Relocating to Antigua and Barbuda serves great business purposes if you are looking to invest in the Medical Cannabis industry.
What is Medical Cannabis?
Medical Cannabis is the cannabis that is cultivated to treat medical issues. It is very effective in the treatment of various illnesses such as chronic pain, glaucoma, arthritis among others. Marijuana is made up of about 100 different chemicals that work together to treat various diseases and conditions. Although not proven, marijuana has been used to help treat several conditions and patients report significant improvement.
Proven Health benefits
- Relief of chronic pain
- Weight loss
- Calms autism and anxiety patients
- Regulates seizures
- Helps with alcoholism
- Treats inflammatory bowel diseases
- Helps with PTSD symptoms
The Medical Cannabis industry offers an alternative form of therapy for the treatment of many serious diseases such as cancer or Multiple Sclerosis. Lately, there is growing interest in the Caribbean islands’ medical cannabis industry, but it remains illegal in most countries. However, it is legal to an extent in Antigua and Barbuda so if you are interested, you will be able to use, grow, or invest in medical Cannabis here.
With growing attention on the industry booming, this may just be an incredible endeavor for you. The medical cannabis industry offers a great source of economic wealth to any country, and any business linked with it. Antigua and Barbuda have decriminalized marijuana and plans to serve as a prominent exporter where medical cannabis is grown, harvested, and sent to pharmaceutical companies that distribute the prescribed drug.
Antigua Marijuana Laws
the Antigua and Barbuda Medical Cannabis Authority have recently been created by the Government to purposely regulate and control the licensing of the cultivation, manufacturing, processing, extraction, import, export, testing, research, distribution, and sale of medicinal cannabis, as well as the use of cannabis for sacramental purposes. The law covers all individuals and organizations that are interested in starting or investing in medical marijuana. This is however limited to the use of the plant for medicinal and religious purposes. The use of marijuana has been widespread from skincare hair and beauty products to general health benefits. Some of the business opportunities include an Antigua Medical Cannabis Dispensary, Antigua Medical Cannabis Lounge, and the development of medical cannabis farms in Antigua.
How to get your license
Persons or organizations wishing to partake in the cultivation, distribution of cannabis in Antigua must be registered for authorization by the authority. According to the Antigua marijuana laws, you will be required to fill out an application form and present certain documents to the authority. If approved, you will be issued a license that will allow you to possess, cultivate, and transport marijuana for the use of medical and sacramental purposes. You will also be able to export medical cannabis from Antigua to other countries.
Our team members at Relocate Antigua are experienced in this industry and offer services that can provide interested clients with valuable guidance. Following the creation of the new board, we can also help you with application forms and licensing so that you can start legally growing medical cannabis in Antigua.
Contact us today for more information on how to invest in Medical Cannabis.