Africa’s legal cannabis industry could generate more than $ 7.1bn a year by 2023 if more of the continent’s major markets open up and follow the trend of legalisation seen in the US, Canada and Europe, according to a new report released on Thursday.
“Cannabis is already widely grown and consumed across the continent with production currently standing at around 38,000 tons and consumption rates at 13.2%,” according to the report. The report by Prohibition Partners says that while any path towards a legalised and regulated cannabis industry presents a number of significant challenges due to opaque laws and inconsistent enforcement, Africa’s climate, affordable land and low-cost labour offer enormous opportunities in a market which could exceed $7.1bn by 2023.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Google fined $1.7bn for search ad blocks in third EU sanction | IOL Business ReportGoogle was fined €1.49 billion (R24bn) on Wednesday for blocking rival online search advertisers.
Källa: IOL - 🏆 46. / 51 Läs mer »
SA’s foreign direct investment hits five-year high in 2018Figure more than doubled from R26.8bn in 2017 to R70.7bn as Ramaphosa chases 2023 target
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
Make South Africa a zoo-free country: Khoisan - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.As the country commemorates Human Rights Day, requests to make South Africa a zoo-free country, have been echoed by the Khoisan in the Eastern Cape. Isn't it already?
Källa: SABC News Online - 🏆 32. / 51 Läs mer »
Toll from cyclone-hit southern Africa surges as UN launches health aid - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A cyclone that ravaged three southern African countries last week has killed at least 350 people, affected more than 1.7 million others and left 15,000 people still stranded by floods, according to estimates Thursday. When extreme weather is going to hit the US,The Caribbean people are warned and informed on time to evacuate so as to save lives,did the African leaders of the affected countries deliberately not evacuate their citizens on time so they can get aid which they are going to squander
Källa: SABC News Online - 🏆 32. / 51 Läs mer »
Miller, Tahir lead South Africa to super over victory over Sri Lanka - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa's veteran leg-spinner Imran Tahir conceded only five runs in a decisive super over as they beat Sri Lanka in their opening Twenty20 International on Tuesday after both teams had finished their innings with the same score.
Källa: SABC News Online - 🏆 32. / 51 Läs mer »
Dr Motsepe to address Africa-Asia Partnerships conference - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The First Lady of South Africa, Dr Tshepo Motsepe, will address the Africa-Asia Partnerships in Health and Healthcare Delivery for Women & Youth Conference at the University of the Witwatersrand in Johannesburg on Tuesday.
Källa: SABC News Online - 🏆 32. / 51 Läs mer »