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Canadian entity exploring likely SVG medical marijuana industry

Canadian entity exploring likely SVG medical marijuana industry

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Discussions are being carried out with a Canadian entity on the possible exploration of a medical marijuana industry in St Vincent and the Grenadines.

Prime Minister Dr Ralph Gonsalves, as he delivered the 2015 Budget address last Wednesday, disclosed that CARICOM {{more}}heads of government have appointed a Regional Marijuana Commission to examine and report on the matter of medical marijuana as a health and pharmaceutical industry.

“It is well-established that the abuse and misuse of marijuana has harmful health effects. At the same time, the marijuana plant possesses medical properties, if properly harnessed, have beneficial health applications,” Gonsalves said.

“In anticipation of a positive outcome from this Commission, our Government is in conversation with a Canadian entity on the possible exploration of a medical marijuana industry, including a modern facility for the production of pharmaceuticals for St Vincent and the Grenadines.”

The Prime Minister added that medical marijuana is established in several states in the USA as a pharmaceutical industry of economic importance. (BK)

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