UGANDA TO EXPORT MEDICAL MARIJUANA TO CANADA
Uganda to export medical marijuana to Canada A Ugandan producer has tied up deals to export $160 million worth of cannabis to pharmacy chains in Canada and Germany. Israeli firm Together (TASE: TGDR) has set up a business called Industrial Hemp Uganda Ltd along with Benjamin Cadet, a former MP for Bunyaruguru County, and other local businessmen. Cadet confirmed that Industrial Hemp has received 20,000 orders from pharmacies in Canada and Uganda. “We signed annual supply contracts with pharmacies in Canada to the tune of $100 million and €58 million for Germany,” he said. “The current contracts run for 10 years, but along the way we shall expand to satisfy future demand.” Industrial Hemp had a rocky start to life as the Ugandan Investment Authority and local police said they were unaware of the operation and said it would be “frowned upon”. Cannabis is illegal in Uganda, where it is known as bhang. But Together announced in January that it was opening an export-focus...