Wesgro optimistic about investment potential of medicinal cannabis

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The Western Cape’s investment promotion agency Wesgro says it is optimistic about the potential offered by local production of medicinal cannabis, despite the slow pace of SA’s medicines regulator. Growing cannabis for medical purposes — be it for research or pharmaceutical production — requires a licence from the SA Health Products Regulatory Authority (Sahpra), but it has yet to issue any. Similarly, any medicinal cannabis products manufactured or sold in SA require approval of the regulator.

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