One step forward for proposed medicinal cannabis industry in Fiji

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Cabinet has approved the drafting of the Medicinal Cannabis legislation at its meeting held yesterday.

Cabinet also approved the Medicinal Cannabis Industry Feasibility Study Report that was done with the support of the Australian Government and Market Development Facility and PharmOut.

The feasibility study was for the Nutraceutical and Medicinal Cannabis Industries in Fiji.

The feasibility study looked at economic and market feasibility and due diligence that included relevant laws, regulations and case studies.

The study also examined operational and financial viability that looked at logistics, legislation and investment environment.

The study also gave pathways on legislation and assessment of potential benefits and socio-economic impacts and risk assessment in terms of illicit use and reputational risks.

Cabinet approved the drafting of the Medicinal Cannabis legislation, which will be undertaken in consultation with the Office of the Solicitor – General and the Ministry of Health and Medical Services.