Jersey Wants to Become a Centre for Excellence for Cannabis Industry
The Channel Island’s Economic Development Minister attended the Cannabis Europa convention in London last month. Whilst there, Senator Farnham announced their plans to take its place at the table of the growing Cannabis industry.
- (1888PressRelease) October 19, 2019 - Sheffield, UK – Senator Lyndon Farnham was accompanied by both environmental and economic officers from the island. Their aim was to stay in touch with the latest developments of the industry from around the world.
Senator Farnham was keen to highlight the possibility of Jersey eventually becoming a centre for excellence:
“Jersey offers distinct advantages over other jurisdictions to companies wishing to engage in cultivation, processing, and extraction of pharmaceutical precursors from cannabis.”
It was reported in the Jersey Evening Post that island officials had already begun vetting potential local companies, who may wish to invest in hemp and cannabis cultivation on the Channel Island.
Plants grown on the island would be specified for pharmaceutical, industrial and wellness products.
Another of the Channel Islands, Guernsey, has already began their exploration into the world of Cannabis cultivation. Celebrated Ltd, a Guernsey company was granted a license to grow the crop on the island early this year.
However, the global industry is still in its early days, and Jersey’s approach to the possibility is seen as prudent and timely.
George McBride, the founder of Europa International said:
“It is exciting to see Jersey taking such a proactive stance towards regulating medical Cannabis. Jersey has a number of competitive advantages which make it well placed to become a hub for the global Cannabis industry”.
Cannabis Europa is an international organisation that presents a consistent platform to share news and knowledge to help shape the future of medical Cannabis in Europe. The London Cannabis Europa convention took place in June, and more events are planned for North America and Madrid in the coming year.
About Company:
We are Canex – the leading UK-based portal for CBD news. With the CBD industry exploding all around the world, we aim to bring you everything you need to know – from both home and abroad. The CBD industry has become one of the fastest growing health and wellness industries in recent years. We provide the most up-to-date information about the industry, in order to keep the general public well-educated in line with this growth.
From product news, reviews and guides; to legislation changes, industry updates and guides through the ongoing studies of the substance, Canex has it covered.
Here in the UK, the Cannabidiol industry is on the point of significant change, with calls coming from independent agencies for regulatory reform. Canex brings you all the information you need to know to the same place, making it easier to keep up to date than ever before.
###
space
space
Contact Information
- Emily Ledget
- Canex
- Millennium House, 30 Junction Rd,
- Sheffield, Yorkshire,
UK
- S11 8XB
- Voice: 0114 3490785
- Visit our Site
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam