses last year. "Clearly we need to diversify and grow other crops like cannabis, which was legalized last year for industrial and medicinal use," he added. Chakwera said the agriculture ministry would "search for a basket of alternative crops so that by 2030, Malawi can do away with its reliance on tobacco." Zimbabwe's new rules will allow investors to wholly own cannabis businesses, a departure from previous requirements to partner with the government.

Source: Standard Digital May 13, 2021 06:22 UTC