St Vincent and the Grenadines is strategically positioning itself to take the lead in creating a Modern Medicinal Wellness Industry.
Speaking at a press briefing today at the Fisheries Conference Room, Minister of Agriculture Hon. Saboto Ceasar, said “we have been approached by several investors globally to begin the process to roll out a psychedelics industry…which will be a fundamental pillar of the modern medicinal wellness industry…”
The Agriculture Minister pointed out that consultations are ongoing with regards to the legal, scientific as well as medicinal framework which will inform this thrust.
Ceasar said the significant progress made by farmers (traditional cultivators), Investors and the Medicinal Cannabis Authority is impressive, considering the challenges of the past two years.
A delegation led by Minister of Commerce of St Lucia, Hon. Emma Hippolyte is currently here and has visited cannabis farms, the Medicinal Cannaibis Authority (MCA) and met with traditional cultivators as well as the Bureau of Standards.
Minister Hippolyte said St Vincent and Grenadines has led the way in the Cannabis industry and she was rather impressed by work of the MCA and the products being developed, “when I look at the end products …especially the lotions…to me, we see that as a market that you can capitalize on”.
The Minister said that as St Lucia explores their own industry, they would collaborate with their Vincentian counterparts, “we can use the technical team that you have, the labs that you have, the procedures you have developed, and see how we can merge that with international standards…” .