Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Global Canna Labs closes first medical cannabis sale in Jamaica
Global Canna Labs cannabis farm in Montego Bay.
Business
April 8, 2019

Global Canna Labs closes first medical cannabis sale in Jamaica

Canadian company, Global Canna Labs (GCL) has received approval from the Jamaican Cannabis Licensing Authority (CLA) to commence commercial medical cannabis sales domestically to licensed dispensaries.

The company has announced the sale of 46.5 kilograms of dried medical cannabis products in the local dispensaries since their formal approval late in March. GCL’s investor, LGC Capital Limited says it has been receiving regular domestic sales inquiries and anticipates a surge in demand for GCLs’ products.

LGC also advises that GCL has planted most of its 6.2- acre site in Montego Bay and expects to commence harvesting, under CLA supervision, two sectional harvests per month from various phases of crop growth and various cannabis strains, with the first of these bi-monthly harvests scheduled for April 10.

In anticipation of increased demand for its products, GCL has disclosed that it will open two dispensaries and an extraction facility in the near future.

GCL is one of a few Tier-3 licencees in Jamaica with approvals for the cultivation and production of over 5 acres of medical cannabis.

“This is a tremendous achievement for the team in Jamaica. We have seen many achievements within Global Canna Labs since LGC became a cornerstone funder of this exciting company. We see them continuing to expand and grow at their facility in Montego Bay, as the market demand grows. Senior LGC management recently toured the Montego Bay facility to witness operations almost at full planting capacity and witnessed the results of the first harvests,” Mazen Haddad, co-chairman and CEO of LGC Capital said.

“There is still scope to infill sections of the 6.2-acre site before looking to expand beyond the existing secured growing areas. We see Jamaica as a very key growth market in the area and can see considerable expansion opportunities for Global Canna Labs as a Jamaican leader in their field, as the domestic and internal markets for Jamaica’s special brand of organic sativa strains and find their place in the market,” Haddad continued.

LGC has a secured debenture, convertible into a 30 per cent strategic interest in GCL and a 5 per cent royalty on GCL’s net sales.

Through its partners and following approval on pending transactions currently under review by the Toronto Stock Exchange, LGC will have interest in over 450,000 square feet of planted cannabis in Jamaica, Switzerland, Italy, and Australia. That is expected to increase to over 2,100,000 square feet by 2021, as its portfolio companies execute their expansion plans, in addition to the anticipated licensing of Tricho-Med’s operations in Quebec, Canada.

LGC partners currently sell cannabis products in over 1,000 points of sale across Switzerland and Italy under the ONE Premium Cannabis and EasyJoint brands as well as medical cannabis oils in Australia under the Little Green Pharma brand. LGC’s partners’ branded products are available in a variety of formats including dry cannabis flower, tinctures, oils, seeds, and beverages.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Forex: $159.21 to one US dollar
Latest News
Forex: $159.21 to one US dollar
April 16, 2026
KINGSTON, Jamaica — The United States (US) dollar on Thursday, April 16, ended trading at $159.21 down 6 cents, according to the Bank of Jamaica’s dai...
{"jamaica-observer":"Jamaica Observer"}
Bad Dawg vendor model drives micro-business growth across Jamaica
Business, Latest News
Bad Dawg vendor model drives micro-business growth across Jamaica
April 16, 2026
KINGSTON, Jamaica — Food brand Bad Dawg is expanding its footprint beyond retail shelves through a vendor-driven distribution model that is creating s...
{"jamaica-observer":"Jamaica Observer"}
Landscaper gunned down in Manchester
Latest News, News
Landscaper gunned down in Manchester
April 16, 2026
MANCHESTER, Jamaica — A landscaper was shot dead while working in a garden at a property in New Berry district near Knockpatrick, Manchester on Thursd...
{"jamaica-observer":"Jamaica Observer"}
Stona ‘devastated’ by allegiance ruling, appeal being prepared – Agent
Latest News, Sports
Stona ‘devastated’ by allegiance ruling, appeal being prepared – Agent
ANDRE LOWE Sports content manager lowea@jamaicaobserver.com 
April 16, 2026
Olympian Roje Stona has been left “devastated” after his application to switch allegiance from Jamaica to Turkiye was denied, according to his agent, ...
{"jamaica-observer":"Jamaica Observer"}
Dubai says first flying taxi station completed
International News, Latest News
Dubai says first flying taxi station completed
April 16, 2026
DUBAI, United Arab Emirates (AFP) — Dubai has completed its first flying taxi station, with commercial operations expected to begin by the end of the ...
{"jamaica-observer":"Jamaica Observer"}
Cuba ‘ready’ for possible US attack, says president
Latest News, Regional
Cuba ‘ready’ for possible US attack, says president
April 16, 2026
HAVANA, Cuba (AFP) — Cuban President Miguel Diaz-Canel said Thursday his country was "ready" for a possible United States (US) attack on the communist...
{"jamaica-observer":"Jamaica Observer"}
Australian tycoon battles Meta over fake ads
International News, Latest News
Australian tycoon battles Meta over fake ads
April 16, 2026
SAN JOSE, United States (AFP) — Australian mining magnate Andrew Forrest is asking a United States (US) federal court in Silicon Valley to hold Meta a...
{"jamaica-observer":"Jamaica Observer"}
Trump says Iran deal ‘very close,’ may go to Pakistan to sign
International News, Latest News
Trump says Iran deal ‘very close,’ may go to Pakistan to sign
April 16, 2026
WASHINGTON, United States (AFP)—United President (US) Donald Trump said on Thursday that the United States and Iran were "very close" to a peace deal ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct