The anticipated application forms for the medicinal cannabis industry in SVG are now available on the website of investsvg.com, for all persons interested in investing in medicinal cannabis in St. Vincent and the Grenadines.
The Medicinal Cannabis Industry legislation passed in December 2018, stresses the need for due diligence to be conducted on applicants.
This is a central pillar enshrined in international narcotic related treaties.
The emerging industry in SVG has created a significant buzz globally over the last 12 months, and has attracted potential local, regional and international investors.
The production of cannabis is expected to form a part of the island’s agricultural diversification thrust.
The application process is expected to be simple, while ensuring that the stipulations and guidelines in the law are followed.
Sessions are expected to be held in the up coming days, with traditional cultivators and local farmers to address any assistance needed in completing applications and providing guidance through the process.