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