It’s high time for SA to grow its cannabis economy

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SPONSORED | Is cannabis the jackpot SA’s been waiting for?

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The Western Cape, as the fifth-largest exporter of agricultural goods in Africa, is in a prime position to become the medicinal cannabis hub of Africa. Picture: UNSPLASH/INECTA

Radio presenter Joanne Joseph moderated the discussion between managing partner of the African Growth Fund Mark Diuga, pharmacist and holistic cannabis practitioner at Releaf Pharmaceuticals Sean Willard, economist and trend analyst at Flux Trends Bronwyn Williams, and CEO of Wesgro Tim Harris. Diuga explored what SA can learn from Canada’s mistakes after legalising cannabis in 2017.

The fact that cannabis is a health and wellness product and available despite the Covid-19 pandemic makes it even more attractive to investors. Is cannabidiol good for you? Willard explained that CBD products affect the endocannabinoid system, which regulates body temperature, blood pressure and overall homeostasis. This makes CBD products ideal for pain relief and anxiety.Economist and trend analyst Bronwyn Williams said that now is a good time to invest in cannabis. “

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