Lesotho is now more than ready to become one of the world’s largest exporters of medicinal cannabis oil, which is now in high demand across the world because of its healing abilities.
The medicinal cannabis craze in Lesotho has fully taken flight and if everything is handled well, Lesotho is poised to become one of the world’s largest exporters of medicinal cannabis oil.
Some few days back, a British firm opened a processing plant in Lesotho for the processing of medicinal cannabis. King Letsie III took centre stage at the opening of the Verve Lesotho cannabis processing facility, at an extravagant event headlined by investors lining up to get a taste of potential cannabis riches.
The company’s British founders claim the extraction plant will produce more cannabidiol (CBD), a cannabis extract which some say has extraordinary healing powers, than any other facility in the southern hemisphere.
There is just an atmosphere of optimism that the new processing plant will yield huge positive financial margins not only for the company but also for Lesotho at large. And it is Lesotho that has to gain from these innovations and adaptions to the changing world patterns in cannabis consumption.
Because of the growing demand of CBD oil across the world for pain alleviation, Lesotho finds itself in a favourable position. Lesotho made it legal for the growing and cultivation of medicinal cannabis, something many African countries are struggling to come to terms with.
The extract is also sold in moisturizers, tongue drops, and food supplements. CBD infused tampons have even been marketed as a solution to period pain.