Agribusiness & Manufacturing

Zambia HEMP Association to commence Cannabis farming in October

ZAMBIAN HEMP GROWERS ASSOCIATION PETER SINKAMBA HAS CONFIRMED THAT THE ASSOCIATION WILL COMMENCE OPERATIONS IN OCTOBER 2020

Green Party president Peter Sinkamba registered an association for Zambian hemp growers with the patents and companies registration agency (PACRA).

The Zambian Hemp Growers and Industries Association (Zam Hemp) was set up with the principle aim of promoting the cultivation, production, manufacturing and distribution of hemp in Zambia, as well as protecting and upholding the rights and interests of hemp businesses.

In a statement to the media, Mr Sinkamba said that Zam Hemp would become a market leader for industry news, events, markets and training, and that it would become a strategic link between investors and cannabis related businesses.

The statement went on to urge hemp growers to

 

sign up for membership of Zam Hemp, in order to improve the opportunities available to their businesses.

Zambia legalised the production and export of cannabis for economic and medicinal purposes in December 2019. At the time, Mr Sinkamba said the market for hemp could earn Zambia up to US$36 billion a year in revenue.

“Depending on how properly this is done, this could just change the face of Zambia’s economy,” Sinkamba told Reuters. “This could be a blessing or a curse, like diamonds and gold, depending on the policy direction.”