Canna-business deal for Ingonyama Trust land

The Ingonyama Trust Board (ITB) has started a multimillion rand investment drive that will see the entity focusing on mining, high-technology agriculture and the cannabis industry through its investment arm, Ingonyama Holdings (IH).

These include the creation of AfriLion, a joint venture with Vertex Global Holdings, an investment company working in a number of sectors including cannabis, which is understood to have already secured more than $2-billion in foreign funding.

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Paddy Harper
Paddy Harper
Storyteller.

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