Alexandra Chong, CEO of medical cannabis company, Jacana
Jacana has announced the launch of a new kind of medical company that harnesses the power of nature to produce certified medical cannabis, providing natural relief for chronic pain and suffering.
According to research from Imperial College London, chronic pain affects half of all UK adults, meaning the prevalence and need for pain relief is increasing.
Jacana has completed the first-ever international export of Jamaican medical cannabis flower, securing multiple international licenses and permits to date. The deal also saw Jacana play a central role in shaping the regulatory process.
The historic export is linked to the company raising an initial $20 million to cultivate, develop and distribute certified medical cannabis solutions that provide natural alternatives to the artificially manufactured products in the market.
The investment will fuel international expansion and build on Jacana’s existing presence in Europe, North America and the Caribbean.
The launch of Jacana coincides with:
With a global team located in UK, Jamaica and Canada, Jacana is the world leader in the outdoor cultivation and distribution of certified 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 unique microclimate and latitude create the perfect conditions for cultivation.
The business is founded by Alexandra Chong, the British serial entrepreneur best known for establishing Lulu – the innovative, fast-growth social and dating intelligence app with more than 6 million users and was sold in 2016.
The leadership team that will drive Jacana’s global growth carries experience from a range of industries, with the Board including the former CMO of Microsoft, Mich Mathews-Spradlin; world-renowned Silicon Valley venture capitalist and early backer of Twitter and Zoom, Bill Tai; and former CCO and Executive Board Member of the Coca-Cola Company, Robert Leechman.
Alexandra Chong, CEO of Jacana, said: “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.”
“Cases like that of Alfie Dingley and Billy Caldwell were a stark reminder that safe and natural medical solutions exist and need to be made available to those tackling chronic pain and suffering.”
Hon. Audley Shaw, Minister of Industry, Commerce, Agriculture and Fisheries, Jamaica, said: “Jamaica is proud to be emerging as a leader in one of the fastest growing global industries alongside trailblazing G7 nations like Canada and Germany.
Our country will play a crucial role in addressing the global demand for medical cannabis, placing our nation at the forefront of the effort to increase patient access to medical cannabis and its many benefits.
It is wonderful to see Jamaican businesses such as Jacana drive research and innovation, create jobs across the island, and bring international investment that will fuel the growth and development of our economy.”
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