The State of Guernsey has received seven applications for high-THC cannabis cultivation licences in the two months following its launch.
Seven applications have been put forward to cultivate high-THC cannabis in the State of Guernsey after a Memorandum of Understanding (MoU) was reached with the UK Home Office in July.
The licences would allow applicants to cultivate the plant for cannabis-based medicinal products (CBMP), and the government for the States of Guernsey says that the majority of the applications received so far aim to produce these products.
Licences for high-THC cultivation
Any business that wants to cultivate high-THC cannabis in the Bailiwick must make an application to the Bailiwick of Guernsey Cannabis Agency (BGCA), which has been established by the Committee for Health & Social Care and is responsible for reviewing, regulating, inspecting and licensing cannabis businesses.
“The new cannabis licencing system has been welcomed by the industry and I’m pleased to see that the changes the Health and Social Care team have implemented have already attracted seven applications,” commented Deputy Al Brouard, President of the Committee for Health & Social Care.
“Each will now be thoroughly assessed by the BGCA alongside the Home Office and I look forward to seeing the first licences issued to those that are successful.”
Deputy Neil Inder, President of the Committee for Economic Development, said: “It is highly encouraging to see such a positive response from businesses in just a few months since the MoU was signed.
“These are the early steps of a promising new sector for the Bailiwick, one which is already attracting interest and investment locally and from overseas. Guernsey is now well placed to remain at the forefront of the cannabis industry, and we will continue to support its development.”
The July development marked a significant step in the development of the cannabis industry in Guernsey, and where previously only licences to cultivate cannabis for CBD products were available.
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