BUSINESS MAVERICK: Government gets rolling on cannabis policy

It has been almost a year since Deputy Chief Justice Raymond Zondo declared that Sections 4 and 5 of the Drugs Act, and Section 22A of the Medicines Act, were unconstitutional and invalid because they prohibited adults from privately using or cultivating cannabis. Parliament has another year to bring cannabis legislation up to constitutional scratch.

, give some insight into the direction this may take. Issues being explored include: the regulatory framework for the treatment of patients; religious uses; legislation in other countries, presumably including Canada, which has gone the legalisation route; the industrial potential of hemp; and assurances that legal cannabis cultivation does not compromise food security.

, this is low-hanging fruit that can easily be plucked. In April, Canada’s statistics agency reported that the number of people employed in the country’s cannabis sector had risen four-fold from the previous year to 9,200. Most of those were involved in cultivation, harvesting and processing. Given South Africa’s relatively low labour costs, one could expect tens of thousands of jobs to be easily created in such areas, and quickly.President Cyril Ramaphosa has taken a keen interest in the issue.

I recently asked a large-scale commercial grain farmer for his thoughts on the potential to transform some maize land to cannabis cultivation, which per hectare can be far more profitable.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

BUSINESS MAVERICK: Grappling with the Fourth Industrial Revolution from behind wire fencesParticipants in the World Economic Forum line up behind the ‘Fourth Industrial Revolution’ (4IR) idea. But what is it?
ソース: dailymaverick - 🏆 3. / 84 続きを読む »

BUSINESS MAVERICK: Fear and Loathing at Survé-owned The African News AgencyThe African News Agency rose like a phoenix from the ashes of the once-proud South African Press Association. Now it is restructuring its editorial team, the bulk of its workforce. One wonders whether the phoenix will still fly.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »

Business Maverick: Eskom works to increase reserve margin to thwart load sheddingIn a media briefing in which management displayed quiet confidence, and bereft of the panic of the recent past, Eskom shows much progress has been achieved in fixing equipment for electricity generation. Still, outstanding debt has just increased to R450bn.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »

BUSINESS MAVERICK: A case for the PIC to bail out ailing state-owned enterprisesResearch firm Intellidex has joined calls by market watchers, including former PIC CEO Dan Matjila and others, for Public Investment Corporation funds to bail out state entities. However, Intellidex is not proposing a blank cheque for state entities. Intellidex believes that one of the ways in which the PIC can commit to environmental, social and corporate governance and social impacting is by bailing out state entities only if the 'public benefit can be clearly demonstrated'.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »