An insightful piece written by Siseko Maposa, Director Surgetower Associates.
“While this legislative development represented a significant step forward, it notably fell short of permitting the commercial sale of cannabis, leaving the prospects for adult-use cannabis commercialisation in South Africa uncertain.”
“The legalisation and commercialisation of the market is particularly crucial for small rural farming businesses, predominantly black-owned, that remain at the periphery of the market.”
“These farmers face significant barriers to entry in the hemp and medical cannabis markets due to limited access to investment capital, which often favours large-scale urban operations. As a result, many are forced to engage in illicit activities.”
Read more here
