Zimbabwe says yes to first license for private cannabis company
Nearly a year after becoming the second country in Africa to legalize cannabis cultivation for medicinal and scientific purposes, a Zimbabwe company says it received
approval for its cannabis business license.
MJBizDaily takeaway: Expect a rush of companies to announce new licenses in the coming weeks in Zimbabwe, demonstrating strong domestic interest in the legal medical cannabis industry.
The new licensees also will present business opportunities for international companies looking for partnerships. After Lesotho licensed its first cannabis companies last year, millions of dollars were invested in the industry, mostly from Canadian companies.