Africa

Wed
31
Oct

How Lesotho became an unlikely hotspot for Canadian cannabis companies

The country's low-cost labour force, proximity to Europe and ideal climate make it a promising place to do business. Navdeep Dhaliwal was surprised when he first stepped foot in Lesotho last January — the climate was temperate, the landscape was lush, and the first footprints of a legal medical marijuana system were already in place.

“A close friend in the industry put me in touch with guys in Lesotho. So I went to meet with them, and I was really very surprised and impressed by the operation they had going there,” said Dhaliwal, president of Canadian licensed producer Supreme Cannabis.

So impressed, it turns out, that just months later Supreme pumped $10 million into a company called Medigrow Lesotho, that country’s first legal medical cannabis producer.

Wed
24
Oct

Cannabis legalisation delights South African users

A bucket containing a soupy green mixture sits under a table in Nduna Ewrong-Nxumalo's consultation room in downtown Johannesburg, South Africa's economic hub.

The traditional healer, or sangoma, has trusted and prescribed the pungent mixture -- cannabis tea -- to his patients for years. "We were given this holy plant by the ancestors," Ewrong-Nxumalo said, scooping out a cupful.

"Healers who came before us and trained us showed us how to restore people's health with it," said the healer, wearing a leopard-skin vest and khaki trousers. "It is a plant to be respected and protected, and I'm happy the law is finally doing that."

Wed
10
Oct

Are hemp homes our homes of the future?

With the Constitutional Court’s recent ruling on the private, recreational use of cannabis there has been a renewed increase in the other uses of the Cannabis sativa plant. One increasingly popular option is the use of hemp in the construction industry.

Mike Greeff, CEO of Greeff Christie’s International Real Estate, says using hemp in the construction industry is a step in the right direction. “Hemp is a natural product that is easily grown and aside from being very environmentally-friendly, is exceedingly versatile in its applications. From oils to clothing, hemp has the potential to be a game-changer in the local manufacturing industry and can only increase in popularity in the years to come.”

Wed
19
Sep

South Africa’s highest court legalizes cannabis for personal use

South Africa is the country to most recently legalize cannabis.  

South Africa’s highest court has legalized using cannabis for adults in private places as well as growing cannabis for private use upon ruling that the previous law that banned cannabis is unconstitutional.

“It will not be a criminal offense for an adult person to use or be in possession of cannabis in private for his own personal consumption,” said Deputy Chief Justice Raymond Zondo.

The ruling comes after a decision made last year by a provincial court that legalizes cannabis for private use in Western Cape where the country’s capital, Cape Town, is situated.

Fri
07
Sep

Presidential aspirant to make Nigeria marijuana exporting giant

Omoyele Sowore, a publisher and presidential hopeful in Nigeria says he will make the country a marijuana exporting hub if elected as president.

The video of his ‘controversial’ claims has since gone viral on social media. He was speaking at an event organized by a non-governmental organization in mid-week.

His reasons for advancing the idea was that many countries are making billions from the plant whiles in Nigeria drug law enforcement agencies were arresting people for cultivating or possessing it.

The publisher of Nigeria’s popular Sahara Reporters admitted that his views on the subject were controversial but also that he was ready to discuss it into details as and when.

Mon
18
Jun

These are the top 4 marijuana stocks with international expansion plans

As cannabis legalization spreads across the North American continent, industry insiders and pot stock investors alike look to diversify their portfolios in the global marijuana trade. With Canada on track to become the first G7 nation to legalize both recreational and medical cannabis nationally, overcrowding in the market is becoming an issue for stakeholders on all sides. It’s the reason why cannabis companies are starting to look for more opportunities internationally. These are the top four marijuana stocks with international expansion plans:

Thu
31
May

Global march continues as Canopy Growth moves into Africa

It’s become a cliche to mention how we are all connected on this earth and that our world continues to get smaller thanks to technology, but it’s the truth, and the cannabis industry is no different.

On one hand, cannabis reform movements were very insular, especially in the United States as arguments supporting legalization that appeal to voters in Oregon and California may not be as successful in other states.

Mon
21
May

Africa receives it's first medical marijuana dispensary

The first African medical marijuana dispensary has opened in Durban, South Africa. And while medical marijuana has yet to be legalized there, personal cannabis use is non-punishable, writes Calvin Hughes.

Mon
21
May

Zimbabwe government suspends cannabis farming licensing

Government has suspended the licensing and growing of marijuana — popularly known as mbanje.

Last month, President Emmerson Mnangagwa’s administration gazetted licence fees for those interested in growing cannabis (mbanje) for research and medicinal purposes.

This was seen as part of strategies to shore up revenue flows to the depressed fiscus.

The development, which had divided opinion in the hugely polarised southern African nation, had made Zimbabwe the second country in Africa to legalise cultivation of the plant after the tiny kingdom of Lesotho announced the continent’s first licence to grow cannabis legally last year.

Until now, it had been illegal to grow, possess or use cannabis in Zimbabwe, with offenders facing up to 12 years in jail.

Tue
08
May

What South African businesses need to know about cannabis oil

In March 2017, Justice Dennis Davis handed down a judgment in the Western Cape High Court that declared sections of the Drugs and Drug Trafficking Act, invalid and unconstitutional.

Specifically he took issue with the provisions that prohibit private and personal use of dagga at home as a violation of the right to privacy.

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