Africa’s Legal Cannabis Market Could Be Worth Over $US 7.1 Billion Annually by 2023 – Prohibition Partners

LONDON, March 21, 2019 /PRNewswire/ — Africa’s legal cannabis industry could be worth more than $US 7.1 billion annually by 2023 if legislation is introduced in a number of the continent’s major markets, European-based market intelligence and strategic consultancy firm Prohibition Partners has found in its latest report, released today. The African Cannabis Report™ – the first detailed report on the legal cannabis industry in Africa, finds that the continent could reap significant rewards through the legalisation of cannabis. The report includes detailed market value forecasts, regulatory timeline analysis, consumption data and healthcare analyses for nine key markets, including Lesotho, South Africa and ...

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