KINGSTOWN, St Vincent — Acres Agricultural Canada Corp., announced that it has received approval from the Medicinal Cannabis Authority of St Vincent and the Grenadines to produce within the country and export internationally, Cannabis in all of its forms for medicinal purposes, on July 11, 2019. This license approval is made in accordance with and on the advice of the Cabinet of ministers of the government of St Vincent and the Grenadines.
Acres Agricultural (SVG) Ltd., is 100 percent owned by Acres Agricultural Canada Corp., for the purposes of listing on the Canadian Stock Exchange. Working directly with the government of St Vincent & The Grenadines, the Acres team comprised of Canadian, American and Vincentian experts has been actively involved in the formation of cannabis legislation.
The Company’s wholly-owned subsidiary Acres Agricultural (SVG) Ltd. (“Acres”) said, “the issued top tier license for the cultivation of 300 acres, becoming a licensed producer is ready to commence operations.”
“It’s seismic not just for Acres, but for St Vincent and the Grenadines, said Chief Executive Officer (CEO) of Acres Agricultural Canada, Patrick Power.
“As the leading licensed producer in the country, it gives us the opportunity to make the kind of economic and social impact that we have always wanted to make as countrymen and women, and investors.”
“Our cultivation and production of premium food-grade and pharma-grade cannabis will be a game-changer in support of the international medical market, our local economy and the daily lives of traditional farmers and their families who will benefit from sustainable wages in the new legalized environment. Along with programs to be rolled out as operations unfold, we expect to make a huge difference.”
The medicinal Cannabis industry in St Vincent and the Grenadines is regulated and controlled by the Medicinal Cannabis Authority (MCA) an independent statutory board established by parliament for transparency, accountability, and…
