George Wajackoyah, one of four Kenyan presidential candidates in the pending national elections, is proposing to legalize cannabis and raise snakes for their venom to jump start the domestic economy.
Beyond the cannabis play, snake venom is used to manufacture drugs like high blood pressure medication and is used in treatments for blood clots, heart disease and as an antidote for snake bites. On the foreign export market, venom can be sold for as much as $120 per gram. The market for this product is also growing—and expected to reach $1.5 billion by 2027.
Wajackoya is a lawyer and a
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