The Cannabis Regulatory Authority (CRA) says at least 60 investors have expressed interest to grow industrial and medicinal cannabis in the 2020/21 growing season.
Addressing the media in Lilongwe on Wednesday, CRA interim registrar Ketulo Salipira said apart from the 60 applicants, his office is still receiving inquiries for submission of applications.
He said: “Regulations to guide the production processes are being completed now. Once they are finalised, they will guide us on the issuance of production licences.
“Our expectation is that once regulations are finalised, farmers should start to obtain licences for production this coming growing season and that is our target.”
CRA board chairperson Boniface Kadzamira said government approved four seed varieties of industrial hemp and six seed varieties of medicinal cannabis. He said the seeds will be imported.
He, however, said…