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Durban Poison Dope Inspires South Africa's First Cannabis Beer

  • Brewing company’s investors include Spar, RCL Foods CEOs
  • Cannabis lager on sale after private use of plant legalized
Bloomberg business news
Meet the Nation Embracing Cannabis Beer

A South African craft brewery has launched the nation’s first lager containing cannabis, capitalizing on the globally known Durban Poison strain after the private use of the plant was legalized in the country last month.

Drinks infused with marijuana-derived compounds could grow to a $600 million market in the U.S. within the next four years, outpacing the growth of other categories of retail cannabis products, according to analysts at Canaccord Genuity. Corona-parent Constellation Brands Inc. became the largest stakeholder in Canadian pot cultivator Canopy Growth Corp. earlier this year, while Molson Coors Canada has formed a joint venture with Hexo Corp.