Saint Vincent and the Grenadines has launched an initiative to permit and support psychedelic research and wellness. The initiative will begin as a Medicinal Wellness Feasibility Study, which is expected to last 24 to 30 months, and will include “cultivation, research, processing, and prescription of psychedelic plant-based compounds including psilocybin, ibogaine, peyote, ketamine, and more,” according to a release.
“St. Vincent and the Grenadines aspires to be a medicinal and wellness destination,” said Ezra Ledger, Executive Director of the SVG Bureau of Standards.
The study will be limited to begin, however. There have been only three licenses granted, SVG Biomed, is the designated importer, handler and distributor of the psychedelic substances. Mera Life Sciences and Ajori Health & Wellness are the other licensees, though another may be added. “Depending on the overall progression, one additional licensee may be added to expand the scope and range of the Study,” Ledger said.
