Highlands Investments was at the forefront of the country’s legalization process and was granted one of the first and largest trading licenses.
The company cultivates, processes, and packages high-quality THC and CBD cannabis flower for the production of medical-grade cannabis products, and in 2021, was behind what was described as the world’s largest single legal cannabis export to date.
The 2022 African Cannabis Report stated that the total estimated size of the legal African cannabis market was approximately $41m (R755m), driven by exports to international legal markets.
“Highlands was established with an initial investment of about $20m and meets global standards for medical cannabis cultivation,” said Norman Raad, chief executive officer of Broll Auctions and Sales.
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