The Minister of State for Provincial Affairs and Devolution Honourable Judith Ncube together with the the Permanent Secretary for Bulawayo Metropolitan Mr Paul Nyoni, this week, led civil servants on a tour of Mr Mike Querl’s fish and cannabis farm on the outskirts of Bulawayo.
Mike runs a thriving cannabis farm and is keen on engaging civil servants with land in the farming of weed. Those that are interested will be trained at his farm so they are able to produce quality crop.
The start up capital one would need is at least US $33,000 per hectare, however, it’s reported that when well done it can can yield no less than US$120,000 per hectare.
In order to establish a cannabis farming operation in Zimbabwe, one has to apply to the government for a license, provide a plan for their cultivation site that complies with the country’s regulations, pay a $50,000 licensing fee, be prepared to pay an extra $15,000 a year as a tacked on annual fee, and another $5,000 if the project requires a research fee.
Licenses are given for a five-year term and can be renewed at the rate of US$20,000 for the standard licensing fee, and US$2,500 to renew the research part. These fees, are, of course, on top of whatever costs there are to perform business functions.
Source: Ministry of Information
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