Peel submits plan for £150m cannabis production plant
Peel submits plan for £150m cannabis production plant
Abstract
The proposed development will help the Isle of Man develop home-grown talent that will contribute to cutting-edge research into cannabinoids for pharmaceutical uses. The plans include a sustainable energy park with a solar farm generating 11-14MW to help power the site. The development is part of the Government's ambitions to diversify the economy and create a vibrant new sector to attract more investment and skills to the Island. Minister for Treasury Dr Alex Allinson Allinson MHK said. ‘We continue to welcome interest in developing this sector further.’
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