As soon as South Africa’s master plan got underway, varying merger corporate cannabis deals started to occur amongst industry players. For example, in May, Labat Africa offered R11.25 million ($816 000) to get a 75% stake in Leaf Botanicals. Now Leaf Botanicals is one of the local companies with a cannabis production license given by the South African Health Products Regulatory Authority.
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Source : Swimming with Weed Sharks – Corporate Cannabis Carves Up the South African Marijuana Market
reposted by Cannabis News World