Monday, 20 June 2022 07:03

A presidential hopeful in Kenya is running on a cannabis and snake venom platform

Rate this item
(0 votes)

Kenya is facing inflation, unemployment and public debt. But George Wajackoyah, one of the four presidential candidates in the Aug. 9 polls, wants to get the economy back on track by legalizing cannabis and farming snakes.

His rivals—former prime minister Raila Odinga and deputy president William Ruto—promise a $60 monthly stipend for unemployed citizens and several economic reforms. Meanwhile, on Twitter, TikTok and Whatsapp, Wajackoyah, a trained lawyer, figures that since a sack of 90 kilos of raw cannabis is worth $3.4 million, Kenya needs fewer than 2,000 sacks to repay its foreign debts. 

Wajackoyah and his running mate Justina Wamae plan to legalize the farming of hemp, a form of cannabis with high levels of cannabidoil (CBD), so that its fibre can be used in industry and its CBD in medicines. In parallel, they want to legalize and control the use of marijuana, the form of cannabis popular as a recreational drug. To ensure that only hemp is grown in Kenya, Wamae has explained, agricultural officials will visit farms to test crops, and hemp seeds will be provided only by the government.

A 2019 report by Prohibition Partners that surveyed nine African countries calculated that Africa’s legal cannabis industry will grow to $7.1 billion by 2023. Wajackoyah wants Kenya to take advantage of this growing market, estimated globally to be wortharound $70 billion by 2028. “Kenyans will be so rich that they will only be working four days a week,” Wackajoyah said on Citizen TV.

Wajackoyah thinks Kenya should tap the snake venom market too

Wajackoyah also wants Kenya to take up snake farming on an industrial scale. Snake venom, used in the manufacture of drugs and to treat snake bites, can earn as much as $120 per gram. “Proceeds from the sale of snake poison (sic) alone are enough to repay our Chinese loans,” Wajackoyah claimed to a local TV station. The global market for anti-venom drugs, made out of snake venom, is expected to reach $1.5 billion by 2027.

However wild Wajackoyah’s schemes sound, he could still prove to be a spoiler in the presidential race, said Herman Manyora, a political analyst and lecturer at the University of Nairobi. The cannabis narrative has brought Wajackoyah such wide renown that he may trip up the chances of either Raila or Ruto to garner the requisite 50% plus one vote that they need to win. “I won’t be surprised if he causes a re-run in August,” Manyora said. “The marijuana mantra is pulling crowds and that could attract undecided voters.”

 

Quartz Africa

May 01, 2025

Oil prices record steepest monthly decline since 2021

Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2…
May 01, 2025

Appeal Court upholds conviction of professor who rigged election for Akpabio amid public outrage

The Court of Appeal in Calabar has upheld the conviction and three-year prison sentence of…
April 29, 2025

How African popes changed Christianity - and gave the world Valentine's Day

Now predominantly Muslim, North Africa was once a Christian heartland, producing Catholic popes who left…
April 26, 2025

Declassified CIA file about UFO aliens attacking soldiers released

A declassified document posted to the CIA’s website is raising eyebrows with claims of an…
April 29, 2025

At least 26 people killed as 2 vehicles run over bomb planted by Boko Haram…

At least 26 people were killed on Monday when two vehicles detonated an improvised explosive…
May 01, 2025

What to know after Day 1162 of Russia-Ukraine war

WESTERN PERSPECTIVE Russians fighting more intensely despite ceasefire talk, Ukrainian commander says Russian forces have…
April 27, 2025

Smartphone use could reduce dementia risk in older adults, study finds

The first generation that has been exposed consistently to digital technology has reached the age…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.