Cabinet to receive regulatory draft for industrial hempTuesday, May 27, 2014
A draft of the proposed regulatory framework for industrial hemp will be submitted to Cabinet shortly.
"This will pave the way for a viable chain to be developed around the hemp industry in Jamaica," Minister of Industry, Investment and Commerce Anthony Hylton has said.
The minister was speaking at the post-sectoral debate press briefing, held at the ministry's New Kingston offices last week.
Noting that more than 25,000 uses can be derived from the hemp plant, Hylton said Jamaica has an opportunity to carve out its niche in the industrial hemp global market, which will also support related efforts to develop other industries from cannabis sativa, such as medical marijuana.
He said, too, that a memorandum of understanding has been signed between the University of the West Indies and Strains of Hope, a United States-based Foundation, in marijuana research for the development and exploitation of medical products.
Meanwhile, Hylton said that Jamaica Promotions Corporation will shortly sign a US$249,000 grant agreement with Complete Caribbean, which will be used to develop national accreditation standards for medical tourism, and to undertake gap analysis for local players in the sector