Industry, Commerce, Agriculture and Fisheries Minister Audley Shaw hailed as a “major step in the right direction” the recent export of 10 kilograms or 22 pounds of legal ganja (cannabis), from Montego Bay, Jamaica to Canada by licensed Jamaican Cannabis company, Global Canna Labs.
The export occurred early last week under the watchful eyes of the Cannabis Licensing Authority among other government entities. Shaw made the announcement at the CANEX Investment Summit at the Fairmont Royal York Hotel in Downtown Toronto, Canada on Thursday before a gathering of local and international investors.
Shaw also reinforced the government’s commitment to put the finishing touches to Import/Export regulations for Jamaica’s nascent medical, therapeutic and scientific cannabis industry.
“It is no surprise then that despite teething pains, they have been able to overcome the knotty bureaucratic challenges that span entities in Jamaica and Canada so as to successfully export legal product.”
– Director of the Cannabis Licensing Authority, Delano Seiveright
Global Canna Labs is one of the leading medical cannabis companies in Jamaica and operates under a Tier 3 operator’s license on its 270,000 square foot facility in the heart of Montego Bay, Jamaica. The Tier 3 license is the largest issued license by the Cannabis License Authority (CLA) for the cultivation and production of medical cannabis.
Director of the Cannabis Licensing Authority, Delano Seiveright, who also addressed Investors noted that, “The Authority has been very diligent and focused in ensuring that the industry continues to be supported within a very stringent regulatory environment that is in full compliance with local and international laws. A total of 49 licenses have been issued with another 16 applications at the granted stage. Many other major developments are in the works”
He noted that Global Canna Labs largely Jamaican leadership includes some of Jamaica’s finest professionals with a wealth of experience in varying sectors including security management, hotel and human resource management and sports administration.
“It is no surprise then that despite teething pains, they have been able to overcome the knotty bureaucratic challenges that span entities in Jamaica and Canada so as to successfully export legal product,”Seiveright argued.
Paul Glavine, President and Director of Global Canna Labs who also spoke at the Summit told current and potential investors that the company is now gearing up for further exports to not only Canada but Australia and other nations; opening up dispensaries in Kingston, Montego Bay and other locations; enhance its processing and packaging facilities and building out linkages with Jamaica’s tourism industry. Jamaican Businessman Orville Powell sits as Managing Director and directly oversees local operations.
CanEx founded and organised by Douglas Gordon is series of cannabis focused investment summits held in Jamaica and select locations around the world. Recent summits were held in Barbados, Trinidad and Tobago and the Cayman Islands with other summits being scheduled for New York City, London and as far as India.