Potential for lucrative cannabis industry in South Africa

Potential for lucrative cannabis industry in South Africa

Joanne van Harmelen   Introduction In 2018 the Constitutional Court – South Africa’s highest court – unanimously ruled to decriminalise the private possession, consumption and cultivation of cannabis. The government has until September 2020 to bring legislation on cannabis in line with the constitution. Since 2018, the manufacture, import and sale of cannabis-related products other than those containing tetrahydrocannabinol (THC) has taken off. This is partly due to a 12-month exemption published in the Government Gazette that will expire in May 2020 in which cannabis health supplement products were de-scheduled if they: contain a maximum daily dose of 20mg cannabidiol (CBD) with…

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Source : CANNANNEW REPORT
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