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22nd July 2021, 14:12

Hassans establishes Working Group on Medicinal Cannabis ahead of announced legislation

Hassans International Law Firm has announced the formal establishment of a Working Group on Medicinal Cannabis, coinciding with the announcement by the Minister for Public Health, John Cortes, of the publication of a Bill for an Act to make provision for the regulation of the production, import, export, marketing and supply of cannabis for medicinal purposes and for connected purposes. The Working Group consists of Peter Montegriffo QC, Richard Buttigieg, Gemma Vasquez, Aaron Payas, Ian Felice and Andrew Montegriffo.

The Hassans team says it's been very closely involved with private industry players seeking to develop this sector and with the drafting of the Bill. It says medicinal cannabis business is continuing to expand globally, with most reputable jurisdictions supportive of these initiatives. Hassans adds the Medicinal Cannabis Act will enable Gibraltar to seek new opportunities for economic growth and assist the private industry by establishing the relevant statutory and regulatory legal framework.

Peter Montegriffo QC says the establishment of this working group is a natural next step for Hassans to take. It says it follows the role it's developed in working with and advising prospective medicinal cannabis licensees. The publication of the Bill, he says, will add to the potential of Gibraltar’s ambitions in this area and as with gaming/gambling and cryptocurrency, will innovate and lead in the development of new businesses.