S. Africa’s Labat takes 49% of breeder
Investment group Labat Africa Limited took a 49% interest in cannabis breeder Ace Genetics, paying with 1,804,000 Labat shares valued at 1.8 million SA rands (~€98,000/$119,000). Terms of the agreement …
Africa
Zimbabwe projects $1.25 billion in cannabis tax revenues
A proposed cannabis export scheme could eventually bring as much as $1.25 billion (~€1 billion) to Zimbabwe’s treasury per year, finance officials have said. “Cannabis production has immense potential to …
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Cannabis academy starts in S. Africa
A South African company has started an online cannabis academy offering short courses on various aspects of marijuana and hemp. Cheeba Cannabis Academy has enlisted an advisory board including doctors, …
Critics say Malawi fees for hemp, marijuana are too high
Aspiring Malawi cannabis growers are protesting licensing fees for hemp and marijuana released by the government’s new Cannabis Regulatory Authority (CRA) last week. Critics say the licenses, which range in …
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Hemp licensee is arrested in Zimbabwe
The owner of a Zimbabwe cannabis company is facing charges after being caught with 6 kilograms of gold worth $333,000 (€282,000) as she was about to board a flight from …
Zimbabwe sets legal framework with 3 licensing categories
The Zimbabwean government has published a legal framework for cannabis production, including industrial hemp, placing rules under the country’s narcotics laws, with a licensing scheme managed by the Ministry of …
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Murdered SA cannabis activist remembered as ‘fearless warrior’
[Updated: 14:08 July 4] Cannabis activist Julian Stobbs was remembered as a “hero” and “fearless warrior” as the South African cannabis community began to learn of his death today. Stobbs …
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South Africa reschedules CBD & THC, but opens a narrow window
The South African government has rescheduled CBD and THC, amending previous drug laws to open up the cannabinoid economy. The rescheduling has been welcome progress for the country’s industry, though …
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Project in Morocco combines hemp and solar to go totally off grid
A team of organizations has completed construction of a ground-breaking eco-building in Morocco that combines hemp construction with a high-tech solar energy system for total independence from the electrical grid. …
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Ghana cannabis law puts oversight of hemp under narcotics board
Ghana’s Parliament has passed a law that legalizes the use of cannabis for health and industrial purposes but gave the country’s Narcotics Control Board (NACOB) oversight of industrial hemp. The …
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