Durban entrepreneur blazes through legal uncertainty in South Africa’s cannabis industry

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 92%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Cannabis entrepreneur Kenneth King has found himself at the intersection of ambition and legal ambiguity as he navigates the burgeoning cannabis industry in Sou

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.th Africa.

“The police are still of the mentality that cannabis is a drug — dagga. And, unfortunately, we can’t stop that,” he told the Mail & Guardian. His other stores are in Pinetown and the Durban suburbs of Montclair, Glenwood and Hillary. Other illegal substances and alcohol are banned in all the shops. Although King is reticent about sharing his monthly turnover, it exceeds the R90 000 personal loan he used to start the business.

Like thousands of cannabis entrepreneurs countrywide, King uses an assumed “grey area” in legislation that enables him to source supply from across South Africa and sell a variety of cannabis-infused products to anyone over the age of 18 for personal use, be it recreational or medicinal. “You’re allowed to do this, but you are not allowed to do that. If they legalise this, they must go all the way, not have one foot in and one foot out of the door,” he said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
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:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Grass ain't greener for South Africa’s underground cannabis industryThe boom in dispensaries and bud shops has seen traditional growers and sellers driven out of business while the government drags its feet
Källa: mailandguardian - 🏆 2. / 92 Läs mer »

South Africa: Finance Minister to Determine NHI Funding After Bill Signing - South African News BriefsFinance Minister to Determine NHI Funding After Bill Signing
Källa: allafrica - 🏆 1. / 99 Läs mer »