Ghana just joined Malawi, Zimbabwe and South Africa by legalizing Marijuana strictly for health and industrial purposes.
The news came during the country’s parliamentary sitting on Friday, 20th match, 2020. A general consensus on the decision got the Narcotics Control Commission Bill, 2019 passed into law.
Initially, Narcotics Control Board (NACOB) the institution in charge of Narcotics had relatively weaker powers to take certain decisions regarding the herb and other drugs. With the new changes, NACOB has been upgraded into a Commission with enhanced powers to oversee issues on the industrial use of some narcotic substances.
The body has equally been empowered to regulate and make sure the herb is used for its rightful purpose, control and eliminate the trafficking of prohibited narcotic drugs to ensure public safety.
Ghana is expected to make lots of money from their first-ever Marijuana contract. The deal which was signed by the nation’s Hemp Association of Ghana (HAG) with a Ghanaian-owned Cannabis business operator in Portugal is expected to generate a revenue of $ 56 million in five years from merely cultivating and exporting industrial hemp from a 100acre land size.
This move is long overdue. African countries have since been losing lots of revenue through the criminalization of Marijuana whilst western countries make lots of money from the herb by capitalizing on its numerous benefits.
Some of these western countries even take advantage of our fertile soils, cultivate, harvest and export Marijuana to their various countries. It is time for Africa to join this business. We hope the remaining countries who are yet to alter their laws on Marijuana, will do so as soon as possible. If well implemented, Marijuana may become one of Africa’s number one export products.