“Dagga the next big thing for African economy”

Written by on January 4, 2018

A UN based magazine which tracks the global movement towards the legalisation of cannabis believes that if dagga is grown and exported legally across the African continent, the economy could see up to R983 billion in profits.

Dope magazine maintains that smallholder farmers will benefit the most from such an initiative – given that it is legalised.

This is based on the fact that they would be able to control the market price of the dagga they grow.

According to a UN survey, 19 out of 53 African countries have produced 10 500 tons of cannabis each year since 2005.

On a global scale, this makes up 25% of the total cannabis production.

The study also showed that roughly 38.2 million African adults make use of cannabis each year.

Dope believes that Lesotho’s latest decision to allow Verve Dynamics, a South African company that produces botanical extracts, to manipulate cannabis for medical purposes, is a step in the right direction.

“This is the first time in Africa that cannabis has been viewed as a source of revenue instead of a criminal activity, and it’s about time,” says Dope.

The Western Cape High Court ruled that the use and cultivation of dagga at home is constitutionally legal.

However, the law has not yet been amended by parliament.

Therefore legal cannabis use is still contested.



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