New GIBS article: Cannabis industry plans for South Africa have stalled By Motshedisi Mathibe (Moneyweb)
South African President Cyril Ramaphosa recently reiterated plans to accelerate the commercialisation of hemp as well as cannabis plants. His speech setting out government’s priorities for 2023 was a reminder of a pledge in 2022 – also in his state of the nation address – that the government would mobilise investment in the hemp and cannabis sectors.
In his speech, the president indicated that government is in the process of addressing the conditions for the growth of the cannabis sector, particularly for rural farmers. Click here to read full article
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