A new cannabis processing facility is to be established at Labat’s Sweetwater Aquaponics cannabis farm A new cannabis processing facility is to be established at Labat’s Sweetwater Aquaponics cannabis farm The 50/50 joint venture will be between the group’s wholly-owned subsidiary, Labat Healthcare Propriety Labat says it hopes to start construction in November 2022. Since the dual listing of Labat in Frankfurt in December 2021, Labat has been regularly approached by

Labat drops R25 m in 6 months to February 2022, roadshow to raise more money Labat drops R25 m in 6 months to February 2022, roadshow to raise more money 5 June 2022 at 22:30:00 Brett Hilton Barber Labat drops , the proceeds of which will be to expand Labat’s Eastern Cape operations. According to the February 2022 financials, Labat’s shares were valued at 18 cents. Labat believes it is owed R17 m by the Receiver. .

Labat CEO Brian van Rooyen has resigned as CEO of the JSE-listed group as it announces a shift in strategy Labat CEO Brian van Rooyen has resigned as CEO of the JSE-listed group as it announces a shift in strategy Labat chairperson. The board shuffle follows the lifting of the suspension in the trading of Labat shares by the JSE, a These recent decisions made with the future of Labat Africa in mind.

JSE says listing may be suspended if Labat does not produce a provisional financial report by Friday, JSE says listing may be suspended if Labat does not produce a provisional financial report by Friday, 30 September 2022. 26 September 2022 at 08:00:00 Cannabiz Africa JSE-listed cannabis company Labat has The JSE put out a SENS statement on 15 September 2022 alerting shareholders that Labat had “failed to This is the third time in the last two years that Labat has missed its financial deadlines.

Labat Africa says it rolled out 20 CannAfrica franchise stores in the last year and that, despite its Labat Africa says it rolled out 20 CannAfrica franchise stores in the last year and that, despite its is growing. 12 June 2024 at 06:00:00 Cannabiz Africa In a statement issued on SENS on 10 June 2024, Labat Labat says that despite the share illiquidity it has still managed to expand its operations. READ ALL CANNABIZ AFRICA’S NEWS COVERAGE OF LABAT HERE. PREVIOUS NEXT What Sets Us Apart ?

Labat Africa’s historical losses are coming to light as the JSE-listed company gets its books up to date Labat Africa’s historical losses are coming to light as the JSE-listed company gets its books up to date navigate unfavourable regulations. 18 December 2024 at 11:00:00 Brett Hilton-Barber, Cannabiz Africa “Labat Labat Africa finally released its financial statements for the years ending 31 May 2023 and 31 May 2024 Labat has also changed its company secretary earlier this month.

New year has bought good news for Labat Africa. New year has bought good news for Labat Africa. This perspective on Labat Africa from Business Day, published on 1 January 2025. Logistics and Labat Fuel and Supply operations in February. Co-founded by Van Rooyen and Victor Labat, who passed away in April, Labat was one of the first BEE companies

Cannabiz Africa The Johannesburg Stock Exchange has suspended the listing of cannabis-focused company Labat Labat shares were trading at 0,07 cents before the suspension, down from the 1.2 cents/share offered to minority partner Herschel Maasdorp in order for Labat to own 100% of Cannafrica. The JSE warned Labat earlier this month over its late financials. Click here, to advertise your brand, product and or service JSE Suspends Labat For Late Financials

Labat Africa has set up Highly Creative Consulting which will specialize in helping African countries And Labat Healthcare’s Herschell Maasdorp has warned South African producers to avoid the wine industry Labat Africa has set up Highly Creative Consulting which will specialize in helping African countries And Labat Healthcare’s Herschell Maasdorp has warned South African producers to avoid the wine industry dilemma – under-pricing for the international market. 8 June 2023 at 15:00:00 Cannabiz Africa Labat

The JSE says Labat has until end-October 2022 to submit its latest annual report or its listing may be The JSE says Labat has until end-October 2022 to submit its latest annual report or its listing may be suspended. 6 October 2022 at 04:00:00 Cannabiz Africa The JSE says it is advising shareholders that Labat Cannabiz Africa understands that Labat is struggling to consolidate its financials after nine months Click here, to advertise your brand, product and or service JSE Warns Labat to Submit Annual Financials

Labat has shifted the focus of its Sweetwaters cannabis cultivation facility away from exports to servicing Labat has shifted the focus of its Sweetwaters cannabis cultivation facility away from exports to servicing Labat reported historical losses of R272 million in its annual report but directors are confident it Labat says its being ‘pro-active on the regulatory front Van Rooyen says “Labat has remained proactive “Labat continues to monitor developments closely, adapting its strategies to maintain compliance and

Labat has confirmed to shareholders on 30 November 2022 that it lost R34 million in the nine months ending Labat has confirmed to shareholders on 30 November 2022 that it lost R34 million in the nine months ending cannabis market in a new venture early in the new year. 5 December 2022 at 10:00:00 Cannabiz Africa Labat See Labat's financials here. Labat says that “revenue generating activities have been increasing month-on-month” since the start of