Dozy SA missing the hemp harvest

05 July 2020 - 05:05 By CHRIS BARRON

Brian van Rooyen, founder and CEO of investment holding company Labat Africa, says the cannabis industry has grown so fast that the regulatory authorities "just can't cope" and SA is lagging behind in the development of cannabis for medicinal use.

Labat is the only JSE-listed stock in cannabis. Van Rooyen says the department of trade & industry has estimated that a deregulated cannabis industry would be worth R27bn-R30bn by 2022...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.