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Cannabis in South Africa is an indigenous plant with a rich historical, social, and cultural significance for various communities. South Africa’s cannabis policy evolution has been marked by significant shifts, particularly following decriminalisation by the Constitutional Court in 2018, and the passing of the Cannabis for Private Purposes Bill in May 2024.
Minister of Justice and Constitutional Development v Prince [1] is a decision of the Constitutional Court of South Africa delivered on 18 September 2018, which found that it is unconstitutional for the state to criminalize the possession, use or cultivation of cannabis by adults for personal consumption in private.
The Wall Street Journal Economic Survey, also known as the Wall Street Journal Economic Forecasting Survey, could refer to either the monthly or the semi-annual survey conducted by the Wall Street Journal of over 50 economists on important indicators of the economy of the United States. [1] [2]
Wall Street's top cannabis analyst believes U.S. marijuana sales will jump to $80 billion and expects Canopy and Tilray to outperform.
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The cannabis industry has been inhibited by regulatory restrictions for most of recent history, but the legal market has emerged rapidly as more governments legalize medical and adult use. [ 1 ] [ 2 ] Uruguay became the first country to legalize recreational marijuana through legislation in December, 2013. [ 3 ]
A separate report said the overall U.S. economy grew at a 3% annual rate during the spring, as previously estimated. That’s a solid rate. The hope on Wall Street is for a form of financial nirvana where the U.S. economy’s growth can hold steady and keep profits for companies humming while the Federal Reserve continues to lower interest rates.