Africa: Weed for Export - Raising African Economies High On Medical Marijuana

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Weed for Export - Raising African Economies High On Medical Marijuana TheExchangeEA: Africa

According to the Oklahoma Medical Marijuana Authority medical marijuana dispensary sales totalled US$11.5 million in just under one month. Other than the sales, OMMA also says in that same time, between January and February of 2019, it also raised more than US$3 million in taxes alone.

This very high figure is only expected to get higher at a compound annual growth rate of 21.06% all through 2030. Africa marijuana production is on the rise; Rwanda, Uganda, and Malawi legalize growing weed for export Ironically, according to local media, the EAC's biggest economies, Tanzania and Kenya, which are reluctant to pass laws to allow the growing of weed for export, actually produce the largest amounts of weed which is then consumed and exported illegally.

 

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TheExchangeEA LONDON, Oct 30 (Reuters) - Climate activist Greta Thunberg on Sunday called out next month's United Nations climate summit in Egypt for being 'held in a tourist paradise in a country that violates many basic human rights.'

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