Cannabis is now the third biggest source of both formal and informal export revenue for Lesotho.
It is also estimated that more than 80% of all Marijuana in South Africa originates from Lesotho.
Now, the Lesotho government has jumped into the Marijuana action. They are selling growers licences at 30 000 euros per year. Lesotho now has 10 foreign growers around the capital, Maseru.
The biggest grower, Medigrow (M&G Health) estimates that they will make $21 Million this year from Marijuana oils and other extracts exports. This is after they invested $19,3 Million in various Cannabis growing facilities around Maseru.
The company now employs over 3000 people around Maseru.