The Southern Hemisphere is often an overlooked place for many western businesses – North American companies are seeking to sell to Europe and vice-versa – yet, one company seems to have seen an opportunity others have not.
“We are on the verge of some very considerable growth and managing it will be critical. Bringing aboard great talent is key for us at this juncture as it provides us all with a greater depth of expertise from which to draw upon and the tools we need to execute and succeed.” – Wuhan CEO Jeff Robinson.
There are plenty of reasons why to look SOUTH, both in terms of opportunities and in terms of gaining competitive advantages.
Here are three good reasons.
South Africa has developed a diversified manufacturing base that has shown its resilience and potential to compete in the global economy.
Experts forecast that the manufacturing industry will nearly double its output in 2025, making this one of the most exciting sectors to work in.
Manufacturing has always been a dominant industry and sectors such as agro-processing, automotive, chemicals, technology, and electronics, metals, textiles, clothing and footwear are helping the country to become a new potential global powerhouse.
The retail market is one of South Africa’s biggest, most affluent and important sectors. The fastest growing segments including textiles and clothes, hardware, general stores, household goods, pharmaceuticals, and food and drinks.
This market is promising medium to long-term growth due to the growing youthful demographic of 55 million people, as well as from its position as a springboard to the rest of sub-Saharan Africa.
Farming is one of the fastest growing industries in South Africa known for its vast lands and profitable farming opportunities.
The South African agri-food sector has a number of competitive advantages, making it both an important trading partner and a viable investment destination.
A world-class infrastructure, counter-seasonality to Europe, vast biodiversity and marine resources, and competitive input costs, make the country a major player in the world’s markets.
Such trends in the South African marketplace provide a great environments for many opportunities and in particular for the growing cannabis industry.
South Africa has recently amended its drug law to allow some CBD products to be available over the counter, making a temporary rule on non-prescription CBD permanent – shaping the approach to the commercialisation of medicinal cannabis.
- According to the company’s stock price COVID-19 didn’t seem to have had any impact – quite the contrary – the stock has grown rapidly.
- Part of the explanation could be with the company’s investor communication efforts.
- Major effect can be attributed to the increased risk-on appetite observed in the market post-COVID-19 market bottom and the rise of two booming industries: Cannabis and Psychedelics.
Wuhan General Group Strengthens Team with New Appointments
MONTREAL, QC / ACCESSWIRE / June 3, 2020 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“Wuhan” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to announce the newly appointed members of the Company.
Mr. Johann McLoughlin hails from the creative hub of Cape Town, South Africa. He joins Wuhan effective immediately as Director of Product Development and Visual Communications and Design. Prior to joining Wuhan, Mr. McLoughlin worked for more than 10 years in custom and design manufacturing of food and cosmetic products. Mr. Mcloughlin will be responsible for the Dr. AnnaRxTM and MedspressoTM brands. ‘’I’m very excited to take on this challenging role at Wuhan. Building out the company brands into global players is my goal.” said Mr. McLoughlin.
Mr. Selah Abrams resides in Los Angeles and has joined Wuhan as Director of Corporate Strategic Partnerships. Mr. Abrams worked for CNN as a Broadcast Production Engineer for 12 years, and prior to that as Director of Media and Technology for CV Sciences, Inc. an early player in the cannabis sector. He is an expert in the field of supply chain management and logistics. In his role, he will lead and oversee Wuhan’s customer partnership teams, responsible for managing strategic accounts and focusing on the development, management and execution of its initiatives to ensure customer success and growth.
Mr. Luka Marjanovic will be assuming his new role as Director of Human Resources and Communications effective immediately. Wuhan thanks him greatly for his dedication and hard work in his prior role as a product developer. In his new appointment, Mr. Marjanovic is tasked to lead by sustaining core values and to build effective teams, to ensure and promote a strong desire to reach the goals set by management. High quality internal and external communication is crucial for people´s inclination to act as ambassadors for their company
Finally, Mr. Rameez Adair of Johannesburg, South Africa has joined the team as Director of Social Media. In his role, Mr. Adair will be responsible for planning, implementing, managing and monitoring Wuhan’s social media strategy in order to increase the Dr. AnnaRxTM and MedspressoTM brand awareness, improve marketing efforts and increase sales.
Wuhan CEO Jeff Robinson stated: ‘‘We are on the verge of some very considerable growth and managing it will be critical. Bringing aboard great talent is key for us at this juncture as it provides us all with a greater depth of expertise from which to draw upon and the tools we need to execute and succeed. I’m beyond ecstatic to see our Wuhan planned journey unfold for our shareholders.”
Full Disclosure: Jeff Robinson is the CEO, Dr.Anna Morera Leralta the CMO and Luka Marjanovic is the Director of HR and Communications of Wuhan. Please feel free to contact Jeff via email at: email@example.com.