Zimbabwe $1.25bn plan sees cannabis as biggest cash crop

MMP News AuthorDecember 1, 2020
Zimbabwe sees export earnings from cannabis outstripping those of tobacco by almost three times after last year legalising the cultivation of the plant for medicinal use. The government has issued 44 licenses since September when it announced rules for growing cannabis, and sales are forecast to reach $1.25 billion in ... Read More

Victorian cannabis start-up gets cash

MMP News AuthorNovember 23, 2020
Medicinal cannabis start-up Cann Group has been given a major financing boost and says it now has enough cash to build a production facility in Victoria. The company said on Monday it had received credit approval from National Australia Bank for a $50 million secured debt facility, with documentation expected ... Read More