Israeli Company Sets its Eyes on Making Malawi Africa’s ‘Cannabis Hub’
A new African Israeli cannabis partnership is to be launched in Malawi in association with the Kamuzu College of Medicine. Malawi Israel Gold (MIG) expects to invest millions of dollars in what it calls Africa’s first cannabis hub
29 August 2022, 10:00:00
The Nyasa Times reported on 29 August 2022 that MIG’s head of cannabis innovation, Geri Kolin met Agriculture Minister Lobin Lowe recently to discuss the feasibility of a major hemp and CBD cultivation and processing project that would be carried out in partnership with local farmers.
“The company’s vision is to create Africa’s first cannabis hub in Malawi” Kolin told reporters after meeting Lowe and Cannabis Regulatory Authority chair Boniface Kadzamira. MIG has been allocated 11 hectares of land in Lilongwe where a multi-million dollar facility will be constructed.
According to the Nyasa Times, there will be a cannabis farm on the land, a warehouse and the factory that will be manufacturing drugs from medicinal cannabis. Malawi Israel Gold (MIG) is in partnership with Kamuzu College of Medicine in this project that will cost approximately 100 million US Dollars.
MIG, who’s CEO is Israeli businessman Shoham Vigiser, describes itself as “highly experienced with acclimatization and breeding, some of our partners and professional team even come with private seeds collection and proprietary genetics. Combining with wide and strong connections to growers, seed banks,genetics companies, and researchers around the globe, you will get to understand some of MIG’s many benefits for the short and long run. Sources of our seeds are Israel, Europe, America, and Africa, including of course the well-known Malawi Gold.”
Other directors inlude COO Ashgur Avano, MD Emma Masangano, Operations director Clifford Sebenza and VP Agriculture, Itzhak Esquira.
President of Society of Medical Doctors in Malawi, Dr Victor Mithi, has said the project will ease problems that the country faces when importing medical drugs.
"Cannabis has so many components that help in manufacturing drugs. This project is feasible and it will help the country to ensure availability of essential drugs," he said.
Malawi legalised cultivation of medicinal and industrial hemp in 2020.
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