Ja ready for global ganja partnerships — Shaw

Friday, May 25, 2018

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TORONTO, Canada — Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw says Jamaica is ready for global partnerships in developing the new wave of medical cannabis industry which is focused on value-added, not smoking.

Shaw, who yesterday paved the way for Jamaica to play a leading role in the rapidly growing medical cannabis industry by meeting with representatives from the Canadian Government and the Province of Ontario as well as numerous companies and investors, got their commitment to investing in the Jamaican cannabis industry.

The minister, who has responsibility for the Cannabis Licensing Authority, said he is extremely pleased with the strategy of working with Health Canada to ensure that Jamaica meets all the requirements to provide value added products to the Canadian market.

“This provided great insight into how Government can play a strong role in developing the cannabis industry,” said Shaw.

He also emphasised that the Jamaican Government has already established the framework for the aggressive development of the medical cannabis industry, with the Jamaica Cannabis Licensing Authority granting several licenses to grow and process cannabis in Jamaica.

“The approach is to develop the complete value-added chain associated with this dynamic industry. In collaboration with the Ministry of Health in Jamaica, this will include a major focus on pain relief and reduction of opioid use,” Shaw further stated.

He further noted that in a short while, the global industry will reach more than US$100 billion in value and that the information garnered in these meetings will assist Jamaica in fine-tuning its own internal procedures with the Ministry of Health and other Government agencies.

The minister has engaged in some 15 bilateral meetings with potential investors including tours of two cannabis facilities in Toronto -- Toronto Research Chemicals and MedReleaf.

Canada and Jamaica have a long history of working together and this opportunity to work together in the cannabis industry opens a world of opportunity for both countries.

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