Cannabis Industry | Delays in legislative framework hampering industrialisation, growth of sector
Cannabis Industry | Delays in legislative framework hampering industrialisation, growth of sector
Cabinet has received a progress report on the development of the cannabis and hemp sector and the cannabis master plan as part of government’s strategy to industrialise the cannabis sector.
The cannabis industry in South Africa has the potential to create thousands of jobs and could be worth around R28-billion.
However, the industry still faces major hurdles.
It’s almost two years since President Cyril Ramaphosa promised in his State of the Nation Address to create the “enabling conditions for the sector to grow”, but not much progress has been made to create an enabling environment for all players to thrive.
To look at the state of the cannabis industry, we’re joined virtually by the Chairperson of the Portfolio Committee for Small Business Development Faiez Jacobs and an attorney and cannabis business consultant, Danmari Duguid.
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creates 1000s of jobs but also creates a million junkies
This president is useless
The opportunity is not available forever, other countries will dominate our markets before we can make any dent in unemployment with this lethargy.
People are still getting arrested for the plant. ACAB
Leanne lowkey seems like a potsmoker.
What about growwers selling Cutting of the Cannabis Trees?
The ANC have so far given this opportunity to apartheid beneficiaries by locking it behind a paygate insurmountable to the supermajority of South Africans. A paygate of R1.5 Mil liquidity to be precise…😢
Legal to grow my own 😊
Same old story with anc. Can’t run a municipality. Never mind a country.
You can’t industralise the weed….
Our slow leaders will make us lose out on this opportunity.
Preventing informal trade of a medicinal herb simply because there is a lack of a formal industry takes the food off of many tables in poor households.
How does Tree of life able to sell buds while the system has prohibited people from selling
Our investors already pulled out and invested into Australia, wasting many years while we wait, and lost jobs due to the implications etc.
The Local industry is also littered with Fake so-called herbalist doctors selling weed illegally in a grey sector, further destroying the legitimate companies.
We own 2 patents and they are worthless due to our government.
My weed is at most important
To create simple legislation to promote and regulate small scale commercial trade to private users is easy. You are not driven. Your responses are wishy washy
18 September 2018 was better than 27 April 1994. SA decriminalising cannabis was the freedom we needed, we still need licenses to sell cannabis 😢. For the fact that the license is 5million is stressing and gatekeeping the plant from the public. Imagine if all those guys in the corners have a proper licence to sell.
3:21
No hurry. They are still at the product testing stage.
Create enabling conditions for ANC thieves only.
I’ve been in this industy since 2017 and have seen alot but the question I ask is how the stores are allowed to sell this product. #stoppayingthecops.
grow 100 instead of 8 plaas poesta
I LOVE MY WEED. SMOKED IT AT THE SABC ALSO
The Government doesn’t give a Shiiii about people!!! Give people Jobs!!!
What about Alphagram they have shops all over Cape Town selling thc
Evil people
Pharmaceutical drugs and alcohol are the problem substances. It makes no sense to decriminalize cannabis but not allow a place of purchase. What about the people who live in apartments without gardens, do they become criminals for purchasing cannabis while those with space to grow are not criminals? The law is flawed and always going to be in the interest of those wanting to stack their pockets from the corruption & ridiculous tax laws to follow.
Government still trying to figure out how to tax us to death on something that grows naturally. They controlled by large corps who do not have peoples interests at heart. They dont want small businesses to prosper. All sell outs.
Let us grow our own
I ❤weed too😊 it can make jobs in south africa 🇿🇦 😅 we smoke it 😤 😎 eating it and it can help as people with epilim.