Business News: High hopes for 'saviour' cannabis and its potential

Business News: High hopes for 'saviour' cannabis and its potential

- Jason Law says that cannabis producers in South Africa are concerned that international companies are moving in on valuable land

- Law says a region in the Eastern Cape is set to become the most valuable agricultural soil in the country

- However, the landscape expert is adamant that it should remain in local hands

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Director of Cannabis Development Council of Eastern Cape, Jason Law, says that international companies are eyeing some of the most remote areas of the Transkei, with the area expected to become valuable agricultural land.

Referring to land near Port St Johns, and a triangle of land between Lusikisiki, Ntabankulu and Libode, Law says that a certain strain has grown accustomed to the harsh climate.

Law feels that, once legislature catches up, the region will be worth a fortune and international countries are already closing in:

“Our problem has shifted from protecting our members from police harassment, to the far greater threat of international consortiums intent on effectively stealing the land. Once cannabis or hemp, as it is more popularly known, is given its rightful place as a wonder product, the per-hectare price of land will soar."

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DispatchLIVE reports that Law is determined to prevent this from happening, commenting that:

“The rightful historic owners cannot be allowed to be duped out of their birthright by unscrupulous companies offering what may seem like high prices, but are effectively the modern-day equivalent of brandy, beads, cloth and mirrors. They want not only the land, but the genetic material.”

The Cape Town University of Technology graduate, armed with a landscape technology degree, has worked with the hemp-growing communities for years.

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He feels that the plant should be seen as a 'saviour plant', with the capacity to change the lives of the Eastern Cape people.

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