2017 was the year when the cannabis industry in Lesotho got through significant changes. Lesotho became the first country in Africa to grant cannabis cultivation licenses and only in 2018 did international investors continue this path. Many companies contributing capital to Lesotho’s cannabis sector are listed on the New York stock exchange. Companies with multi-million-dollar income are partnering all over Lesotho with local businesses to grow, harvest, and ship Lesotho cannabis worldwide.
The cannabis industry is a $12 billion growing sector with the majority of cultivation in the USA. However, Lesotho is a perfect place for cannabis cultivation and exportation, attracting investment capital from the EU. The country is based inland in the mid-south-eastern region of Africa. This is a gorgeous, mountainous region surrounded by several South African provinces. Moreover, Lesotho holds its position among the world’s top 10 highest elevation regions, offering a better product than most cannabis-producing countries.
Excellent conditions for cannabis growth, along with land and labor availability attract major players in the cannabis production industry for EU GMP exportable products. Thus, Canada and UK export companies are already major stakeholders in several of the region’s largest cultivation and production establishments.
This is a unique opportunity to buy a MEDICAL CANNABIS CULTIVATION LICENSE that includes the following:
- Cultivation license;
- Approval for manufacturing medical marijuana products;
- Medical cannabis testing;
- Research;
- Transportation and supply of cannabis.
As it was mentioned, Lesotho is the first African country to legalize the commercial cultivation of marijuana for medicinal purposes since 2017. Currently, it is the only African country with an International Narcotics Control Board quota to supply cannabis oil abroad for medicinal purposes. No more country has a permit to move cannabis products outside its borders without the authority and quota from the INCB. The INCB stipulates that all countries that it has allocated production and export quotas to be compliant with its strict rules of monitoring and evaluating licenses to guarantee they are not working for illegal purposes.
Overview of a medical cannabis cultivation license for sale
A purchaser can lease 8 hectares of land in Lesotho. The lease can be valid from a few months to 99 year period. It is close to the international airport which means easy access to foreign markets. If you are interested in this medical cannabis cultivation license for sale, please contact us for further information.
You can see other offers for sale in the category “Agriculture industry”.
