Cannabis Pharmaceutical Factory To Roll Out

co-founder for the company, Shoham Vigiser,

One of the companies venturing into cannabis farming and processing Malawi-Israel Gold, says it is in the process of establishing a pharmaceutical factory, to start producing medical drugs from the
legalized hemp in the country.

co-founder for the company, Shoham Vigiser, said to achieve this, they are partnering with a number of entities, both at the local and international level in the investment estimated at about 100 Million United States Dollars.

“We have been working hard on securing more international investors. Our clients are currently from Europe, Australia, and Israel. We believe that the market will expand”, said Vigiser.

Meanwhile, the company’s high level delegation is expected to be in the country soon, to sign a Memorandum of Understanding with Kamuzu College of Medicine, on its plans.

Dr. Victor Mithi, who is President of the Society of Medical Doctors in Malawi, has since expressed hope that the project if fulfilled, shall assist ending challenges that are faced to import medical drugs.

Related Posts

DPP Blues Rebels Brings Division In

The way Charles Mchacha is castigating the Leader of Opposition in Parliament, Hon Kondwani Nankhumwa, is just testimony enough that Read more

Malawi Freedom Network advice President Banda to fight corruption

If you thought Malawians are lazy people, I bet you a Dinosaur, think twice and you will know, check in Read more

Malawi Government Faulted Over Arrests of Coup Suspects

The recent arrest in Malawi of three opposition politicians accused of planning to unseat President Peter Mutharika is dissent from Read more

Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

FDH Launch Islamic Banking Window