SA Landraces with Cannabis Plants. and species-min.png

CANNABIS INDUSTRY 

BREAKING  NEWS

JSE Warns Labat Once Again Over Late Financials

JSE Warns Labat Once Again Over Late Financials

JSE says listing may be suspended if Labat does not produce a provisional financial report by Friday, 30 September 2022.

Cannabiz Africa

26 September 2022, 08:00:00

JSE-listed cannabis company Labat has been warned by the JSE to produce a provisional financial report by the end of this week – or it may be suspended.


The JSE put out a SENS statement on 15 September 2022 alerting shareholders that Labat had “failed to submit its provisional report within the three month period stipulated in the JSE’s listing requirements” and gave it two weeks to correct the situation.


“Accordingly, the company’s listing on the JSE trading system has been annotated with a "RE" to indicate that the company has failed to submit its provisional report timeously and that the listing of the company’s securities is under threat of suspension and possible removal.


This is the third time in the last two years that Labat has missed its financial deadlines. The group posted an operating loss of R24,9 million in unaudited results for the six months ending in February 2022.

Trend-setting conference exposed as a fabrication, scammers lift money off potential exhibitors

Amsterdam Cannabis Expo Due This Weekend Exposed as the Latest Scam in the Industry!

Trend-setting conference exposed as a fabrication, scammers lift money off potential exhibitors

Africa's Biggest Cannabis Expo kicks off at the Sandton Convention Centre 18 - 20 November 2022

If You're in Gauteng, Get There: Africa's Biggest Cannabis Get Together This Weekend

Africa's Biggest Cannabis Expo kicks off at the Sandton Convention Centre 18 - 20 November 2022

Questions hang over Lamola's legal firm which was paid millions for a botched lottery investigation before he was made a Cabinet Minister

Is Justice Minister Ronald Lamola Secretly Opposed to Cannabis Reform? And Why Hasn’t He Come Clean About “White-washing” Fraud at a Drug Rehab Centre?

Questions hang over Lamola's legal firm which was paid millions for a botched lottery investigation before he was made a Cabinet Minister

5.cannabiz-africa Hemp -min.png

Cannabis in South Africa: The People’s Plant

We are a civil society organisation with the interests of the existing Cannabis industry and the Human Rights of ALL citizens at heart.

WE’RE BRINGING A NEW STANDARD

We are more than just a cannabis retail company. We are about a lifestyle that promotes vitality, balance & good health.

Resources & Equipment

Explore cannabis growing equipment for growing weed at home. 

Whether you’re just starting out, or you’re looking to enhance your outdoor or indoor weed grow setup – we have the perfect range of cannabis growing equipment to match your marijuana growing ambitions. 

Find everything from LED grow lights, grow tents, fans, and hydroponic setups, to environmental equipment and controls, harvesting accessories, extraction equipment and plenty more. 

Design your ideal cannabis growing setup with high quality growing equipment available in South Africa. 

Explore cannabis growing equipment we’ve curated from reliable online suppliers in South Africa