HAVING SPENT 25 years working with high-growth startups as a Chartered Accountant, Mark Corbett, the Managing Director of Highlands Investments, found himself working with a cannabis company based in Lesotho, a landlocked kingdom encircled by South Africa.
“I was intrigued by a category that was causing so much disruption across multiple industries including healthcare, consumer brands, tobacco, alcohol, and agriculture. I felt it was a once-in-a-lifetime opportunity to be part of this evolution and play a role in what is essentially the end of another prohibition.
“I am also a very firm advocate for the move away from lifestyle medications like opiates to more sustainable plant-based medicines like cannabis and psilocybin,” Corbett tells FORBES AFRICA.
With a new career in medical cannabis, he has found it to be equally exciting and frustrating. “Excitement because of the obvious opportunity to both change the way consumers engage with plant-based medicine and to generate much-needed employment and growth in markets like Africa; frustration because legislation and regulators around the world are moving unbelievably slowly to legalize and formally regulate the industry. This allows the black market to thrive and prevents patients from having access to standardized, regulated and clinically-tested medicines.”
Lesotho began paving the way for the cannabis market in 2017 and was one of the first African countries to grant licenses for the cultivation of cannabis for medical and scientific purposes.
Diese Geschichte stammt aus der October - November 2021-Ausgabe von Forbes Africa.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October - November 2021-Ausgabe von Forbes Africa.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
HIP-HOP'S HOTTEST HUSTLER
The Memphis rap star runs one of the biggest music labels, owns a piece of an MLS team and is looking to expand his empire like his billionaire mentor Jay-Z. But first, he's going to business school.
Kigali Triennial, The Ambitious New Event On The African Cultural Calendar
Rwanda has rightly earned the nickname of \"a land of a thousand hills and a thousand and one opportunities\" because of the country's impressive economic progress. However, after the recently-concluded celebration of arts which was the inaugural Kigali Triennial festival, you can now add culture to the list of things the country offers for tourists and investors.
The dark Side of AI
There is a thin line between innovation and abuse. A look at how large language models (LLMs) are making cyber-criminals even better at mastering the art of deception.
Gene Gamechanger
Disease-resistant crops? Cows that can withstand climate change? Here's how CRISPR is already transforming the continent, and why building a network of skilled scientists can help position Africa as a key global contributor in this frontier of crop development.
Women Empowerment And Transformation In Mining: A Distinctive Perspective
GMDC is a mining company that specializes in tungsten (wolfram) and operates in the city of Kigali, Nyarugenge District, Mageragere Sector.
How The Mining Sector Contributes To Community Development Initiatives
It plays a significant role in Rwanda's overall development, contributing to infrastructure, job creation, health, education, and even environmental conservation. It's not just about extracting resources; mining is mandated to build up the communities and nation alongside its operations.
Reflecting On 2023 Milestones And A Look Ahead
Last year solidified Rwanda's position as a prime African mining investment destination and a burgeoning hub for mineral value addition. What will 2024 hold?
Rwandan Mining Regulator Unveils Three-Year Mineral Exploration Campaign
A holistic approach to responsible mineral resource management in the country.
TASTING SUCCESS
Paul Siguqa has had an unlikely journey in the wine business in South Africa. His mother worked in the vineyards as a laborer during the apartheid era and now, his fully black-owned wine farm sells premium products.
Creating Stronger Communities In Africa Through Digital And Financial Inclusion
In Sub-Saharan Africa, a silent barrier to economic inclusion and social mobility persists: one in four adults lacks identification, according to a World Bank report.