Legalising Recreational Cannabis Sativa as forex cash cow for Malawi – Focussing on what buyer wants

Brian Phiri Kampanje

MPRA Paper from University Library of Munich, Germany

Abstract: Any discussions surrounding legalisation of recreational cannabis is a taboo in Malawi in view of stiff penalties under the Dangerous Drugs Act 1956 as well as strong roots of religious beliefs against it. This is despite the country paying a blind eye to recreational cannabis tourism for its renowned local cannabis strains known across the global as Malawi Gold. This paper argues that Malawi has a tough choice on whether to decriminalise the industry to earn at least half a billion USD annually or let the black market continue to thrive to the detriment of Malawians’ well-being.

Keywords: Cannabis; Malawi; Cash cow; Forex (search for similar items in EconPapers)
JEL-codes: K00 K23 K40 K42 (search for similar items in EconPapers)
Date: 2022-08-15
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