African cannabis investment delegation heads to Canada and USA

Afriplex, key cannabis role players in South Africa, and the SA government are arranging a virtual trade delegation to Canada and USA.

The delegation is led by Danie Nel, director and founder of Afriplex, and supported by the South African Embassies in Canada and USA.

The theme of the event is:

Expert Guide on Cannabis Investment Opportunities in Africa

African cannabis investment
Since Lesotho first legalised cannabis use in 2017, Africa’s legal marijuana industry has grown rapidly, leapfrogged trends, and is now projected to be worth as much as $7.1 billion by 2023

Growth and investment in the legal cannabis sector

Since Lesotho first legalised cannabis use in 2017, Africa’s legal marijuana industry has grown rapidly, leapfrogged trends, and is now projected to be worth as much as $7.1 billion by 2023. About ten African countries have now legalised cannabis, with Morocco being the latest.

Arable cropping conditions, affordable labour, and proximity to markets are just some of the factors driving growth and investor interest in this sector, with a recent value shift from cultivation towards product sophistication, delivery, research, and development, and a focus on full value-chain investments to minimize risks.

Topics to be covered

•    Why invest and why now?

•    Emerging trends and opportunities

•    South Africa Regulatory framework and trends

•    Technological advances

•    Investment Opportunities and future cannabis leaders

•    Alternative Funding Options

Join business, policy and thought leaders on a step-by-step guide to navigating Africa’s accelerating Cannabis industry like a pro at the webinar scheduled for 9 November, 12 p.m. to 2 p.m. EDT.

Register for free to secure your spot and avoid disappointment.

Afriplex is based in South Africa and has excess of 20 years’ experience in cultivation, pharmaceutical manufacturing, botanical extraction processes and medical cannabis.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za