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Labat Africa to acquire remaining 30% interest in CannAfrica

Labat Africa to acquire remaining 30% interest in CannAfrica
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The future of cannabis in SA

Jane Dutton speaks to Labat Healthcare business development director and CEO of CannaAfrica, Herschel Maasdorp, on the proposed amendments to the Cannabis for Private Purposes Bill which is open for public comments until 28 April 2023.

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South Africa s Cannabis Industry Could Emerge As A Powerhouse, Generating Myriad Jobs And Income Opportunities

Here’s Why There Is Still Work To Be Done!

United statesSouth africaSouth africanBrian van rooyenHerschel maasdorpCyril ramaphosaVan rooyenIts retail divisionLabat africa groupDepartment of agricultureConstitutional courtRural developmentFrankfurt stock exchangeBusiness developmentAfrican cannabis reportSouth african medicinal cannabis market value

Labat shares tank 70% over 2022, management confident o

Although listed cannabis company Labat Africa’s share price has tanked by 70% over the past year to sit at a current low of nine cents, management is confident that the ship will swing around over the next two years on the back of export contracts.

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Labat enters joint agreement with CSIR to produce medic

Labat says it wants to be involved in every part of the cannabis value chain, from genetics to retail and dispensary. Now it has partnered with the CSIR to ramp up the processing of hemp as well as the commercialisation of medicinal cannabis.

Eastern capeSouth africaKwazulu natalSweetwater aquaponicsBrian van rooyenLabat africaHerschel maasdorpVan rooyenLabat healthcareAfrican cannabis genomeLandrace projectMalawi goldDurban poisonSwazi goldAce genetics nursery