Investing in cannabis in South Africa

Investing in cannabis in South Africa

The introduction of the licencing framework for cultivation and manufacture of medicinal cannabis opens new investment opportunities in South Africa. The Western Cape region in particular has already attracted significant investor interest based not only upon its strength in agriculture, but also because Cape Town is fast becoming Africa’s leader in pharmaceutical research and development, as well as health- and biotech. The Western Cape is home to four world class universities, making it a hub in Africa for skills and innovation. Learn more about legal frameworks and related opportunities in this publication.

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The Wesgro Investment Promotion Unit provides a free and confidential service to help you establish and grow your business in Cape Town and the Western Cape. Our team of expert Portfolio Managers have more than 40 years of combined experience in supporting new investors commercialise their businesses in the region, and in helping established businesses grow and expand.

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