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THE medical cannabis industry has received a major boost after approved projects were allowed to retain 100 percent of their export earnings. The move comes at a time when the country’s investment promotion agency is receiving enquiries from local and external business people interested in projects within the cannabis medical industry. In a joint press statement, the Zimbabwe Investment and Development Agency (ZIDA), Medicines Control Authority (MCAZ) and the Cannabis Industry Association of Zimbabwe (CIAZ) announced te operational framework will be administered through ZIDA’S one stop investment services centre. “Investors can have 100% of their investments and locate their facilities anywhere in the country without prescription. This is a significant departure from previous policy which required investors to co-own investments in joint venture with government or government entities and locate investments at state prescribed locations,” read part of the statement.

Doug munatsiDevelopment agencyCannabis industry association of zimbabweMedicines control authorityZimbabwe investmentCannabis industry associationInvestment stability agreementExecutive officerமருந்துகள் கட்டுப்பாடு அதிகாரம்ஸிஂபாப்வே முதலீடுகஞ்சா தொழில் சங்கம்நிர்வாகி அதிகாரி