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South Africa to Legalize Medical Cannabis

South Africa to Legalize Medical CannabisSouth African Minister for Health, Aaron Motsoaledi, just announced that preparations containing cannabidiol has been removed from being scheduled in terms of the Medicines and Related Substances Act of 1965. However, this exclusion will last for only 12 months. Consequently, South Africans have hailed the legalization of medical cannabis which will create opportunities for the citizens. While the Chief Whip of the IFP, Narend Singh lauded the move, he also mentioned that it was not a new idea.

Cannabidiol (CBD) is a natural occurring chemical compound in cannabis plant which is non-psychoactive. CBD has been tipped to possess numerous health benefits including its use in combination with other substances to treat stress, depression, chronic pain, anxiety, and much more.


Phoenix North Coast Cancer Support Group founder, Roy Sukdhev, believes there is a great potential in the compound, “It will open doors and lessen suffering. Medication and correct treatment is vital for cancer patients, the more that is available the better it will be. Regulations, controlled environments and registered outlines will need to be implemented to prevent fly-by-night businesses from taking advantage of this new opportunity and doing more harm than good.”

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South Africa to Legalize Medical Cannabis

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Can we start writing exclusively about Hemp-Only companies? These include the following: Charlotte’s Web, GW Pharma, CV Sciences, Canopy Growth, Elixinol, Organigram, GrowLife, Emerald Health, Neptune, Global Hemp Group. Also, please see the attached report with additional hemp only companies with analysis. It’s from last year so the data is not current but worth a look.

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Hemp Stocks to Buy