It has been almost four years since the Constitutional Court ruled that South Africans have the right to consume cannabis in the privacy of their own homes, eff
It has been almost four years since the Constitutional Court ruled that South Africans have the right to consume cannabis in the privacy of their own homes,
KwaZulu Natal-based start-up Tri-Medi Canna has partnered with UK-listed pharmaceutical company Apollon Formularies to open a cannabis production plant in SA. Tri-Medi Canna was established to focus on medical cannabis, a booming industry that the company said is forecast to be worth up to $7.1bn (R113.7bn) by 2023 in Africa with SA potentially making up 70% of the current market.
If small business farmers are unable to enter and compete in the market, there is a huge risk that deep and exclusionary market concentrations may form, writes Siseko Maposa.