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The company, which has been listed for 25 years, has acquired 70% of a seeds and genetics business known as Knuckle Genetics, which produces “high-quality cannabis flower, oils and concentrates with a very high (more than 20%) THC content for the export market”. The deal is worth R4-million.

At the same time, it has acquired a licence to “cultivate, manufacture, supply, hold, import, export and transit cannabis in the Kingdom of Lesotho”. Further details about this will be “announced in due course”.

 

https://techcentral.co.za/jse-now-has-a-listed-cannabis-stock-as-labat-turns-to-pot/92357/

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