Jamaica's first medical ganja company launched
Professor Henry Lowe yesterday launched Jamaica’s first medical ganja company, MediCanja in Kingston, to capitalise on the multibillion-dollar industry’s commercialisation.
Lowe is the executive chairman of Biotech Research and Development Institute.
He said it would be unfortunate if Jamaica lost out to a booming multibillion-dollar industry in Europe, Canada and the United States.
He noted that Canada’s hemp industry is valued at more than US$2 billion yearly.
Professor Lowe pointed out that Jamaica was the first country in the world to develop a commercial product from ganja, Canasol used to treat glaucoma.
MediCanja will undertake pioneering research and product development using the medicinal compounds called the CBDs – the non-psychoactive compounds in ganja.
The establishment of MediCanja follows the publication of a findings from a survey, which showed that a majority of Jamaica’s population may be in support of relaxing the laws prohibiting the use of marijuana.
The survey, which...
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