Unleashing the Potential of the Cannabis and Hemp Industry in South Africa

1 min read
c a

The South African government, in partnership with the Department of Agriculture Land Reform and Rural Development (DALRRD) and the Presidency, recently hosted a pivotal Phakisa Action Lab to address the untapped possibilities inherent in the cannabis and hemp sector.

Developing a Coherent Policy

Recognized as one of the fourteen priority sectors in the country’s investment strategy, this industry holds significant potential for job creation, rural livelihood sustenance, and the recognition of human rights. The Phakisa Action Lab convened more than 100 individuals, including government representatives, traditional and Rastafari leaders, scientists, legal professionals, and other stakeholders, to develop a coherent policy that supports industry growth.

Regulatory Reform

As a result of the Action Lab, participants achieved consensus on necessary regulatory reforms to facilitate the development of the cannabis and hemp sectors. By unlocking the potential of cannabis in various applications – from African traditional medicine and pharmaceuticals to industrial uses – the Phakisa participants envision a thriving industry.

Key Resolutions

One pivotal resolution from the Phakisa Action Lab involved the review of schedules in the Medicines Act, allowing further development of non-medicinal cannabis products. Consequently, the South African Health Products Regulatory Authority (SAHPRA) will oversee medicinal cannabis, and other government departments will regulate its industrial applications.

The Phakisa participants also sought to expedite the removal of cannabis from the Drugs Act, a historic decision that would legalize non-medicinal cannabis cultivation under the Plant Improvement Act, overseen by DALRRD.

Positive Impact

Tony Ehrenreich, a labor representative, applauded the Phakisa outcomes, emphasizing the potential for job creation and industrial growth. Additionally, Nhlanhla Ndlovu, a community representative, expressed his satisfaction with the Phakisa outcomes, highlighting the positive impact on relationships between the state and various communities involved in the cannabis and hemp sectors.

Investment Promotion

The Phakisa Action Lab concluded with an agreement on measures to promote investment in the sector, including scaling up support for existing Department of Science and Innovation (DSI) and Council for Scientific and Industrial Research (CSIR) projects, securing an optimal financing framework, deploying investment promotion and export support initiatives, and working with provinces to ensure alignment across government.

As South Africa embraces the potential of the cannabis and hemp industries, the Phakisa Action Lab’s outcomes represent a significant step toward an inclusive and prosperous future. By fostering collaboration among stakeholders and prioritizing regulatory reform, the nation is poised to capitalize on the vast opportunities present within this burgeoning sector.

A Russian-Spanish journalist and Cape Town native, channels his lifelong passion for South Africa into captivating stories for his local blog. With a diverse background and 50 years of rich experiences, Serjio's unique voice resonates with readers seeking to explore Cape Town's vibrant culture. His love for the city shines through in every piece, making Serjio the go-to source for the latest in South African adventures.

Leave a Reply

Your email address will not be published.

Previous Story

Taking Action on International Day Against Drug Abuse and Illicit Trafficking

Next Story

Celebrating African Excellence: The 11th All Africa Business Leaders Awards

Latest from Blog

The Anatomy of Violence Based on Gender in the Western Cape: A Continued Fight for Justice

The Western Cape Department of Police Oversight and Community Safety revealed that 89 cases of genderbased violence were dropped from the court roll in six months due to the ineffectiveness of the South African Police Services. However, the Court Watching Brief Unit aims to monitor and strengthen SAPS in tackling these issues, and the government has committed R1.6 billion to fund and implement an Emergency Action Plan on GenderBased Violence and Femicide. Despite these efforts, the fight for justice against genderbased violence continues in the Western Cape.

An Unexpected Turn in South African Football

South African football player Andile Jali is facing an unexpected career crossroad with speculation surrounding his possible retirement. Jali’s departure from Moroka Swallows was surprising, given his reputation and record in the DStv Premiership. His future in professional football remains uncertain as he deliberates his next step. Despite this uncertainty, Jali’s legacy in the football world remains an unwavering testament to his talent and determination.

An Invitation to My Cape Town Market Atlantis: A Celebration of Artisan Culture and Entrepreneurship

My Cape Town Market Atlantis is a vibrant celebration of artisan culture and entrepreneurship, taking place on May 4th and 5th, 2024. Vendors can apply for trading bays online or by collecting paper application forms from various locations. The market offers a platform for local artisans to showcase their talents, generate revenue, and interact with customers, while also providing entertainment for all ages. Spaces are limited, so apply now to be a part of this exciting event!

Unwavering Bond Between South Africa and South Sudan: A Path to Peace and Prosperity

South Africa and South Sudan share a strong bond built on mutual respect and shared struggles for freedom. President Cyril Ramaphosa’s recent visit to Juba, South Sudan’s capital, highlighted the enduring relationship between the two countries. Constructive dialogues between the leaders of both nations aimed at reinforcing their partnership across multiple sectors, particularly towards peace, development, and democratic governance. Progress towards peace in South Sudan is evident through the formation of unified security forces and the reestablishment of pivotal institutions, indicating the nation’s resolve for democratic processes and governance.

The Brilliance of Lewis Hamilton in Formula One

Lewis Hamilton is a British racing driver who has set records and won numerous Formula One championships. He has faced setbacks and controversies throughout his career but remains one of the most exceptional drivers in F1 history. Hamilton’s talent and commitment have solidified his legacy as a dazzling luminary in the chronicles of F1 history.