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Committee seeks advice on monetising Cannabis sector

23 January 2023
in Arts/Culture/Entertainment, Business, PRESS RELEASE
2 min. read
Officials from Laconic Infrastructure Partners and members of the Cannabis Committee 
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Grenada’s Cannabis Committee, operating through the Ministry of Agriculture and Lands, Fisheries and Cooperatives, has sought the expertise of an international consultancy firm to further monetise the Cannabis Sector.

Committee members and Ministers of Government met with consultants from Laconic Infrastructure Partnership on Wednesday, 18 January, to get a better understanding of how Grenada can benefit from the Cannabis Industry, using data on Agriculture and other natural resources.

Laconic Infrastructure is an organisation based in the United States, which works in agriculture production empowerment through the use of Modern Environmental Data to empower farmers to do more with less.

Chairperson of the Cannabis Committee Rolanda McQueen said exploring the benefits of the sector that goes beyond just plantation is important in the journey ahead. “I don’t want our island to be known as just growing marijuana; I want us to do something that would sustain us. Because it is a new field for us, we want to do things in a premium way and that is the only way our country is going to benefit.”

Tapping into the pharmaceutical market is one of the agendas of the government in ensuring maximum benefits are realised from the Cannabis Industry. Chief Executive Officer of Laconic Andrew Gilmore noted that data helps in ensuring that pharmaceutical grades of Cannabis are manufactured. He said, “With data comes the ability to grow more cannabis at a higher grade of purity for THC or Cannabinoid oil than just the standard plantings and that will enable a pharmaceutical grade of cannabis products to be manufactured by Grenada, generating more revenue and getting more potential products.”

He said Grenada has the ideal climate and soil for multiple crop cultivation of Cannabis, annually, as Grenada’s volcanic soil makes it the perfect environment for growing the herb.

Minister for Agriculture and Lands, Fisheries and Cooperatives Senator Adrian Thomas in concurring with the information presented by Laconic, stated that their expertise fits in with the government’s agenda. “What you have outlined falls directly ‘in our pot’ and it will definitely be of use to the transformation agenda that we are embarking on in Grenada as it relates to Agriculture,” Senator Thomas said.

Member of the Cannabis Committee representing the Rastafarian Community Bongo Ruan said a lot can be learnt from the information provided by Laconic. He said, “The position that they are taking is that they are bringing the intelligence and the knowledge and I, and I can harness this knowledge, take the mantle and move forward. The economics that is required to make that step, I think that they are bringing this.”

The Grenada Cannabis Committee comprises representatives from the Ministry of Agriculture, the Royal Grenada Police Force, the legal fraternity, the Conference of Churches, and the Rastafarian Community.

Ministry of Agriculture and Lands, Fisheries and Cooperatives… ensuring food and nutrition security for all.

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Tags: adrian thomasandrew gilmorebongo ruangrenada cannabis committeelaconic infrastructure partnershiprolanda mcqueen
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Comments 2

  1. Fran Selinger says:
    3 days ago

    I live in Canada and enjoy being able to easily obtain marijuana for medical use. The dosing is tightly controlled and I always know what I am buying. I would like to be able to purchase CBD oil when I visit Grenada.

    Reply
  2. Sandy says:
    4 days ago

    Now, the colonizers who has left the legacy of discrimination against the Rastafarians stands to benefit.

    Reply

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