Companies Italian who cheated Kenyans of Sh450m goes to HarareMr Carl Esprey. “African Cannabis is a Toronto-based company incorporated in British Columbia in 2018 to deal in the production, cultivation, extraction and export of medical cannabis in multiple African countries,” the company said in market disclosures. The reverse takeover of Trius Investments, in an all-stock deal, could see African Cannabis position itself to benefit from the trading frenzy in marijuana stocks. African Cannabis says it is holding a medical cannabis licence in Lesotho and has entered into a joint venture with a Zimbabwean State-owned company in order to obtain a licence in that country. “African Cannabis is in discussion with multiple other countries in Africa to develop the industry and ultimately produce medical cannabis at multiple sites across the African continent,” the company said.

Source: The North Africa Journal December 10, 2018 06:45 UTC