Jacana has completed the first-ever international export of Jamaican medical cannabis flower, having raised USD205 million to develop and distribute certified medical cannabis solutions.
The investment will be used to drive international expansion and build on Jacana’s existing presence in Europe, North America and the Caribbean.
With a global team located in Jamaica, Canada and the UK, Jacana is a specialist in the outdoor cultivation and distribution of medical cannabis. This is currently being naturally grown at Jacana’s flagship 4.4 million square foot (100 acre) farm in St Ann, Jamaica, where the microclimate and latitude create the perfect conditions for cultivation.
The business is founded by Alexandra Chong, a Jamaican serial entrepreneur best known for establishing Lulu – a social and dating intelligence app with more than 6 million users, which was sold in 2016.
Chong, CEO of Jacana, says: “Whether caused by illness or injury, chronic pain is a problem that affects the global population. People are looking for safe, natural solutions, and care more about what they’re putting in their bodies than ever before.”
“We believe that nature has the best answers. Jacana’s mission is to provide natural medicine that people can trust, enabling them to live full and meaningful lives by improving their wellbeing, their health, and their happiness.”
“I am incredibly impressed with how hard the Jamaican government and in particular the Cannabis Licensing Authority (CLA) has worked to establish best-in-class regulations and governance that enables Jamaica to be at the forefront of this rapidly expanding global industry.”
