After a Bright Start, Zimbabwe’s Legal Cannabis Market Hits the Skids


CANNABIS CULTURE – Zimbabwe’s cannabis legalization initiative once held great promise, but now government overreach and excess taxation have ground progress down to a halt — and sent many  back to the black market. Zimbabwe has just found out how marijuana extreme taxes are counter-productive.  In December 2020, Zimbabwe´s government announced what it calls the Cannabis Levy, chargeable on the value of exports. According to Zimbabwe´s finance minister, the levy proposes a 10% tax on…


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *