Zambia

Mon
06
Feb

Taxing Marijuana: An Infographic

Taxes on marijuana? There is a lot of money being made in this world already on the taxation of cannabis. There are nations like Uruguay and Israel taking a new approach on the substance and bucking the status quo on marijuana policy in their country. Many states have legalized medical marijuana in America, and many more will follow in the coming months and years.

This interesting graphic from Turbotax shows just how prevalent the cash is from taxes. In the end, the US spends 12 billion prosecuting marijuana crimes, which is a real shame. Hopefully the feds will move, but with the new administration, we aren’t holding our breath.

Mon
12
Dec

Under the Radar: Should Zambia finance Eurobonds with marijuana?

Zambia is suffering a severe hangover from its decade long commodity boom, as mounting debt and energy shortages are crippling the once vibrant economy.

Zambia has seen a decrease in GDP growth from an average of 7.4% from 2004-2014 to barely 3% for 2016. This figure is only slightly above population growth. When annual inflation is added – which despite having decreased from 22.9% in January to only 8.8% in November – it reveals that the livelihoods of Zambians are actually regressing. This slowdown has affected the government’s bottom line, as Zambia’s national debt continues to pile up.

Tue
06
Dec

Mapped: The Countries That Smoke the Most Cannabis

The country with the biggest weed habit? That might surprise you.

A new report claims the UK government should legalise marijuana because it's “the only solution to crime and addiction problems”.

The strongly-worded study - titled The Tide Effect: How the World is Changing its Mind on Cannabis - was produced by the nonpartisan Adam Smith Institute and has the backing of several cross-party MPs including former deputy prime minister, Nick Clegg.

Thu
01
Dec

Mapped: The countries that smoke the most cannabis

A new report claims the UK government should legalise marijuana because it's “the only solution to crime and addiction problems”.

The strongly-worded study - titled The Tide Effect: How the World is Changing its Mind on Cannabis - was produced by the nonpartisan Adam Smith Institute and has the backing of several cross-party MPs including former deputy prime minister, Nick Clegg.

Thu
25
Feb

The top pot-loving countries

Marijuana legalization has been a political issue in the United States for some time, and while it remains illegal in most states, others have softened their stance in recent years. Colorado and Washington both passed initiatives by popular vote to decriminalize and legalize cannabis in 2012. In 2014, Oregon, Alaska and Washington, D.C., followed suit. Many states including Massachusetts, California, Missouri, Hawaii, Maine, Nevada and Ohio have flirted with legalization for a few election cycles, with buzz growing.

The United States isn't the only country where people use marijuana legally or illicitly. In fact, it isn’t even the country with the highest reported marijuana use.

Wed
21
Oct

Dagga in Zanele’s room, says Minister Moyo

THERE was a small amount of marijuana in Zanele Moyo’s room and not the huge cache of empty alcohol bottles initially indicated, higher education minister Jonathan Moyo said on Wednesday.

Zanele, Minister Moyo’s daughter, was found dead in her off-campus flat in South Africa last Saturday. The 20-year-old was a second year student at the University of Cape Town.

Her body arrived in Harare Wednesday ahead of burial at Glen Forest on Friday.

Addressing mourners who included President Robert Mugabe, Minister Moyo said they found a small amount of marijuana when they got into Zanele’s apartment.

According to The Herald newspaper, Minister Moyo said the family had not raised any suspicion of foul play over his daughter’s passing.

Tue
13
Oct

African nations consider legalized marijuana

The cultivation and use of marijuana is rapidly rising across Africa as farmers, hit by low commodity prices, increasingly see the drug as a cash crop.

Pressure for legalizing marijuana is increasing in many African countries as legalized pot in the U.S. and Uruguay leads the way.

“At the moment, farmers choose to cultivate marijuana over traditional crops because it commands a far higher market price on the black market both at home and abroad,” Zambian Green Party President Peter Sinkamba told Anadolu Agency.

Sun
09
Aug

71-year-old man put on Defence for Cultivating Marijuana

A 71- year- old -man of Mpongwe district has been found with a case to answer for cultivation of marijuana, a psychotropic substance for the purpose of trafficking.

Before Luanshya Principal Resident Magistrate Dominic Makalicha was Dickson Makaya, 71, of Mpongwe district.

It was alleged that on 24th May, 2015, a team of Drug Enforcement Commission Officers conducted a search on the accused’s farm where it was discovered that he was cultivating marijuana intercropped with Maize.

The court heard that following a tip-off from the public that the accused was involved in the cultivation and trafficking of Psychotropic substance called marijuana, DEC officers went to the accused’s house.

Mon
15
Jun

Zambia could earn billions from medicinal marijuana crop

Opposition Green Party leader Peter Sinkamba says if he was voted in last January, the country would have been harvesting its first medicinal marijuana crop this month worth US$3 billion from the planned 129 farms countrywide.

Mr. Sinkamba says on his social media posting that to date his party would have earned US $ 3 billion , which is half Zambia’s budget for 2015 had he been voted Republican President .

“ With Green Party in government, by now there would have been no deficit, no nkongole ( debt ) , but a thriving economy like it used to be in the 1960’s and 1970s “ he said.

Chile, the country that produces copper six times more than Zambia has just legalized marijuana, and we are still shamefully grappling with realities, he adds

Tue
19
May

ZAMBIA Medical Association urges research on medicinal marijuana

ZAMBIA Medical Association president Dr Aaron Mujajati has suggested that marijuana be subjected to further scientific scrutiny in view of growing debates on its health benefits.

In a statement, Dr Mujajati advised people to be open to new ideas.

“As Zambia Medical Association [ZMA], we are aware of the local sentiments on this subject and the current legal provisions. However, we should not, as a country, shy away from subjecting our practices to further interrogation. We are not an island and our ways of life are affected negatively or positively by the world beyond us,” he stated.

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