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

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  • Phiri Kampanje, Brian

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.

Suggested Citation

  • Phiri Kampanje, Brian, 2022. "Legalising Recreational Cannabis Sativa as forex cash cow for Malawi – Focussing on what buyer wants," MPRA Paper 114352, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:114352
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    File URL: https://mpra.ub.uni-muenchen.de/114352/7/MPRA_paper_114352.pdf
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    References listed on IDEAS

    as
    1. Stuart Yikona & Brigie Slot & Michael Geller & Bjarne Hansen & Fatima el Kadiri, 2011. "Ill-gotten Money and the Economy : Experiences from Malawi and Namibia," World Bank Publications - Books, The World Bank Group, number 2362.
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    More about this item

    Keywords

    Cannabis; Malawi; Cash cow; Forex;
    All these keywords.

    JEL classification:

    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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