Video Report: Israeli Investors Spark African Cannabis Business Boom

Among other African countries joining in, South Africa is seeing a huge boom in their cannabis industry, as Israeli eyes are looking to invest big and donate part of their profits to help the local communities.

By i24NEWS

 

Low labor costs, minimal regulation, sufficient water supply and excellent weather conditions have attracted Israeli medical cannabis industry leaders to several countries in Africa.

Cannabis greenhouse – Screenshot: Israel’s i24NEWS video report

By paying local workers over twice the average monthly income, and guarantees to reinvest part of the profits into the local medical system, authorities are welcoming the cooperation with the Israelis to spur their economies.

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Watch this interesting & informative video report from Israel’s, i24News:

 

 

 

 

 

 

 

 

 

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