Growing medicinal cannabis could be Jersey's big new money-maker

The government is investigating the benefits of medicinal cannabis as part of a 20-year plan to ensure the growth of the economy. Credit: ITV Channel TV

Growing medicinal cannabis could be Jersey's big new money-maker.

The government is investigating the benefits as part of a 20 year plan to ensure the continued growth of the economy.

While it says finance remains the dominant sector, accounting for 40% of the money made in the island, it is vital to explore a range of opportunities.

The announcement follows a Jersey delegation's visit to Jordan for the World Economic Forum where existing ties with the Middle East and Africa were strengthened.

Efforts to consider the changing nature of the economy are being welcomed by Jersey's Chamber of Commerce.

Earlier this year Guernsey announced plans to develop its medicinal cannabis-growing industry, with the licensing of the first site to produce the crops.