SA cannabis industry: A potential economic boost for the Western Cape

  • 📰 CapeTownEtc
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

According to the Western Cape government, the introduction of cannabis into the agricultural sector will create over 25 000 new jobs.

, will establish cannabis as a player in economic development by creating job opportunities and alleviating poverty, and it will formalise the sector for informal cannabis producers and processors.

‘The plan aims to mainstream production and agri-processing, secondly to promote cannabis and hemp as a rotational crop in the industry, and also to evaluate measures to protect and promote the unique Western Cape hemp and cannabis features,’ said Meyer.

‘It is an extraction process combining solvent extraction, vacuum evaporation, dewaxing, fractionation and chromatographic separation to isolate various cannabinoids, including cannabidiol ,’ he toldAccording to Nel, this technology would benefit the province by creating jobs and stimulating the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AllisonFarah3 Were they smoking some of the good stuff when they made up that number

Wait.can we grow legally now?

But they will be too stoned to actually be productive. 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA's cannabis industry worth as much as R28bn, says Western Cape governmentProvincial MEC for Agriculture, Ivan Meyer, said the industry would also create over 25,000 jobs, which would help alleviate poverty. Yet it is illegal to sell it. Don't tell the ANC.
Source: ewnupdates - 🏆 30. / 53 Read more »