Cannabis Industry | Delays in legislative framework hampering industrialisation, growth of sector

Cabinet has received a progress report on the development of the cannabis and hemp sector and the cannabis master plan as part of government’s strategy to industrialise the cannabis sector.

The cannabis industry in South Africa has the potential to create thousands of jobs and could be worth around R28-billion.

However, the industry still faces major hurdles.

It’s almost two years since President Cyril Ramaphosa promised in his State of the Nation Address to create the “enabling conditions for the sector to grow”, but not much progress has been made to create an enabling environment for all players to thrive.

To look at the state of the cannabis industry, we’re joined virtually by the Chairperson of the Portfolio Committee for Small Business Development Faiez Jacobs and an attorney and cannabis business consultant, Danmari Duguid.

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29 Comments

  1. @selatolemoshabane8624 on May 8, 2024 at 12:11 pm

    To create simple legislation to promote and regulate small scale commercial trade to private users is easy. You are not driven. Your responses are wishy washy



  2. @user-lj8bs9sy8l on May 8, 2024 at 12:12 pm

    This president is useless



  3. @user-lj8bs9sy8l on May 8, 2024 at 12:13 pm

    My weed is at most important



  4. @trucklord3901 on May 8, 2024 at 12:13 pm

    The Government doesn’t give a Shiiii about people!!! Give people Jobs!!!



  5. @shafiyaalgiquadra1105 on May 8, 2024 at 12:16 pm

    The opportunity is not available forever, other countries will dominate our markets before we can make any dent in unemployment with this lethargy.



  6. @user-hf4rh8jn2s on May 8, 2024 at 12:17 pm

    I ❀weed too😊 it can make jobs in south africa πŸ‡ΏπŸ‡¦ πŸ˜… we smoke it 😀 😎 eating it and it can help as people with epilim.



  7. @Brothersofweed_ on May 8, 2024 at 12:18 pm

    I’ve been in this industy since 2017 and have seen alot but the question I ask is how the stores are allowed to sell this product. #stoppayingthecops.



  8. @sandiletshaka9251 on May 8, 2024 at 12:22 pm

    Leanne lowkey seems like a potsmoker.



  9. @CBD-Life-South-Africa on May 8, 2024 at 12:22 pm

    Our investors already pulled out and invested into Australia, wasting many years while we wait, and lost jobs due to the implications etc.

    The Local industry is also littered with Fake so-called herbalist doctors selling weed illegally in a grey sector, further destroying the legitimate companies.

    We own 2 patents and they are worthless due to our government.



  10. @insanitywithin1 on May 8, 2024 at 12:24 pm

    Evil people



  11. @happytape307 on May 8, 2024 at 12:24 pm

    Preventing informal trade of a medicinal herb simply because there is a lack of a formal industry takes the food off of many tables in poor households.



  12. @shobiandrebasson7213 on May 8, 2024 at 12:28 pm

    What about growwers selling Cutting of the Cannabis Trees?



  13. @user-sy1wy6mn3z on May 8, 2024 at 12:31 pm

    Legal to grow my own 😊



  14. @junaidmuhammed5740 on May 8, 2024 at 12:32 pm

    3:21
    No hurry. They are still at the product testing stage.



  15. @anthonyafonso3599 on May 8, 2024 at 12:36 pm

    Let us grow our own



  16. @sburger1146 on May 8, 2024 at 12:41 pm

    Our slow leaders will make us lose out on this opportunity.



  17. @markmcculloch2570 on May 8, 2024 at 12:42 pm

    Same old story with anc. Can’t run a municipality. Never mind a country.



  18. @NathanZar on May 8, 2024 at 12:42 pm

    Create enabling conditions for ANC thieves only.



  19. @garyburner4362 on May 8, 2024 at 12:45 pm

    You can’t industralise the weed….



  20. @kennypillay3076 on May 8, 2024 at 12:47 pm

    Government still trying to figure out how to tax us to death on something that grows naturally. They controlled by large corps who do not have peoples interests at heart. They dont want small businesses to prosper. All sell outs.



  21. @ripshot2765 on May 8, 2024 at 12:48 pm

    What about Alphagram they have shops all over Cape Town selling thc



  22. @pakoramatlhatse38 on May 8, 2024 at 12:53 pm

    How does Tree of life able to sell buds while the system has prohibited people from selling



  23. @littvisuals on May 8, 2024 at 12:54 pm

    Pharmaceutical drugs and alcohol are the problem substances. It makes no sense to decriminalize cannabis but not allow a place of purchase. What about the people who live in apartments without gardens, do they become criminals for purchasing cannabis while those with space to grow are not criminals? The law is flawed and always going to be in the interest of those wanting to stack their pockets from the corruption & ridiculous tax laws to follow.



  24. @valsables5299 on May 8, 2024 at 12:59 pm

    I LOVE MY WEED. SMOKED IT AT THE SABC ALSO



  25. @Plbartie on May 8, 2024 at 1:06 pm

    People are still getting arrested for the plant. ACAB



  26. @shafiyaalgiquadra1105 on May 8, 2024 at 1:06 pm

    The ANC have so far given this opportunity to apartheid beneficiaries by locking it behind a paygate insurmountable to the supermajority of South Africans. A paygate of R1.5 Mil liquidity to be precise…😒



  27. @TFARM56 on May 8, 2024 at 1:06 pm

    grow 100 instead of 8 plaas poesta



  28. @pakoramatlhatse38 on May 8, 2024 at 1:10 pm

    18 September 2018 was better than 27 April 1994. SA decriminalising cannabis was the freedom we needed, we still need licenses to sell cannabis 😒. For the fact that the license is 5million is stressing and gatekeeping the plant from the public. Imagine if all those guys in the corners have a proper licence to sell.



  29. @casparsolomon9148 on May 8, 2024 at 1:10 pm

    creates 1000s of jobs but also creates a million junkies