Integrated Annual Report

Overview

The report presents Labat Africa as a cannabis-focused healthcare, technology and investment group for the year ended 31 May 2024. Group revenue was 48,536 R'000 and total employees numbered 43, while CannAfrica expanded to 46 franchised stores and the group acquired the remaining 30% interest in CannAfrica. Sustainability highlights include water-saving aquaponic cultivation and a transition toward recyclable and biodegradable packaging. Governance reporting emphasizes Board oversight, King IV principles and the Social and Ethics Committee.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 June 2023 – 31 May 2024
Language: English
Pages
File size

Reporting standards, commitments and assurance details are available with a free account.

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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