[LISTEN] Why there’s big money in the legal marijuana industry

It’s now legal in South Africa to grow and consume dagga for personal use.

Rastafarians smoke cannabis outside the South African Constitutional Court on 18 September 2018 before the ruling on the private use of marijuana is delivered. Picture: Thomas Holder/EWN

Dagga
Marijuana

CapeTalk | 1425 days ago

CAPE TOWN – The legal marijuana industry could generate up to $75 billion by 2030, according to analysts.

During an interview with CapeTalk radio, Jeremy Berke, a science and innovation reporter at Business Insider, discussed the huge economic boost of the rapidly growing legal dagga industry in the US.

Unathi Henama, a lecturer at the Department of Tourism Management at Tshwane University of Technology, says the legalisation will also be good for the local economy.

Listen to the audio above for more.