This archive report was first published on 23 August 2021.
On August 23, 2021, Highlands Investments, a pioneering operator of one of the largest outdoor cannabis grow facilities in Africa, made history by exporting 8.5 tonnes of its Highlands Pure THC and CBD flower and trim into the European medical cannabis market in North Macedonia.
This groundbreaking shipment marks the largest single legal cannabis export to date, surpassing the company's previous successful export of 176.5kg of THC flower to Europe in April.
According to Highlands Investments Managing Director, Mark Corbett, 'This was our 4th and most successful harvest to date. It equates four 40-foot containers full of vacuum-packed medical grade cannabis, which is so large that it will require chartering a plane to get it to Macedonia.'
The cannabis industry is heavily regulated, with both the supplier and receiver of the products needing to be licensed. Shipping companies also require stringent licensing to move raw cannabis materials and other products between legal jurisdictions.
As the European cannabis market continues to grow, Highlands Investments is well-positioned to capitalize on this trend. According to the Prohibition Partners Key Insights from the European Cannabis Report, 6th Edition (April 2021), the cannabis market in Europe is forecast to reach $3.8 billion by 2025.
Highlands Investments is a licensed cultivator of high-quality GAP and ISO 22000 certified cannabis, producing medical-grade cannabis products in a state-of-the-art ISO 22000 and GACP certified facility in Lesotho.