Cannabis summit in Cape Town pushing dagga business deals

Industry leaders, political figures, and medical and scientific experts from around the world have all gathered in Cape Town to discuss the business of cannabis.

RELATED: How dagga could become a cash cow for South Africa's economy

CannaTech, the world's premier cannabis summit, has been taking place at the V&A Waterfront this week where several commercial deals have been facilitated.

The summit has focused on how to accelerate Africa’s large-scale cannabis-growing potential, explains Hayim Raclaw of Israel-Cannabis (iCAN).

RELATED: Agbiz calls for research into how cannabis can grow SA's economy

Raclaw, the director of acceleration at iCAN, a cannabis investment platform, says Africa is the perfect place for a budding cannabis industry to grow.

This, he says is due to a combination of perfect climate conditions, the continent's cultivation skills and legislative shifts in several regions.

He says close to 500 people from 22 countries have attended the summit, many of them are from African nations.

RELATED: First commercial dagga licence granted to Stellenbosch farm

Israel-Cannabis (iCAN) is a cannabis acceleration and strategic investment platfrom. The base of that platform is CannaTech, the global conference.

Hayim Raclaw, Director of Acceleration - iCAN

The conference brings together decision-makers and thought leaders in the global cannabis industry.

Hayim Raclaw, Director of Acceleration - iCAN

The research epicentre for cannabis is Isreal, where we are based.

Hayim Raclaw, Director of Acceleration - iCAN

Promoted conversations are leading to deals happening in cultivation of the continent.

Hayim Raclaw, Director of Acceleration - iCAN

Listen to the discussion with Melanie Rice:


This article first appeared on CapeTalk : Cannabis summit in Cape Town pushing dagga business deals


Recommended

by NEWSROOM AI
Read More
Authorities go after illegal cannabis products making 'outlandish health claims'

Authorities go after illegal cannabis products making 'outlandish health claims'

Businesses that are making money from the cannabis craze are breaking the law, warns medicines regulator SAHPRA.

Cannabis could take SA's economy to new heights, says Wits professor

Cannabis could take SA's economy to new heights, says Wits professor

Dagga could become a cash cow for South Africa's economy. An economist maps the history and potential future of the plant.

Online platform 'Kush Kush' caters to women who use cannabis products

Online platform 'Kush Kush' caters to women who use cannabis products

What is CBD? How do you roll a joint? The platform is dedicated to women who consume cannabis and are curious to learn more.

Agbiz calls for research into how cannabis can grow SA's economy

Agbiz calls for research into how cannabis can grow SA's economy

The Agricultural Business Chamber says it's high time that South Africa catches up with the rest of the world on cannabis trade.

Cannabis expo ready to take SA's dagga industry to new heights

Cannabis expo ready to take SA's dagga industry to new heights

Organisers say that the expo is open to all both trade and consumer visitors interested in the potential of the cannabis industry.

Popular articles
[UPDATE] No fatalities in N1 north bus fire

[UPDATE] No fatalities in N1 north bus fire

Passengers and JMPD give details of what led to the fire on the bus.

[VIDEO] Real estate company surprises employees with R740,000 bonus each

[VIDEO] Real estate company surprises employees with R740,000 bonus each

Khabazela shares tweets and Facebook posts that have gone viral.

[VIDEO] Dad accidentally dunking baby in 20-inch snow goes viral

[VIDEO] Dad accidentally dunking baby in 20-inch snow goes viral

Khabazela shares tweets and Facebook videos that have gone viral.

[WATCH] Baby saved from falling off counter while mom shops for a gun goes viral

[WATCH] Baby saved from falling off counter while mom shops for a gun goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

'Centurion was built in a floodplain, that's the problem,' says environmentalist

'Centurion was built in a floodplain, that's the problem,' says environmentalist

Water and Environment specialist Professor Anthony Turton says Centurion Lake has always been a controversial development.

[WATCH] Woman sharing her most embarrassing moment at parking lot goes viral

[WATCH] Woman sharing her most embarrassing moment at parking lot goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Guy asking Siri to change name it calls him has social media in stitches

[WATCH] Guy asking Siri to change name it calls him has social media in stitches

Khabazela shares tweets and Facebook posts that have gone viral.

Did you know? SA exports electricity to seven countries in Southern Africa

Did you know? SA exports electricity to seven countries in Southern Africa

Senior Researcher at Africa Check Kate Wilkinson shares their latest from their fact-finding missions.