What Legalizing Medical Marijuana Means for the Rwandan Economy
Oct 14, 2020 (The New Times/All Africa Global Media via COMTEX) —
Some know it as cannabis, while others know it as marijuana or weed, especially because it has been trendy in pop-culture music and because it has been immortalized in western films.
Whatever you call it, cannabis is the world’s most popular drug and is the highest value therapeutic crop known at the moment, despite being illegal in many parts of the world.
It wasn’t until Monday, October 12, that a cabinet meeting approved guidelines that allow the growing of cannabis in Rwanda, which drew mixed opinions from people.
Cannabis is a multi-billion dollar industry and it’s believed to be the world’s most valuable cash crop from the absolute value perspective.
One study, which analysed data from the UN Food and Agriculture Organisation as well as UN World Drug reports, estimated cannabis to be valued…