While cannabis remains illegal in most African countries, many nations are keen to embrace cultivation as a way to boost their economies.
Cannabis is already widely grown and consumed across the continent with production currently standing at around 38,000 tonnes and consumption rates at 13.2%.
While any path towards a legalised and regulated cannabis industry presents a number of significant challenges due to opaque laws and inconsistent enforcement, Africa’s climate, affordable land and low-cost labour offer enormous opportunities in a market that could exceed $US7.1 billion by 2023.
The report explores:
Commercial and business opportunities in 9 African markets
Legislation and the latest regulatory guidelines across the region
Emerging trends, market forecasts and industry insights