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South Africa's cannabis industry has the potential to generate substantial revenue and jobs, but faces regulatory uncertainty. Despite a 2018 court ruling legalising private use and cultivation, recent policy changes highlight the challenges of balancing economic opportunity with public health concerns. South Africa's experience offers valuable lessons for other countries considering cannabis legalisation.
The Presidency's repeal of the cannabis ban marks a significant turning point for South Africa's cannabis industry, paving the way for new opportunities and clearer regulations.