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Cannabis body in tight corner

The Parliamentary Social Cluster Committee has vowed to tighten the screws on medical cannabis licensing amid mounting concerns that alleged malpractices and corruption could contaminate and transfigure the country’s new found treasure-trove, with disastrous economic consequences. Lesotho became the first African country to legalize the cultivation, processing and sale of …

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Cannabis to fetch M8bn

Oil extracted from locally grown medical cannabis is expected to sell at up to M8-billion in Canada where it has been exported to by farming company Medigrow Lesotho which has just made its first harvest, in what is arguably an unprecedented milestone by Lesotho’s standards. The company, which is licensed …

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Cannabis – New Hope for Lesotho’s Economic Growth

Lesotho’s new hope for economic growth is fast becoming cannabis production, with Finance Minister Dr Moeketsi Majoro describing the cannabis industry as a “wonderful initiative.” This he said during presentation of the national budget on Tuesday (12/03/2019), after confirming the Government of Lesotho was  broke. During a question and answer …

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