Economy

‘Cannabis can reduce Covid-19 economic shocks’

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  • “We need additional revenue streams which should be able to assist the government provide the necessary budget support,” Mr Sinkamba, who is also Green Party President, said in an interview in Lusaka.

The immediate production and export  of cannabis could  solve some economic challenges brought by the negative impact of Covid-19, says Zambian Hemp Growers and Industries Association (ZamHemp) President Peter Sinkamba.

The operationalisation of the cannabis industry Mr Sinkamba said, could  boost the economy dramatically.

Mr Sinkamba

 “We need additional revenue streams which should be able to assist the government provide the necessary budget support,” Mr Sinkamba, who is also Green Party President,  said  in an interview in Lusaka yesterday.

He said the industry would be able to create job opportunities in the country.

Mr Sinkamba hoped that the government would table the Industrial herbal bill and the controlled substances bill when parliament opens this month.   

He was confident that the two bills would be passed so that the framework for licensing of prioducers and processors of industrial herb and medical cannabis could commence.

Mr Sinkamba appealed to all Members of Parliament to support the bills when they are presented in parliament. ZamHemp is an association that promotes cultivation, production, manufacturing, distribution and coordination of hemp business in Zambia

Source
ZANIS

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