Firms and individuals in Malawi are still waiting for the implementation of the Cannabis Regulation Act after the country passed a bill in February legalising cannabis for medical and industrial use.
Ingrow Limited, a company that grows and processes industrial cannabis, has expressed optimism that the crop can do well in Malawi.Ingrow Limited director, Nerbert Nyirenda, told a local newspaper in the country that the act has to be gazetted and the responsible minister should gazette both the effective date of the Act and regulations to operationalise the act.Furthermore, it is believed that the majority could not differentiate the industrial hemp from the illegal Indian hemp.
For years, Malawi has been depending on tobacco as a main source of revenue and foreign currency in the country, however, due to the global anti-tobacco campaigns, the crop has been on the decline. Economic experts have so far opted for the implementation of the Act citing that cannabis is economically viable because of its vast list of by-products in comparison with other commercial crops grown in Malawi.