Lesotho Launches World-First Cannabis-Centred Special Economic Zone

CANNANNEW REPORT

Cannabiz Africa reports Lesotho has launched its first Special Economic Zone (SEZ), the first in the world that is centred around cannabis. Canadian-owned Bophelo Bioscience and Wellness is the founding developer in the Mafeteng Special Economic Zone, created to attract investors in agriculture and pharmaceutical industries.   Lesotho’s PM launches SEZ from cannabis facility Lesotho’s Prime Minister, Dr Moeketse Majoro and six cabinet members visited Bophelo on 19 May 2021 where they met Louisa Mojela, Bophelo’s founder and now chairperson of its Toronto-based owners, Halo Collective. Halo founder Andreas Met has relocated from Canada to oversee Bophelo’s operations. It has ambitions of being the biggest medical cannabis cultivation facility in the world.   Lesotho’s Prime Minister takes a sniff of his country’s best medical cannabis   Met, who is now Bophelo’s MD of Managing Director of Bophelo said “It was a great honor to show our accomplishments—and specially to introduce our young Basotho leadership team, including Moeti Marai and Puleng Mabula.  It’s incredible to be working hand-in-hand with a national government that shares our mission and fully supports the cultivation of medicinal cannabis as a key industry, understanding the huge positive impact cannabis can make in peoples’ lives as both a medicine and an economic driver wealth creation for the people of Lesotho.” Halo and Bophelo are expected to receive both Good Manufactures Practices (“GMP”) and Good Agricultural and Collection Practices (“GACP”) certifications from the quality growing and manufacturing consultant, Pharmaconsulta Ltd., following multiple site visits and a comprehensive review of the company’s standard operating procedures. With the addition of these certifications, the company will be able to supply the European market with sun-grown quality cannabis and further invest in African economies and provide growing support for the people of these communities. Mojela said: “Bophelo is committed to developing young talent through the…

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Source : Lesotho Launches World-First Cannabis-Centred Special Economic Zone

reposted by Cannabis News World

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