‘Develop the Local Market as an Insurance Policy Against Declining International Prices’
The global cannabis industry is highly competitive and rapidly becoming over-subscribed, meaning the best guardrail against weak exports is to strengthen domestic markets. This was one of the the key takeaways from the Cheeba Summit, which ran alongside the Cannabis Expo at the Sandton Convention Centre this past weekend.
DM’s Ed Stoddard: The Cannabis Expo Reflects a Budding Industry in a Muddled Landscape
The Daily Maverick’s senior writer Ed Stoddard took his annual pilgrimage to The Cannabis Expo last weekend, and found that the whiff of business was as strong as pungent smell of cannabis surrounding the Sandton Covention Centre. The bud business seems to be booming, he says, and this year’s Expo reflected that momentum.
The Cannabis Expo: Cannabis Commerce Comes Alive with Record Attendances and a ‘Rec’ Attitude
The Cannabis Expo is a crazy, visual experience that takes one to the heart of South African policy schizophrenia, albeit in a fun-filled fantasy way. This weekend the Sandton Convention Centre hosted a no-holds barred, unashamed celebration of cannabis with record attendances.
‘There’s Still Time to Talk’: DTIC Advisor Urges Prince to Reconsider Lawfare and Negotiate
The DTIC’s senior cannabis advisor has warned that the Government’s attempts to regulate the cannabis industry could suffer a severe setback from Gareth Prince’s court challenge. John Jeffery publicly urged Prince to talk to him ahead of next week’s court hearing.
Cape Town AgriPreneurs BSomebodySA Launches Platform to Connect Small-Scale Cannabis Farmers to Markets
Small-scale hemp farmers are set to benefit in a bold scheme launched by BSomebodySA which aims to connect food growers to buyers in a supplier development initiative with Freshmark. The initiative is significant in that it integrates cannabis growers into the mainstream agricultural economy.
Mpondoland Comes to Sandton: The Cannabis Expo is a Bridge Builder and Innovation Showcase
The Cannabis Expo is a showcase for innovation, and innovation offers a bridge for Mpondoland’s legacy growers to participate in the cannabis economy. That’s the view of Eastern Cape cannabis mentor Dr Ncebakazi Galada, who hopes harness support for Mpondoland farmers at this weekend’s Cannabis Expo.
Cannabis Pioneer Invegrow Snatches the Limelight at Malawi’s International Trade Fair
Pioneering Malawi cannabis company Invegrow has won the Best SME Exhibitor Award at Malawi’s premier agricultural show currently underway in Blantyre. The award comes through Standard Bank’s involvement in the Malawi International Trade Fair by sponsoring a new ‘business forum’.
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.