MORATIWA MEDICINAL CANNABIS
LESOTHO
Our purpose is to support a pivotal change towards plant-based, safe medicinal ingredients. Our ultimate aim is to foster a healthier global community and a healthier planet.
Our vision is to partner with one or more leading players globally in building a best-of-breed medicinal cannabis cultivation and processing facility in Lesotho
Why Lesotho
The Kingdom of Lesotho has a centuries old heritage of cannabis cultivation and use.
It introduced legislation to legalise the cultivation and use of medicinal cannabis in 2008. In 2017 Lesotho became the first African country to legally export medicinal cannabis.
The government sees cannabis cultivation and processing to be a key element of economic growth.
The legislative framework for the regulation of medicinal cannabis is mature and stable.
Lesotho provides a pristine natural environment that is perfectly suited to the cultivation and production of medicinal cannabis.
The natural environment features
- Moderate temperatures throughout the year
- High altitude: the average elevation of Lesotho is 2,255 metres (7,400 feet).
- Natural clear mountain water: groundwater and a network of rivers. Annual mean rainfall averages 700 to 800mm (28 to 31 inches).
- Soil quality: fertile soil, uncontaminated by pesticides
- Clean, unpolluted air
- Zero light pollution
- 300 days of sunshine annually
Besides the ideal natural environment, Lesotho offers low labour, electricity and water costs. It is estimated that production costs in Lesotho are 10% to 20% of production costs in Canada, US and Europe.
About Moratiwa
Moratiwa Pty Ltd is a company registered in Lesotho. It holds a licence as a Prohibited Drug Operator from the Lesotho government. The licence permits Moratiwa to cultivate, manufacture, supply and distribute, export, import and transit medicinal cannabis. The licence is valid for ten years and is renewable on demonstration of a viable operation.
Moratiwa has secured the use of 115 hectares (284 acres) of land to rollout this project. The company has built strong ties with local communities to gain their support for the project.
Moratiwa is the Sesotho word for lovable, which reflects the ethos of the business. It reflects our attitude towards our country and its people. It reminds us of our purpose to contribute to healthier communities and planet. It will support the relationships we intend to foster with our business partners and investors. It will guide us in our uncompromising approach to conducting our business ethically.
The company is a subsidiary of Rebamoratiwa Property Investment Holdings (RPIH). This group of companies develops, owns and manages commercial property assets. It’s focus is on retail properties such as shopping centres, mostly in emerging markets.
RPIH has built significant turnkey expertise in land and property development. Rural community upliftment is a strong value of this business.
The directors see enormous value in a sustainable cannabis cultivation facility in Lesotho and aims to partner in the development of such a facility. Their vision includes a healing centre and potentially other community upliftment projects.
RPIH’s founder, Mike Masemola, started working on his vision to build a Cannabis-based business in Lesotho several years ago. The establishment of Moratiwa Lesotho as a special purpose vehicle company to house his interests in the medical cannabis sector is a significant milestone. Andrew McGregor brings extensive project management, strategy development and business development experience to the team. Mike and Andrew are actively engaging with industry leaders in building sector-specific knowledge and skills.
What we offer
- An investment opportunity for international partners. Partners would define how to provide the right products to their markets. They will set the strategy, implementation and ongoing operations to meet their needs.
- Full commercial licence, valid for 10 years and renewable on the basis of a viable operation. This includes all cultivation, processing, importing and exporting of cannabis and related products. (The Regulator has stopped issuing new licences.)
- Hands-on experience of establishing a successful greenfield cannabis cultivation and processing facility in Lesotho.
- Pristine, arable land under a 60-year lease agreement.
- Ability to work with and through political and traditional leadership and rural communities. to ensure collaborative and supportive relationships.
- Support of, endorsement from, and liaison with, Government departments at the highest levels.
- Liaison with local communities and leaders. These stakeholders include landowners, community leaders, local authorities and police. This is important to ensure that communities will support the project.
Investment opportunities
We have compelling opportunities for the development of strategic partnerships.
Our immediate goal is to work with an international leader who has the skills, experience, intellectual property, capital and established distribution networks to leverage the value Moratiwa Lesotho has to offer.
For more information, please email us at
andrew@moratiwa-medcannabis.com or call us on +278 33 00 32 32.
Our legal Representatives
Cliffe Dekker Hofmeyer Inc
Reg No: 2008/018923/21
Tel: +27 11 562 1082
Mobile: +27 83 325 0598
Fax: +27 11 562 1682
lucia.erasmus@cdhlegal.com
www.cliffedekkerhofmeyr.com