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Africa|Industrial|Manufacturing|Manufacturing |Products
Africa|Industrial|Manufacturing|Manufacturing |Products
africa|industrial|manufacturing|manufacturing-industry-term|products

THE OTHER GREEN FINANCE

23rd September 2022

By: Darlene Creamer

     

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When medical cannabis-focused special-purpose acquisition company Cilo Cybin Holdings debuts on the JSE later this year, it will reportedly be Africa’s first such listing. The company will seek about R2-billion, which will be used to acquire and expand an existing cannabis manufacturing facility in Pretoria. Meanwhile, JSE-listed venture capital company Labat Africa is also advancing its plans in this area, having recently signed a memorandum of understanding with the Council for Scientific and Industrial Research to fast-track implementation of various cannabis-related products. High finance, indeed.

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