The Lookout, V&A Waterfront
- Africa is asserting itself as a higher-possible emerging area for substantial-scale cannabis develop operations.
- As worldwide demand for cannabis increases, Africa’s legal cannabis market is poised to grow to be a significant international exporter.
- African cannabis and related items industry anticipated to be worth $7.1 billion USD by 2023.
- With abundant land, an knowledgeable labour force and climates conducive to cannabis cultivation, regional and international investors are at present jockeying for position.
Tel Aviv, October 24, 2019…As the worldwide healthcare cannabis industry continues to expand and growing numbers of nations about the globe legalize its use, like all through Africa, the international CannaTech Summit will take location for the initially time on the African continent in Cape Town, November 24-26.
CannaTech Cape Town will bring collectively market leaders from across Africa and about the planet identified for their considerable and ground-breaking contributions to the worldwide healthcare cannabis market in all fields.
The Summit will cover the most present market subjects like Agricultural Tech and Innovation, Business enterprise and Finance, Policy and Regulation, Science and Medicine.
Various African nations, like Lesotho, Zimbabwe, Uganda and Swaziland are important and developing players in the exploding cannabis trade. According to Prohibition Partners, the cannabis and related items industry could be worth $7.1 billion (USD) by 2023 all through Africa and the area, led by South Africa, is experiencing a boom in regional cannabis license application and investment.
“Africa is on the verge of a green revolution. The continent has a significant chance to participate in this burgeoning worldwide market and, in turn, assistance sufferers in want about the planet. The reality that top market figures and scientists from the U.S., Canada, Israel, Europe, South America and Australia will participate in the CannaTech summit in Cape Town is testament to this understanding. As an individual born in South Africa, I could not be prouder to bring CannaTech to Cape Town,” mentioned Saul Kaye, Founder and CEO of CannaTech and iCAN: Israel-Cannabis.
See the CannaTech Cape Town website for schedule and speaker details.
CannaTech Platinum Sponsors are ground-breaking South African providers. Southern Sky is a cannabis enterprise focused on cultivating, processing and distributing ideal-of-class strains and revolutionary associated items in Africa and globally. Goodleaf is devoted to cultivating wellness and unlocking the healing wonders of cannabis.
About iCAN: Israel-Cannabis
iCAN: Israel-Cannabis is constructing the Worldwide Cannabis Ecosystem. iCAN is committed to accelerate Israel’s Canna-Technologies market, capitalizing on Israeli innovation and a top cannabis regulatory atmosphere to bring premier items to industry. iCAN is powered by CannaTech, the premier international cannabis summit held annually in Tel Aviv, and about the planet like London, Sydney, Hong Kong, Panama and now, Cape Town.
CannaTech is the only Healthcare Cannabis occasion of its type with a worldwide concentrate that provides senior market leaders, healthcare and scientific specialists, and new ventures the platform to come collectively, drive innovation, type partnerships and market know-how exchange.