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US$100-m ganja deal described as historic first outside US

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Submitted by Marijuana News on Wed, 09/16/2015 - 09:35

THE US$100-million ganja deal between the Courtney Betty-led Timeless Herbal Care (THC) and Denver, Colorado-based O.penVAPE, the largest consumer cannabis brand, has been described as marking the "first time in history an international collaboration has been created to produce cannabis-infused products outside of the United States".

Publicist Marketwired said yesterday the partnership was projected to generate over US$100 million in revenue in the first 10 years of operation, using Jamaican ganja to develop medicinal products for the international market

"Timeless Herbal Care planted the first legal cannabis plant alongside the Jamaican Minister of Justice Mark J Golding on April 20, 2015 on the University of the West Indies campus," the publicist said, and quoted Betty, the THC president/CEO as saying: "Timeless has been there from the very beginning and we will continue to play a leading role in establishing Jamaica as the medical marijuana hub of the world."

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