top of page
SA Landraces with Cannabis Plants. and species-min.png

CANNABIS INDUSTRY 

BREAKING  NEWS

Russian Group Armita Energy Keen to Invest in Malawi Cannabis

Russian Group Armita Energy Keen to Invest in Malawi Cannabis

The Malawi Investment Forum recently held a promotional summit in South Africa in which cannabis was the centre of attraction. Among the potential investors arising out of the meetings is the Armita Energy Tech, a group of Russian companies seeking to diversify into the African cannabis market.

Mike Van Kamande, Malawi 24

19 June 2023 at 10:00:00

Malawi’s Director General of the Cannabis Regulatory Authority says there’s keen interest from international investors in investing in Malawi cannabis, especially from South Africa and Russia. 


Speaking on the sidelines of the Malawi Investment Forum (MIF) summit at Emperor’s Park, Johannesburg, Gauteng on 25 May 2023, Ketulo Salipira said the CRA had been “bombarded with inquiries” and the purpose of the summit was to share information and provide a platform for cannabis investment in Malawi. 


Salipira had back to back meetings with a number of potential cannabis investors and said afterwards: “Malawi cannabis has a special place because of the climatic conditions that are favourable to the production of cannabis and the political stability apart from availability of human resource. We have serious investors and companies from Russia, South Africa among others who are ready to come and invest in Malawi.”


One of the potential investors is Vadim Fedder of Armita Energy Tech Pty Limited said he was able to get information that he has been unable to get in two months within ten minutes of being at the MIF.


“We are a group of companies in Russia looking for different opportunities especially in the cannabis industry and we have the capacity and technology to extract oils from cannabis with factories in Far East, Tajikistan, Uzbekistan among others. We will modernize the cannabis industry through mechanisation and work with small-scale farmers and cooperatives for a multimillion dollar investment,” he said.


Secretary for President and Cabinet Colleen Zamba said Malawi was widely known as an agro-economy but it had the potential to be so much more and cannabis exports held huge value.


“I would like to reiterate our commitment to our strategic and potential investment partners and implore you all to consider Malawi as your preferred investment destination,” she said.


In his remarks, Trade and Industry minister Simplex Chithyola Banda said Malawi wass glad that its cannabis had attracted so many potential and serious investors as this would change the narrative of the industry in Malawi.

The party says cannabis, like mineral resources, should be owned by the state and exploited for the benefit of the poor

EFF Calls for South African Cannabis Industry to be Nationalized

The party says cannabis, like mineral resources, should be owned by the state and exploited for the benefit of the poor

The President's Cannabis Consultant says the Plant will eventually be classified as an agricultural crop under DALRRD's regulation

Garth Strachan: Cannabis To Be an Agricultural Product That Could Contribute R6 B – R25 B to SA’s GDP.

The President's Cannabis Consultant says the Plant will eventually be classified as an agricultural crop under DALRRD's regulation

Only a handful of SAHPRA-accredited growers are actually exporting as the medicinal cannabis sector lags behind expectations

SA’s Medicinal Cannabis Sector in Trouble as ‘Grey’ Market Flourishes

Only a handful of SAHPRA-accredited growers are actually exporting as the medicinal cannabis sector lags behind expectations

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

bottom of page