Zimbabwean farmers hope for whiff of cannabis boom - News Summed Up

Zimbabwean farmers hope for whiff of cannabis boom


Farmers in Zimbabwe want to cash in on growing cannabis. Despite that, the potential windfall is much more than growing tobacco. Zimbabwean farmers looking to cash in on a global boom in medicinal cannabis face a litany of costs and regulatory barriers, but growers like Munyaradzi Nyanungo are betting it will boost their fortunes after decades of economic decline. READ | Zimbabwean tobacco farmers plan switch to daggaWith finance coming in from foreign companies like US-based King Kong Organics, black farmers like Nyanungo, 35 - who have struggled to prosper in a moribund economy - are looking to branch out from traditional crops like tobacco into cannabis. "We stand to sell cannabis at $25 per kilogramme, which is five, six times more than what a good tobacco crop can give you.


Source: News 24 May 12, 2022 04:49 UTC



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