More than puff and pass: SA’s cannabis industry could be worth billions

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Many South Africans are getting into the business, but the red tape is still confusing for some, and the scope of private use is not yet defined, leaving this to law enforcers’ discretion.

The cannabis industry was unleashed on the country last year September, when the Constitutional Court decriminalised the use, possession and cultivation of the plant by adults, in private, for personal consumption.

Oppenheim says this could explain why only been a handful of cultivation licences have been issued, with the first two granted to Afriplex and House of Hemp. “Once the use of cannabis was decriminalised, I thought I should get into the industry while it’s still new to see how it would work out,” says its 25-year-old owner, Colleen Ratseane.

They still need to fall within the definition of the exemption, however, which means the product being sold may not induce psychoactive effects. The main psychoactive component of cannabis is tetrahydrocannabinol . This is why most products on the market contain CBD, which is generally considered to have medicinal rather than psychoactive benefits.

If a product has processed hemp fibres and related products of less than 0.1% THC it is exempt from regulation under the act.Cape Town-based Canna Coffee infuses its 250g Italian roast coffee beans with 250mg of CBD. A bag retails at R250.

 

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