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DTIC Seeks to Raise US$55 m to Create Eastern Cape Hemp Economy

The DTIC is looking to facilitate international funding for a hemp textile engineering company and two other major infrastructure projects in the Eastern Cape to kickstart the province’s cannabis economy. It’s seeking a total of US$55 million in foreign investment which it says will generate over a billion in value and create 12 000 jobs.

SA Cannabis Reform: A Case of Misteps, Missed Steps, Reversed Steps, Ambivalence and Confusion

South African cannabis reform is just not kicking into gear, largely because Government has fumbled the process badly. Nowhere is this more evident than the continued shelf-life of the Drugs and Drug Trafficking Act, which is still on the statute books despite repeated Government promises to amend it and a 2020 Concourt judgement that found sections of it to be unconstitutional.

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