The President Signed Off on the Cannabis Act Two Years Ago, Today it is No Closer to Becoming Law
It’s now two years since the Cannabis for Private Purposes Act was signed off by the President and it is nowhere near coming into law. That’s because the Act stands in stark contradiction to the government’s plans to create a cannabis economy, and one wonders whether it has a place in law at all.
Global Cannabis Prices in Decline, Exporters Should Factor Price Compression into Their Outlook
Global cannabis prices are steadily declining as the market matures and production around the world ramps up. A new analysis says price compression is a sign of market maturity, not failure, but warns exporters to be careful of what revenue assumptions they make as base-line values still need to be established.
War on Drugs Update: Central Drug Authority Falls Over and Plan to Fight Substance Abuse Disappears into the Ether
Government’s response to the country’s growing substance abuse crisis has been revealed in Parliament as a shambles. The Department of Social Development has been fingered as the main culprit in the collapse of the Central Drug Authority and the disappearance into the ether of the alleged National Drug Master Plan.
BioCann Ramps Up for EU GMP Status Using Canadian Genetics Because of Their ‘Superior Digital Footprint’
Limpopo-based Biocann, one of South Africa’s largest commercial indoor cannabis facilities has built up a solid medical cannabis business based on Canadian genetics. Biocann says this was a deliberate choice because of the digital tracebility ahead of its impending EU GMP inspection.
US Study: Youngsters Not Using Cannabis to ‘Get Out of It’ But to ‘Get Into It’
Why are Gen Z’ers consuming cannabis? Well, for handling family situations, going on a date or before a work meeting or exam. And yes, also to enhance creativity, reduce stress and improve performance. This is according to a new study which also found that 28% of young American adults are using daily.
Africa’s Premier Cannabis Expo to Light Up Sandton This Week; If You’re in the Business, Be There!
Around 25 000 people are expected to converge on the Sandton Convention Centre next weekend for The Cannabis Expo, Africa’s showcase cannabis exhibition. The three-day festival, presented by private club Budbox, will also feature the SA Vape Expo for the first time.
GUN’s Showdown with the State on Cannabis Prohibition Up Before the Windhoek High Court
Namibian advocacy group GUN is using South Africa’s historic 2018 Concourt cannabis legalization ruling, as a key argument in their application to overturn existing drug laws. The Windhoek High Court considers the matter tomorrow with GUN’s application being opposed by the State.
ICS 2026 Will Put Cape Town in the International Spotlight – Use This to Develop SA’s Canna-Tourism Potential
South Africa is well-positioned to build cannabis tourism into its existing tourism eco-system. That’s the view of Sean Hocking, the Jakarta-based organizer of the ICS 2026, who says Cape Town has been chosen as this year’s location because it scenic beauty and its growing reputation as the capital city of cannabis in Africa.
Karoo Bioscience’s Mega Investment in State-of-the-Art Cannabis Facility Transforms the Fortunes of VanRhynsdorp
Karoo Bioscience’s VanRhynsdorp facility looks like a space ship that has just landed in the Klein Karoo. The company, which has pumped R400 million into the facility and is the area’s biggest single employer, has been hailed by the Presidency as a medical cannabis success story.
Malawi Hemp Farmers Face ‘Green Gold’ Debt as Promised Offtakes Vanish and Govt Support Nowhere to Be Found
About 60 agricultural co-ops in Malawi that invested in hemp are facing financial hardship as promised offtakes to the US vanish and government support is nowhere to be found. For many farmers the promise of ‘green gold’ has become a costly illusion.