The seeds are produced by the US-based Gage Green Group which is world renowned for its high-quality genetics.
The company’s top-tier seeds usually sell for $1,000 (R13,500).
But Matt Benas, the highest bidder, says that the exclusivity of these seeds – which will never be reproduced by Gage – justifies the expensive price tag.
A South African entrepreneur recently bought rare cannabis seeds, and digital art, at a non-fungible token (NFT) auction for approximately R224,000.
South Africans are slowly becoming more accustomed to the global NFT craze which has created overnight millionaires through the sale of digital artworks. A gallery based in Cape Town managed to get R59,000 for a digital artwork auctioned in March and a local NFT marketplace was launched a month later with backing from sports stars and celebrities.
The NFT phenomenon, which is intrinsically linked to the popularity of cryptocurrencies, has surged in 2021, with several blockchain artworks fetching upwards of R10 million during the first quarter of the year.
Source: https://www.businessinsider.co.za/most-expensive-dagga-cannabis-sold-in-south-africa-2021-6
