Zambia has become the latest African country to legalize cannabis or otherwise known as Marijuana.
The country’s spokesperson Dora Siliya on Monday said a special cabinet meeting on December 4, legalized the production and export of cannabis for economic and medicinal purposes.
While this would make Zambia the latest country to shift its position on the drug to give its finances a boost, Siliya’s statement did not make it clear whether the use of cannabis for medicinal purposes in Zambia had been legalized.
The global market for medical cannabis is currently estimated at $150 billion (135 billion euros) and could reach $272 billion in 2028, according to Barclays Bank.
Zambia’s motivation for legalizing cannabis exports is rooted in a hefty fiscal deficit and growing debt burden. Growth in external debt to $10.5 billion at the end of 2018 from $8.74 billion a year earlier has raised fears the country is headed for a debt crisis.
President of the Zambian opposition Green Party Peter Sinkamba, who has been advocating the export of cannabis since 2013, welcomed the move and highlighted its economic input, saying it has the potential to earn the country up to $36 billion annually.
“Depending on how properly this is done, this could just change the face of Zambia’s economy,” Sinkamba told Reuters. “This could be a blessing or a curse, like diamonds and gold, depending on the policy direction.”
He revealed that the government had directed the ministry of health to coordinate the issuance of the necessary licenses while a technical committee made up of ministers from a range of departments would come up with guidelines.
Last year, South Africa’s constitutional court paved way for the relaxation of laws on drug use and consumption, when it ruled that private use of marijuana, locally referred to as dagga, is not a criminal offense.
“The right to privacy is not confined to a home or private dwelling. It will not be a criminal offense for an adult person to use or be in possession of cannabis in private space,” deputy chief justice Raymond Zondo said.
In the same year, Zimbabwe’s health ministry issued new regulations, allowing individuals and companies to be licensed to cultivate marijuana, known locally as ‘mbanje’.
Following the issuance of the regulations, Zimbabweans are now able to apply for licenses to grow cannabis for medical and research purposes. The five-year renewable licenses will allow growers to possess, transport and sell fresh and dried cannabis as well as cannabis oil.
The first African state to embrace cannabis was Lesotho back
In 2017, the country passed a law that permitted the cultivation of cannabis for medicinal purposes.
Deputy health minister Manthabiseng Phohleli told AFP that the legalization of cannabis presented “a huge opportunity for the country”, which boasts 300 days of sunshine per year.
“It attracts investors,” she said. “So far we have around 10 businesses operating on the territory.”
Entirely surrounded by South Africa, Lesotho is also one of the poorest countries in the world, ranking 159 out of 189 in the latest UN Human Development Index.
Unemployment is high, public services are scant and almost a quarter of the population is infected with HIV.
The government charges 30,000 euros for a one-year renewable license to grow cannabis.
Known as ‘matekoane’ in Sesotho, the country’s national language, it has been grown for centuries in rural areas.
The United Nations Office on Drugs and Crime estimates that 70 percent of marijuana consumed in South Africa is grown in Lesotho, making cannabis the country’s third source of revenue.