Swimming with Weed Sharks – Corporate Cannabis Carves Up the South African Marijuana Market

As soon as South Africa’s master plan got underway, varying merger corporate cannabis deals started to occur amongst industry players. For example, in May, Labat Africa offered R11.25 million ($816 000) to get a 75% stake in Leaf Botanicals.  Now Leaf Botanicals is one of the local companies with a cannabis production license given by the South African Health Products Regulatory Authority. 

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