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Jamaica’s Cannabis Industry Receives a Major Investment

Jamaica’s Cannabis Industry Receives a Major Investment

Latoya Jackman
Jamaica’s Cannabis Industry Receives a Major Investment

The Jamaica Medical Cannabis Corporation Limited (JMCC) invests $2 million USD in Jamaica’s cannabis industry.

JMCC is a Canadian-Jamaican medical cannabis exporter with offices in Toronto, Canada and Lucea, Jamaica, and a global warehousing, logistics, and transportation network.

In 2012 and 2013, security forces in Jamaica removed acres of marijuana fields, demolished over a million cannabis seedlings, and confiscated kilograms of seeds. These enforcement initiatives threaten the existence of many of Jamaica’s rare and sought after marijuana strains.

On Monday, June 25th an official Memorandum of Agreement with the National Foundation for the Development of Science and Technology (NFDST) was signed to tackle a ten-year project to identify analyze and preserve Jamaica’s indigenous cannabis strains.

The project titled “Identification, Isolation, and Conservation of Local Strains of Cannabis for Medicinal Use” is funded through the JMCC’s charitable foundation.

Diane Scott, JMCC’s Chief Executive Officer stated that the company is committed to supporting Jamaica’s medical cannabis industry

 “JMCC is fully committed to supporting the Jamaican medical cannabis industry every way we can and ensuring there are lasting benefits for the country and its people.”

She added

“As Jamaican medical cannabis grows in popularity, there is a real threat that the country’s unique strains will be lost or irrevocably contaminated by hybridization, and it was important for us to be able to help to preserve what we believe are some of the best medical cannabis strains in the world.”

Cannabis and Jamaican Heritage

The National Commission on Science and Technology (NCST) is a Jamaican charitable organization created to improve the use of science and technology in the county.

The organization will oversee managing the collection and disbursement of funds organized to execute the project.

Professor Errol Morrison, the Director General of the NCST stated that the goal is to preserve the various strains they encounter.

“We shall be using a nutraceutical affirmation of the claims for health benefits and we shall be archiving these claims for posterity so that we can assure a hundred years from now that Strain X shall be Strain X and not hybridized out or cross-fertilized in any way.”

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Many of the strains in question have ties to Jamaican culture and history and thus, preserving them in their original form is of the utmost importance to the NCST.

Scott explained that local weed farmers will not be paid for providing their heritage strains, because they are expected to share the information with the NCST.

It is expected that Jamaican weed farmers will preserve their proprietary strains by passing them down through generations.

 

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