What was once hailed as Malawi’s next economic breakthrough has, for many farmers, turned into a costly illusion.
In 2021, cooperatives across the country plunged into industrial hemp farming, lured by promises that the crop—dubbed “green gold”—would rival tobacco as a top foreign-exchange earner.
With projections of up to $700 million in annual revenues, hope spread quickly from policy rooms to rural fields. For thousands of smallholder and commercial farmers, it seemed like a rare chance to escape the volatility of traditional crops and poverty.
Just a few seasons later, that promise lies in ruins.


















