High hopes cannabis industry can boost Western Cape’s economic recovery

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High hopes cannabis industry can boost Western Cape’s economic recovery
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There are high expectations from the provincial department of agriculture that the Western Cape can set itself up as a value chain hub of cannabis production in a bid to aid economic recovery.

He said a value chain approach in developing the cannabis industry has the potential for income generation, job creation and skills development and will also lead to diversification of the economy and thus increase economic growth and alleviate poverty.

When the DALRRD presented its cannabis master plan to parliament in August, Minister Thoko Didiza said her department estimated that the cannabis industry in South Africa could create anywhere between 10 000 to 25 000 jobs across the sector. Meanwhile, the Land Party manifesto for the local government elections pledged that if the party won, all South Africans would be encouraged to grow cannabis and hemp and manufacture hemp products.Other proposals include that fishing be made compulsory in fishing communities so that it serves as a source of food, making a living, and boost community development.

The party is also calling for the decriminalisation of abalone poaching in order to make abalone a source of wealth for communities.

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