Companies cashing in on cannabis craze could be breaking the law
Using cannabis in public remains illegal, and dealing in cannabis remains a serious offence in terms of the Drugs and Drug Trafficking Act
04 November 2019 - 12:23
Almost all the businesses in SA cashing in on the growing demand for medical marijuana are breaking the law, despite their newfound confidence in the wake of the Constitutional Court ruling in 2018 which permits the personal use of cannabis in private, SA’s medicines regulator and the police warned on Monday.
The size of the SA medical cannabis market is unknown. However, local businesses are aiming for a slice of the global cannabis market, worth about $150bn (R2.2-trillion), according to the Green Fund. The rapidly growing market could surge to $272bn by 2028, according to Barclays projections...
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