Malawi Cannabis regulatory body issues 86 licences for industrial hemp cultivation

Officials from the Cannabis Regulatory Authority (CRA) say they have issued 86 licenses to 35 companies and cooperatives to venture into cannabis cultivation for industrial hemp production.

Kadzamira (c) says only 35 companies satisfied the requirements.

Board chairperson of CRA, Boniface Kadzamila, announced Friday  afternoon in Lilongwe.

Kadzamira said that a total of 41 companies applied but only 35 companies satisfied the requirements.

He said so far, the authority has issued licenses for cultivation, processing and storage and has not yet issued any license for export.

Cannabis production is bringing hope in the economy that it will complement tobacco, the country’s main source of foreign exchange.

Figures show that over a 10-year period, earnings from tobacco have dropped by about 45 percent.

A recent analysis by Invegrow Limited, one of the firms that conducted research on industrial hemp,found that a kilogramme of industrial hemp could fetch about K32 000 on the market and that there is potential for direct annual benefit to Malawians in excess of K3 billion on 16.5 hectares or K195 million per five hectares.

The analysis further indicated that the crop has ready markets whose global value chain is worth about $9 billion (about K6. 6 trillion), giving local investors a basis to take up cannabis production.

The Licensed Organizations are Medigrow, Malawi Mangoes, Africa Gold Ltd, Ortusol Ltd, SADM, Tilimenawo Cannabis Club, Unity Cooperative, Banana 2017, Hempharmaceuticals, ARET, Cannasun Ltd, SABA Agro Ltd, Sikelela Commodities Ltd, Lesta International, Profix eco-Industries Ltd, Bio Sil Technology Africa Limited, B&M Landscaping & General, Greenway, Med-Can Ltd, Organic Cannabis Farmers Cooperative, AKA, Kuwala Agriculture Ltd, Prime Pharmaceuticals, M’mbwelwa Investment Limited, Pharmanova, Dynamic Traders, Capital Food Ltd, Bio-lab Agencies, Milanzi Holdings, Pollen Farm Limited, Women in Vision, Mg Labs Limited, College of Medicine and Rasmusking Company Limited.

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Tibande
Tibande
27 days ago

Industrial hemp, my foot! Ganja ndi ganja, man. Call it industrial or domestic or whatever, the enforcement of the rules and regulations governing this whole chamba thing is sure bound to cause headaches (mark my words). There’ll be lots of corruption; lots of money will be made, but it’ll make some other countries richer while Malawi will slide further into poverty.

Now that you have LEGALIZED ganja, why not go all the way and DECRIMINALIZE it.

Just decriminalise the stuff and free all those poor guys who were unfortunate to have been jailed for smoking chamba.

John chidongo
27 days ago

Inu a Kadzamira longodolani pa Chichewa cha mvemve. Kuti cetifiketiyo amaipeza bwanji? Ndipo zofunika chani kuti munthu upeze satifiketiyo. A Malawi akumudzi nafe tifuna tidzilima osati kuti tenga ngati akapolo ma tenant muja zimakhalira ndi fodya kale. Apa mwatitengera mu mpika sitidamvetse mpang’ono pomwe. Longosolaninso. Zoyenera otani? Ndalama zake rejesilation zingati. Nafe tijilima kaya. Ko vofuna wopata wokha wokha? Tso alemera niwanthu amodzi modzi omwewo. Chingerezi yayi chingerezi polongosola sitimva. Mongoku pemphani bambo tiuzeni.

ERUTU
ERUTU
28 days ago

Yahman 🚬

Justice for all
Justice for all
28 days ago

Am going to apply as well who doesn’t need the money it looks like east to get it

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