Credsure Loses Bid to Halt Cannabis Lawsuit

The High Court dismissed Credsure's application to halt a US$1.25 million lawsuit over a failed medicinal cannabis export venture, ruling there was sufficient evidence for trial, as reported by NewZimbabwe.com. The case stems from a financing dispute that collapsed amid regulatory uncertainty. The ruling underscores the legal risks facing Zimbabwe's nascent cannabis industry, where unclear licensing and enforcement deter investment. This legal setback highlights the significant barriers to entry in Zimbabwe's emerging cannabis sector.