DjKinetics
Active member
In recent weeks alot has happened in South Africa concerning cannabis business. Allegedly a Canadian company Cannameds has signed a deal in SA,while a battle within South Africa is taking shape over the future industry. What could be seen as an attempt to monopolise the business BGFoundation have purposed a five year plan of so called industry viability studies which many including myself have many concerns over the purposal relating to permits and the evident nepotism and corruption that is surely in play.
On a more positive note also this past Friday...
"SA company cleared to grow cannabis for use in Lesotho
The granting of a licence to a South African company to begin the cultivation of cannabis for medical use in Lesotho may bode well for its availability - and legalisation - in South Africa.
South African company Verve Dynamics - which describes itself as a “vegan-friendly manufacturer of highly purified botanical extracts” - became the first company in Africa to have been granted regulatory approval to begin the process of “growing and producing high-quality cannabis extracts commercially”.
The licence relates to the cultivation, processing, and sale of cannabis for medical and scientific
The company’s representative, Richard Davies, said in a statement that the Lesotho government’s decision to move forward with the “historic decision” meant that the country would play a significant role in developing the industry, both locally and internationally, as well as establishing itself as a pioneer on the African continent with regards to state-of-the-art extraction equipment.
He said they would make all the equipment and services used in South *Africa available to their partners in Africa, as long as both the legal and regulatory approvals had been met."
Full article:
https://www.africanindy.com/news/sa-company-cleared-to-grow-cannabis-for-use-in-lesotho-11211874
On a more positive note also this past Friday...
"SA company cleared to grow cannabis for use in Lesotho
The granting of a licence to a South African company to begin the cultivation of cannabis for medical use in Lesotho may bode well for its availability - and legalisation - in South Africa.
South African company Verve Dynamics - which describes itself as a “vegan-friendly manufacturer of highly purified botanical extracts” - became the first company in Africa to have been granted regulatory approval to begin the process of “growing and producing high-quality cannabis extracts commercially”.
The licence relates to the cultivation, processing, and sale of cannabis for medical and scientific
The company’s representative, Richard Davies, said in a statement that the Lesotho government’s decision to move forward with the “historic decision” meant that the country would play a significant role in developing the industry, both locally and internationally, as well as establishing itself as a pioneer on the African continent with regards to state-of-the-art extraction equipment.
He said they would make all the equipment and services used in South *Africa available to their partners in Africa, as long as both the legal and regulatory approvals had been met."
Full article:
https://www.africanindy.com/news/sa-company-cleared-to-grow-cannabis-for-use-in-lesotho-11211874
