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President of Zimbabwe commissions $27 million medicinal cannabis farm

President Mnangagwa has commissioned medical cannabis farm and processing plant at Mount Hampden set up by Swiss Biocieuticals Limited in West Province, Zimbabwe.

The Swiss Biocieuticals medical cannabis farm worth US$27 million is built with a medicinal cannabis processing plant fitted with the first line of medicinal cannabis oil processing aimed at stimulating other bio-medical solutions and pharmaceutical products for both local and international markets.

According to The Herald, President Mnangagwa commissioned the farm yesterday to produce cannabis (mbanje or dagga) for medical and scientific purposes.

During his speech, Mr. Mnangagwa said the rapid development of the processing plant, which adds significant value to the crop, was a testimony of the success of the Government's engagement policy and the confidence Swiss companies and investors had in Zimbabwe and its economy.

To read the complete article, go to africa.businessinsider.com

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