Latest: News

Jamaica's first medical ganja company launched

Published: Wednesday December 4, 2013 | 11:34 am Comments 0
Dr Henry Lowe and his wife Janet unveil the MediCanja company logo at the company\'s launch in  Kingston yesterday.
Dr Henry Lowe and his wife Janet unveil the MediCanja company logo at the company's launch in Kingston yesterday.

Professor Henry Lowe yesterday launched Jamaica’s first medical ganja company, MediCanja in Kingston, to capitalise on the multibillion-dollar industry’s commercialisation.

Lowe is the executive chairman of Biotech Research and Development Institute.

He said it would be unfortunate if Jamaica lost out to a booming multibillion-dollar industry in Europe, Canada and the United States.

He noted that Canada’s hemp industry is valued at more than US$2 billion yearly.

Professor Lowe pointed out that Jamaica was the first country in the world to develop a commercial product from ganja, Canasol used to treat glaucoma.

MediCanja will undertake pioneering research and product development using the medicinal compounds called the CBDs – the non-psychoactive compounds in ganja.

The establishment of MediCanja follows the publication of a findings from a survey, which showed that a majority of Jamaica’s population may be in support of relaxing the laws prohibiting the use of marijuana.

The survey, which was conducted by pollster Don Anderson, revealed that 55 per cent of those interviewed felt that the laws criminalising marijuana should be relaxed.

The poll on medical marijuana was commissioned by Professor Lowe’s Bio-Tech Research and Development Institute and Pelican Publishers.

Minister of Industry, Investment and Commerce, Anthony Hylton was the official guest speaker at the company's launch.

FOR MORE STORIES WATCH


Like our new Facebook page:
Gleaner Jamaica

Follow us on Twitter:
@JamaicaGleaner

Email: onlinefeedback@gleanerjm.com

Share |

The comments on this page do not necessarily reflect the views of The Gleaner.
The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
blog comments powered by Disqus
Videos

Top Jobs

View all Jobs