On Thursday evening, President Cyril Ramaphosa pledged that South Africa will ‘harness’ the economic benefits of the cannabis business during his State of the Nation Address for 2022. According to Ramaphosa, the country’s cannabis cultivation will soon be industrialized, with the government hoping to ‘harness’ the economic benefits. The Eastern Cape and KwaZulu-Natal provinces have also been chosen as good real estate to kick off efforts to capitalise on products that have proven profitable in neighboring Lesotho, according to the President. “Industrial hemp and cannabis will have a pathway to…

Read More