4/20: Legalise And Tax It?

This week, all the fans of marijuana celebrated “4/20”. A day to celebrate the culture and use of the plant substance. Although “weed” is currently illegal in Ghana to both grow and use without a license, we took a look at the current law and wondered if the total legalization of marijuana might spur the growth of marijuana startups in Ghana.

Will we see marijuana dispensaries and startups pop up like in the US? And could regulating and taxing marijuana lead to a revenue windfall for the local government?

Check out our feature story.

Now, onto the news for the week:

ETAP Raises $1.5 Million Pre-Seed Funding To Drive Car Insurance Penetration In Africa

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa

Hubtel Granted Enhanced Payment Service License From Bank Of Ghana - Tech Nova

Hubtel, a local fintech company, has received a full and final license from the Bank of Ghana (BoG) to operate as a Payment Service Provider (Enhanced) in Ghana

Ghana's Online Activity Is Dominated By Betting, Facebook And.... "Adult Videos"?

What do Ghanaians search for when they go online? Which websites do they spend most of their on time? Well, according to new data pulled from Data Report, it looks like Ghanaians love three things:…

Ghana Revenue Authority Introduces E-Invoicing Feature

The Ghana Revenue Authority (GRA) has introduced an “E-Invoicing” feature for its users which will help reduce costs and cut down on processing times.