Highlands Investments Launches Africa’s First Contract Cultivation Offering In Lesotho

It all sounds fantastic with Highlands saying……

With Canna-Tract, companies can cultivate cannabis to their specific requirements under the care of Highland’s highly specialized team of agronomists, scientists, pharmacists and engineers, who take full responsibility for the growing, harvesting and processing of the cannabis flower. Clients can select or supply genetics and choose the final product form (flower or extract). The minimum grow commitment is 0.5 hectares. Various payment plans are available. Plants are RFID tagged and grown under net house to GAP requirements. Clients receive monthly grow reports and have access to 24-hour CCTV feed. After harvesting and processing the product is stored at Highlands’ warehouse until it is ready to be shipped to its final destination.

 

Our questions would be 

A) “Companies can cultivate cannabis”. What does this mean for local smallholders  who are a large part of Lesotho’s rural population?

B) We believe that our cost per hectare model will result in one of the lowest cultivation costs per gram today,” says Highlands Investments Managing Director, Mark Corbett. If the model produces such low cost cannabis – what are the farmers / contractors being paid?  Is it economical for the growers?

C) The sites are owned by Highland already, so it doesn’t look like  much of an opportunity for locals unless you have money to invest.

Sounds as though wealthy local businessmen/women will be able to buy in and then contract out the labor of the actual growing.. costs will be kept as low as possible so that Highland and the local businesses profit whilst labour gets little reward. Some might call this exploitation.

 

 

Here’s the Press Release

 

Highlands Investments Launches Africa’s First Contract Cultivation Offering

Highlands-Investments-logo-mg-magazine-mgretailer
Logo: Highlands Investments

CAPE TOWN, South Africa – “Canna-Tract is Africa’s first cannabis contract cultivation offering. Canna-Tract provides clients looking to grow commercial volumes of medical-grade cannabis the ability to do so without having to obtain a license or invest the significant capital required to ensure medical grade product. We believe that our cost per hectare model will result in one of the lowest cultivation costs per gram today,” says Highlands Investments Managing Director, Mark Corbett.

With its exceptional growing climate and low production cost, Lesotho is an ideal place to grow commercial volumes of cannabis. In 2017, Highlands Investments (formerly Canopy Growth Africa) was granted one of the first and largest licences by the Lesotho government to cultivate, manufacture, supply, import and export medical cannabis products including flower, oil, distillate and isolate.

Highlands has two sites in Lesotho; the main site is at Kolojane. Over $35 million was invested by Canopy Growth, the world’s largest cannabis company by market capitalization, to develop the sites, which are now wholly owned by Highlands. Each site includes state-of-the art growing, processing and packaging facilities that comply to international and local regulations. After three successful harvests, Highlands is now entering its fourth grow season, harvesting will take place in March/April.

With Canna-Tract, companies can cultivate cannabis to their specific requirements under the care of Highland’s highly specialized team of agronomists, scientists, pharmacists and engineers, who take full responsibility for the growing, harvesting and processing of the cannabis flower. Clients can select or supply genetics and choose the final product form (flower or extract). The minimum grow commitment is 0.5 hectares. Various payment plans are available. Plants are RFID tagged and grown under net house to GAP requirements. Clients receive monthly grow reports and have access to 24-hour CCTV feed. After harvesting and processing the product is stored at Highlands’ warehouse until it is ready to be shipped to its final destination.


About Highlands Investments
Highlands Investments is a diversified cannabis business. We cultivate, process and package high-quality THC and CBD cannabis flower for the production of medical grade cannabis products. The quality of our cannabis has been verified by independent laboratory tests and is produced in state-of-the-art facilities at substantially lower costs than our international peers. https://highlands-investments.com

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