By Mcloyd Chilangiza:
Malawi’s ambition to rake in about $700 million in forex from industrial and medicinal hemp is in limbo, six years after the cash crop was legalised.
What was once touted as a game-changer and, potentially, a substitute for tobacco as Malawi’s top export crop, has, instead, left farmers counting their losses.
Records from the Cannabis Regulatory Authority (CRA) show that more than 7,000 farmers, primarily smallholders, expressed interest in growing industrial hemp by 2022. However, four years down the line, there has been no record of contributions the crop has made to the economy, especially in terms of forex generation.
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