Kannaway expanding into South Africa

Kannaway, a subsidiary of Medical Marijuana Inc., is expanding into South Africa. The cannabidiol (CBD) market in South Africa has seen tremendous growth over the past year as South Africa de-scheduled CBD and made it possible for citizens to buy CBD products without a prescription in 2020. Recent reports from the Department of Agriculture, Land Reform, and Rural Development state that South Africa’s CBD market is currently valued at around 1.9 billion USD and could create more than 25,000 jobs. 

The company has hired Duduzile Mathole as Country Manager of the South African expansion. “Together, we can help keep people who want to use cannabis products safely and bolster the local economy with new business opportunities.”