Green Lava Labs, a Medicinal Cannabis Cultivation Company was launched here in Saint Vincent and the Grenadines on Friday, 15th November, 2019.
In July this year, Green Lava SVG Incorporated, was among the first companies to be granted a Class-C Medical Marijuana Cultivation license.
This allows them to extract, import, export, dispense and cultivate up to 25 acres of cannabis.
Following this development, Green Lava Labs took the decision to make Saint Vincent and the Grenadines its flagship headquarters for the Caribbean.
Green Lava’s first five-acre farm will have a capacity of over eight thousand pounds per year and future plans to reach the full capacity of its allowed 25 acres that should bring the yearly yield of over 35-thousand pounds.
The launch ceremony, which was held at the Green Lava Farms in Queensbury, was addressed by Prime Minister Dr. Ralph E. Gonsalves, Minister of Agriculture, Saboto Caesar, a Senior Official of the Medical Cannabis Authority and officials from Green Lava Labs.
SOURCE: National Broadcasting Corporation