Tiny Lesotho looks to become African staging ground for medical marijuana businesses

A landlocked nation in southern Africa is on the cusp of opening major medical cannabis opportunities both domestically and internationally, provided government and businesses overcome near-term obstacles.

The opportunity for Lesotho’s economy is “transformative” – provided it can become a supplier of medical cannabis and ancillary services to other countries in Africa where medical cannabis laws are in the works, such as Ghana, South Africa, Zambia, Zimbabwe and Swaziland, industry officials said.

Being the first country in Africa to regulate medical cannabis has already put Lesotho on the map for international investors.

A little-known law – the 2008 Drugs of Abuse Act – set the stage for the MMJ industry in Lesotho.

But it wasn’t until the last couple of years that…

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