St. Vincent approves medicinal cannabis licenses

The Medicinal Cannabis Authority (MCA) reports that the Cabinet of St. Vincent and the Grenadines has accepted the recommendations of the Board of the MCA to approve medicinal cannabis licences.

St. Vincent and the Grenadines has accepted the recommendations of the Board of the MCA to approve medicinal cannabis licences.

The following have been approved:

  1. Eight (8) local farmers’ producer cooperatives with an aggregated membership of over 100 traditional cultivators;
  2. Thirteen (13) traditional cultivators of cannabis who applied individually;
  3. Three (3) non-traditional local farmers, consisting of one Class A (valuing EC$500) and two Class B (valuing EC$2,500 each); and
  4. Ten (10) companies with the directorship of nationals from the OECS, CARICOM, North America, Europe and Africa.

Of these companies, there are three Class E licences (valuing EC$2.67 million each), two Class D (valuing EC$1 million each), three Class C (valuing EC$500,000 each), one Class B (valuing EC$250,000 each) and one with Class A (valuing $100,000).

In addition to supplying the local demand, these companies have identified markets in CARICOM, North America and Europe for export of high-quality medicinal cannabis products that meet international standards.

The following have received cultivation licences. 

Nyahbinghy Order of Rastafari
Rastafari Farms
Cannabis Revival Committee (CRC)
SVG Rastafari Agri
Grieggs Rastafari progressive
society

Fancy Cooperative
Herbs RUs
South Rivers Producers’
Cooperative