New York firm reveals plan to grow marijuana in Kenya

A New York-based company is claiming to have obtained a licence to cultivate marijuana on 500 acres of land in Kenya, bringing closer home the current global debate about regulation and control of the narcotic.

In a notice, GoIP Global Inc, which is listed on the OTC Markets of New York, told its shareholders that it has secured a permit to grow the stimulant on a 500-acre plot in Kenya.

“After visiting Kenya and meeting with officials in the country, I am very excited about the prospects this agreement (licence) brings to our company. This is the first of several critical transactions that will transform GoIP into a relevant member of the burgeoning cannabis industry,” said company chairman Ike Sutton in the statement dated March 7.

“The lease term will be for 25 years and Kenya being on the Equator provides the best conditions for all-year round production,” the statement adds.

However, the Kenyan government denied issuing such a licence, warning that marijuana remains a prohibited plant in the country’s statutes. GoIP did not respond to our multiple requests for comment.

Agricultural Research Principal Secretary Hamadi Boga said he is not aware of any permit issued to GoIP Global Inc for the growing of cannabis.

“I am not aware of the licensing of the said firm to grow marijuana. As you are aware, cannabis is not in the list of crops that we currently regulate,” said Prof Boga.

Source : Diaspora Messenger