According to research conducted by Prohibition Partners, the South African marijuana industry could be worth as much as R27bn by 2023.
However the sector has a significant amount of work to do before it attracts mainstream finance and finance skills to help it develop capacity.
Investors interested in the sector, might find the video below interesting. In this report, Prohibition Partners, breaks down the opportunity in the European market. The video is a report delivered by David Attwood and could serve as an interesting resource for South African investors looking to understand how the global market is developing:
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