A Caribbean firm has despatched the first-ever shipment of medical cannabis from Jamaica to Canada, marking a watershed second that portends vital progress in commerce between the nations, executives say.
Jamaica’s Timeless Herbal Care shipped extracted cannabis oil to Synfine Research, an affiliate of Toronto Research Chemicals (TRC) – each licensed sellers with Health Canada – in mid-September.
“This was the first test shipment to create a pathway from Jamaica to Canada,” Timeless Herbal Care CEO Courtney Betty informed Marijuana Business Daily.
“We think that, with the shortage of medical cannabis in Canada, Jamaica is going to be a great option,” he added. “We’ve built our company on a model over the past five years in preparation for the Canadian opportunity.”
Timeless Herbal Care was one of many first licensed producers in Jamaica.
Synfine and Timeless Herbal Care are within the means of forming a partnership “to combine Jamaican medical cannabis oil with the knowledge and expertise of (Synfine/TRC),” stated Larry Dime, Toronto Research Chemicals’ vice chairman of enterprise improvement.
Dime stated the cannabis might be examined to guarantee it’s compliant with Health Canada’s pesticide restrictions.
Synfine hopes to mix its catalog of greater than 800 cannabis compounds with pure marijuana strains from Jamaica to develop merchandise and confirm their medical efficacy by means of medical trials.
“There’s a huge opportunity with synergies between Canada and Jamaica,” he stated.
Since Jamaica handed the “Ganja Law” in 2015 legalizing cannabis for medical or therapeutic functions, the nation’s MMJ business has been a middle of progress.
Jamaica’s Cannabis Licensing Authority, which oversees the allow course of for the cultivation, processing, distribution, sale and transportation of medical cannabis, has stated roughly 200 purposes are being processed.
Canadian medical cannabis companies see growing alternative in Jamaica.
“Jamaica’s government recognizes that the medical cannabis industry presents tremendous potential for the country,” Betty stated.
Medical cannabis markets are increasing within the Caribbean.
Neighboring Cayman Islands permitted medical cannabis imports and gross sales in 2016.
One month after decriminalizing cannabis earlier this yr, Antigua and Barbuda began drafting laws to legalize leisure and medical marijuana gross sales.
Matt Lamers may be reached at [email protected]
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