For Hoffmann, one thing is certain: There will be a strong demand for medicinal cannabis and even stimulants in the coming years, both in Germany and in the European Union. That's where Africa plays a crucial role.

South Africa is fast-tracking its emergence as a global leader in hemp and cannabis exports, backed by favorable climate conditions, regulatory reforms, and strong private-sector engagement. The government’s National Cannabis Master Plan is steering the sector from informal cultivation to a formal, export-driven industry.

Key developments include:

• Over 1,400 cultivation permits issued by the Department of Agriculture.
• 120 export licenses granted for medicinal cannabis by SAHPRA.
• Proposed increase in the THC threshold for hemp from 0.2% to 2%, aligning with global standards.

President Cyril Ramaphosa’s endorsement in his 2025 State of the Nation Address signals a strategic pivot toward industrialization and rural job creation. With support from initiatives like the Agro-Processing Support Scheme and trade access under AfCFTA, the sector is poised to become one of South Africa’s most labor-intensive export industries.

Original Source: CAJ News Africa

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