Cannabiz Africa

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LEGALITY VS REALITY

Could there be another legal definition of cannabis coming to South Africa?

 

Might well be on the cards says lawyer Andrew Lawrie of Schindlers’ Attorneys, who told the Cheeba Craft Cannabis Summit on 25 February 2021 that the High Court challenge on the legality of private cannabis clubs may open up new legal definitions along the lines of:

  • Illegal cannabis: (recreational cannabis that is bought or sold illegally)
  • Medicinal cannabis: (CBD and other approved supplementary products that fit within the legal framework of the law), and
  • Private cannabis: (cannabis exchanged for non-commercial purposes as outlined in private cannabis club guidelines that fall within constitutional rights).

Much depends on the High Court application by The Haze Club director, for his constitutional rights to be recognized and the final form of the Cannabis for Private Purposes Bill which will come before parliament later this year. See Lawrie’s main take-out points of the bill here.

Also look out for regulatory changes governing the cultivation of hemp and the local processing of cannabis for CBD coming up on the South African regulatory and legislative calendars in 2021.   And please, for heaven’s sake, where is the Cannabis Master Plan that the government has been so coyly promising but remains trapped in some deep, dark bureaucratic hole? 

Cannabiz Africa Take-out Point: The more precise legal definitions around cannabis, the easier it will be for entrepreneurs to grow their businesses in this exciting new market.

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Power Players

Pierre van der Hoeven, cannabis africa

Pierre van der Hoeven

South Africa
4/5
Cliff Giesenow

Cliff Giesenow

South Africa
4/5

The co-founders of SilverLeaf Investments are offering the smaller investor a shot at the upcoming African cannabis boom. R50k gets you in the door. What’s more is that they are departing from the traditional investment model (raising cash for export cultivation) and are targeting opportunities higher up the cannabis value chain. The boys are thinking big: they want to raise R500 million to pump into the cannabis industry and a possible AltX listing on the JSE. Go for it! Check out the Cheeba Craft Cannabis Summit News for van der Hoeven’s Top 10 tips for marketing a cannabis business.

READ STORY

Tito Mboweni 2021 budget speech

Tito Mboweni

South Africa
2/5

South African Finance Minister Tito Mboweni pulled the plug on the Section 12J tax break in his Budget Speech, a day before SilverLeaf Investments launched as a Section 12J vehicle. To be fair, the Finance Minister is under enormous pressure to fund a ballooning deficit, but we think he should be focusing on improving the investment climate, not restricting it.  The Minister is the most pro-cannabis cabinet member but has been strangely silent on the legalization issue lately. C’mon Tito, be our cheerleader, not a party pooper.

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Edgar Lungu

Edgar Lungu

Zambia
5/5

Zambian President Edgar Lungu has hit the accelerator on cannabis reform. His cabinet has passed two new bills that will regulate the cannabis and hemp economies and provide opportunities to investors and small-scale farmers in the southern African country. Lungu’s Cannabis Bill of 2021 allows for controlled cultivation, processing, research and distribution of cannabis for medicinal purposes and for growing hemp as biomass.  Lungu is desperately trying to stave off a national debt default. Cannabis reform can only help that – and his chances of winning the Zambian elections in August this year.

READ STORY

MP John Kairie

Kenya
4/5

Outspoken Kenyan MP John Kairie says his government is a bunch of cowards for not legalizing cannabis. He says the Nairobi government ‘s fear of recreational marijuana, or ‘bhang’, is blinding it to the opportunities of hemp. Kairie is one of a growing chorus of prominent Kenyans calling for the legalization of cannabis for the benefit of small-scale farmers and the taxman.  Right on. Kenya should get some bucks for its ‘bhang’ and join other African countries in legalizing medicinal cannabis.

READ STORY

Cannabis Thought Leaders

Joshua Green, Cannabis Industry Trends

Joshua Green

Joshua Green, Co Founder of Veriheal

4 Things I Wish I’d Known Before Getting into the Cannabis Industry

As cannabis sales begin to skyrocket and more states start to legalize, entrepreneurs from all walks of life are flocking to cannabis to pursue exciting, equitable, and profitable ventures in a young and white-hot industry. 

Not so long ago, I was one of them. In 2017, I co-founded the Cannatech enterprise Veriheal with my business partner Sam Adetunji, with a bootstrapped business plan and dream to build a next-generation, minority-owned technology platform.

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A campaign may soon be launched to make #psychedelics legal along the lines of medicinal #cannabis. #CannabizAfrica understands that there is an impending court case that may provide a platform for a High Court application to #legalize psychedelic medicine in #SouthAfrica

“We’re building what we hope will become the premium Cannabis educator/space on the continent...” @BizNewsCOM had a chat with Trenton about the brand new Cheeba Cannabis Academy campus in Gauteng, what courses will be offered and much more. http://ow.ly/qGH050DJIjO #CheebaAfrica

Legality vs Reality - https://mailchi.mp/5707126d730f/legality-vs-reality

Could there be another legal definition of cannabis coming to South Africa?

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Read the Cannabiz Africa coverage of the Cheeba Craft Cannabis Summit here: https://cannabiz-africa.com/cheeba-craft-cannabis-summit/

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DAY 1 - Cheeba Craft Cannabis Summit - https://mailchi.mp/2843d0bec0ea/day-1-cheeba-craft-cannabis-summit

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Cannabiz Newsletter | The latest on the Cheeba Africa Craft Cannabis Webinar & Gauteng Cannabis News - https://mailchi.mp/0ae5f8e1dfe2/cannabiz-newsline #cannabis #Africa #dagga #CannabisNewsletter #HempNewsletter #AfricaNews #SA #CapeTown #cbd #marijuana #invest @cheebaafrica

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https://cannabiz-africa.com/gauteng-cannabis-talk/

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https://cannabiz-africa.com/coffee-tea-and-cbd-sa-retailer-zootly-clinches-medspresso-brand/

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