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

CANNABIS INDUSTRY 

BREAKING  NEWS

UK Cannabis Company Eden Pharma Has Bold Ambitions in Uganda

UK Cannabis Company Eden Pharma Has Bold Ambitions in Uganda

London-based Eden Pharma says it has 5 000 acres of licensed land in Uganda to cultivate cannabis and says its project will add percentage points onto the East African country’s GDP.

Stephanie Price, Cannabis Wealth

25 October 2022 at 07:00:00

Cannabis Weath’s Stephanie Price reports that London-based Eden Pharma is investing heavily in a Ugandan cannabis project.


The Eden Uganda project is fully licensed by the Ugandan government the 5 000 acre site is expected to produce important research on cannabis and the industry, as well as large amounts of raw material CBD and cannabis for use in markets across the world.


Eden Pharma has projected that the project will increase the GDP of Uganda by 3 per cent.

A spokesperson for Eden Pharma commented: “The joint venture in Uganda has opened up Eden Pharma to significant development opportunities that will solidify the years of hard work Eden’s team has put into it.


“Eden Pharma will be an exceptional vertically integrated company delivering for its customers and stakeholders alike.”


The company has stated that the project involves building a community for the local people, creating jobs, boosting the local economy and increasing quality of life. According to Eden Pharma, the community will include infrastructure such as research labs, pharmacies and an airport.


It has also stated it intends to employ 100 per cent Ugandan people within three years following completion of the Eden Uganda project.


A documentary showcasing the land in Uganda entitled “The Garden of Africa” is currently in production.


Eden Pharma also recently announced its successful listing on the MERJ Exchange.

The company listed on 25 May 2022, with its Market Capitalisation upon listing circa £650m, and its share price closed on its first day of trading at £25.50. Change to Eden Pharma listed on the exchange with an opening price of £25.31 per share.


Trading in Eden Pharma shares has seen the share price rise by 15 per cent since listing, with the company valuation standing at over £770m. 


The Institute for Economic Justice has recommended that adult-use consumption of cannabis be legalized in South Africa in a regulated way and has Cosatu's backing.

Labour Throws Its Weight Behind Regulated Legalization of Cannabis in SA

The Institute for Economic Justice has recommended that adult-use consumption of cannabis be legalized in South Africa in a regulated way and has Cosatu's backing.

Unless Government comes up with a plan to protect South Africa's legacy cannabis growers, they will be sidelined for sure by cannabis reform in its current incarnation.

Rise of Sophisticated Illegal Cannabis Grow Ops and Government Policy Vacuum Push Legacy Growers into Poverty

Unless Government comes up with a plan to protect South Africa's legacy cannabis growers, they will be sidelined for sure by cannabis reform in its current incarnation.

President says legacy growers will not be excluded from cannabis reform and that Government is moving urgently to create a new regulatory environment.

SONA: The President's Got the Plot, Positive Indications He Will Deliver on Cannabis Reform

President says legacy growers will not be excluded from cannabis reform and that Government is moving urgently to create a new regulatory environment.

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