SA firm aims high in budding cannabis industry with R300m investment from a US company
JSE-listed industrial cannabis investment business Labat Africa has announced that it has scored a R300-million investment from US company GR Global Ventures (GRGV).
"We are pleased to have a very high-quality, sector-focused, US-based institutional investment group as one of our key stakeholders. As Labat Africa continues to mature in the personal healthcare and industrial cannabis industries, a partner such as GRGV is a key component to supporting our winning efforts," CEO Brian van Rooyen said in a statement. https://24cc614a1835ee1c526b4e1b699d01e3.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html
The black-owned cannabis holding group …