SA Has a R40 Billion Hemp Market Opportunity But Needs the Policy Support to Get There

South Africa has the potential to capitalise on a domestic industrial hemp market opportunity valued at R40-billion by 2040; however, this requires proper industry development and policy support. That’s the finding of a new industrialization study unveiled by the Localisation Support Fund (LSF).

Cannabis Act Controversy Looming: Justice Official Says No to Private Clubs Ahead of Reviewing Public Submissions

Less than 20 hours after public submissions deadline on the draft regulations for the Cannabis Act, a senior Justice Department official has declared that all cannabis clubs are illegal. This astonishing revelation by the senior law advisor in charge of processing the Act, raises questions as to why the Department asked for public input in the first place.