Cited in boardrooms, legal proceedings & government briefings since 2017

While cannabis remains illegal in most African countries, many nations are keen to embrace cultivation as a way to boost their economies.
Cited in boardrooms, legal proceedings & government briefings since 2017. Our figures are built to be defended — sourced, modelled and signed off by PP’s analysts.
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While cannabis remains illegal in most African countries, many nations are keen to embrace cultivation as a way to boost their economies. It combines PP’s proprietary market sizing with regulatory analysis, giving investors and corporates a single, citable reference — delivered digitally, licensed for internal use, and backed by the analysts who built the numbers.
delivery format
2019
published
Although widely grown across the continent, indeed Africa is estimated to produce at least 38,000 tonnes of cannabis per year, cannabis is illegal in most African countries. High unemployment rates and a global decline in demand for tobacco crops has hitthese economies hard. However, the region has a wealth of experience in cannabis cultivation; despite its illegality, many agricultural workers have turned to cannabis farming as the only way to earn enough money to provide for the basic needs of their families. With affordable land, low-cost labour and an experienced agricultural workforce, Africa offers enormous opportunity to local start-ups and foreign companies looking to expand. However, an inadequate healthcare system means that even if medicinal cannabis were to be legalised across the continent, access to products could be significantly thwarted without the support of the NGOs, charities and other donors who provide a significant proportion of the region’s healthcare supplies. Any path towards the inauguration of a legalised and regulated cannabis industry will present challenges similar to those seen in more mature markets like North America. The laws governing cannabis use in Africa are both opaque and open to interpretation.However, one guarantee of success in Africa will be found in ensuring the safe and formal accessibility of cannabis-medications for those patients in need. Market Overview
Investors & analysts
Defensible sizing and forecasts to underwrite the thesis.
Corporate strategy & FMCG
Opportunity sizing and entry routes across key markets.