Article – The Africa Report: Lesotho: Africa’s budding medicinal cannabis cultivation

Lesotho has launched its first contract scheme for growing medicinal cannabis, a sign of the boom in medical marijuana projects in Africa.

Highlands Investments, a cultivator of medical cannabis – tetrahydrocannabinol (THC) and cannabidiol (CBD) – is only able to sell and ship products to markets and customers who are legally entitled to receive products in their markets.

Therefore, according to Mark Corbett – the managing director of Highlands Investments, from Lesotho – THC medical cannabis output is generally bound for the EU and Australian markets, where medical cannabis is legal.

In January, Highlands launched Canna-Tract, which is billed as Africa’s first cannabis contract-cultivation scheme.

Clients pay either $180,000 per half hectare or $300,000 per full hectare upfront or in instalments, then contract Highlands Investments to grow commercial volumes of medical-grade cannabis at its two sites in Lesotho.

Cannabis Law Report Has Been Publishing Legal, Professional & Regulated
Cannabis News Daily Since 2016 – All For Free

We want to carry on providing the important cannabis sector
news for free for all our readers.

Costs are rising to produce Cannabis Law Report and we’d like to ask you,
our readers, for a small donation.


Primary Sponsor

New: Free USA Cannabis Case Law Search – New Cases Daily

Directory Categories

Sponsor – aBizinaBox

Top Marijuana Blog
%d bloggers like this: