Ins & Outs of St. Vincent and the Grenadines - 2023

26 MEDICINAL: AMAJOR INVESTMENT POISEDFORGROWTH In 2019 Medicinal made headlines as one of the first companies to acquire a license to operate a medicinal cannabis enterprise in St. Vincent and the Grenadines. Planting their first seeds on May 15th, 2020, the highly-qualified team began mastering the precise farming practices demanded by the growing conditions of SVG. Investor Kelly Glass points out, it might be referred to as “weed”, and we think of weeds as easy to grow, but this couldn’t be further from the truth. There is an absolute science to produce export-grade, seedless, high THC potency cannabis. Medicinal is a complete vertically integrated seed-to-sale company. Starting from seedlings, through growth, harvest, drying, extraction, purification, and formulation, they retain the essential control needed for every step of the supply chain. The impressive Medicinal home farm has three Caribbean-designed greenhouses which provide optimal and carefully controlled conditions for each stage of the plants’ growth – with security, climate, and irrigation all covered. Once the plants are ready to flower, they are transferred to the fields for the final stage of their life. In addition to the Medicinal farm, the company works with several local farmers, sharing their expertise, along with the economic benefits of medicinal cannabis production with traditional cannabis growers in St. Vincent. After a few weeks in the fertile volcanic Vincentian soil with reliable Caribbean sunshine, the plants are harvested and transferred to a drying facility, and then sent for extraction and the formulation of products at Medicinal’s state-of-the-art lab and processing facility located in Spring. Here they produce a range of consumer products including lotions, oils, tinctures, vapes and edibles, along with oils and extracts for the pharmaceutical industry. Medicinal AMajor Investment Poised for Growth