He noted that the facility provides patients with an opportunity to receive world-class medical cannabis treatment under the guidance of licensed physicians who specialise in cannabis-based pharmaceuticals, in a safe, professional, medical and legal environment.
says the growing global market for cannabis provides the opportunity for Jamaica to become a first-choice destination for travellers who want to use medical cannabis.
Speaking at the official opening of Apollon Formularies Limited in Negril on Friday, Green said “the fact that Jamaica is already a world-renowned hospitality and tourism destination is a guaranteed formula for a successful cannabis industry”.
“We can create more facilities where patients, while being treated, experience the beauty of Jamaica with the most fitting climate, the best people, the best service and, of course, the best cannabis. That is our competitive advantage in the global space,” he said.
“Let me also congratulate Apollon on its Extraction Laboratory, which is now completed and ready to produce world-class medically certified oils and cannabis extracts. Indeed, Apollon is set to help Jamaica achieve its rightful place in the global sphere for medicinal cannabis products and services,” Mr. Green said.
In terms of research and development, Green observed that there has been significant research into the medicinal properties of cannabis, pointing out that Jamaican scientist Dr. Henry Lowe, known for his cannabis phyto-pharmaceuticals and cancer research, has found molecules in the plant that can fight prostate cancer. “Additionally, cannabis helps with the relief of chronic pain, the regulation of diabetes, and ongoing research has revealed its potential in the treatment of autism,” he said.
We want to encourage more investors to look at this end of the industry. Yes, we want to see more dispensaries. Yes, we want to see herb houses, but we need to make our international mark on research and development,” he said.
According to the agriculture ministry, data indicates that cannabis companies with industry-leading research and development teams are not only in the best position to advance their collective understanding of the many therapeutic uses of cannabis, but are able to design and produce innovative cannabis products, which sets them apart from their competition.
“Apollon is, indeed, cognisant of the need to develop a holistic sector, which does not overlook the traditional farmers. Indeed, let us allow our farmers to not just grow for the sector but to also grow with the sector in a meaningful and sustainable way,” Mr. Green noted.
He further hailed the community-based initiative, Apollon Kannabiz Collective, through which traditional ganja farmers are able to move into the legal industry.
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