The Zimbabwe Investment and Development Agency (Zida) is developing a medicinal cannabis sector-based strategy to promote investments into the country. To date, 54 local and foreign investors have been licensed.
The Ministry of Lands, Agriculture, Fisheries, Water, Climate and Rural Resettlement is working closely with Zida and Medicines Control Authority of Zimbabwe (MCAZ) in ensuring that the quality of seeds imported meet the regulatory requirements while the Tobacco Research Board (TRB) is currently testing and propagating 15 varieties of cannabis to monitor their suitability and potency.
Zida, through the One Stop Investment Services Centre (OSISC), is accepting applications into this sector where investors are allowed to own 100% of their investments. The legislation allows cultivation in greenhouses only and farming can be done on private land with an ideal security system including real-time smart technology.
The security services are key in enforcement of monitoring and evaluation and investors are allowed to use private security and should meet outlined minimal standards of security. Other countries that are offering the same license in the region include Zambia, Rwanda, Malawi and Rwanda; and Zimbabwe is offering the cheapest one valid for five years.
Read more at theindependent.co.zw