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Tuesday, November 26, 2024

Western Cape Agriculture Department to boost and support local cannabis industry

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The Western Cape MEC for Agriculture, Ivan Meyer says his Department will now work even harder to boost and support the local cannabis industry.

Meyer this week visited the the Felbridge Cannabis Farm outside Stellenbosch.

He says the sector has enormous potential in developing SMMEs and attracting domestic and foreign investment.

The South African cannabis industry is estimated at R28-billion and can create between 10 000 to 25 000 jobs.

Meyer says the cannabis industry is global, and the Western Cape wants to create jobs in this growing industry.

Read MEC Meyer’s full statement here.

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