--- title: Cannabis centre plans to 'tap into global sector' description: Isle of Man's GrowLab Organics plans to build a cannabis production facility, aiming to tap into the global medicinal cannabis market and boost local economic opportunities. image: https://ichef.bbci.co.uk/news/480/cpsprodpb/9c4d/live/c01ce800-a391-11ef-b152-796f28e9b800.jpg.webp --- [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) ### Press ESC to close [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) # Cannabis centre plans to 'tap into global sector' - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) - 18 November 2024 Cultivating medicinal cannabis on the Isle of Man provides an opportunity to "tap into a global sector”, the a firm set to build a new production facility has said. GrowLab Organics (Glo) was recently given permission by planners to construct a purpose-built complex to grow and export the drug. Following law changes the previous year, the firm was given a licence to cultivate, extract, manufacture, import and export the drug in 2022. Chief executive Alex Fray said there was a "transition around the world from illegal to legal for medical", which offered "economic opportunities the island is well suited to".   He said the island had a "history of being innovative in creating economic niches" in areas including financial services, e-gaming and its shipping register. "I felt there was an opportunity for the Isle of Man play a role in this global sector that’s opening up in front of us," he said. The UK medical cannabis market is the second largest in Europe and is expected to be worth £300m in 2025, according Prohibition Partners, which is market research firm that promotes the industry. Most products remain unlicensed, which means they have not undergone certain clinical trials, or been deemed cost-effective by the National Institute for Health and Care Excellence, the organisation responsible for evaluating drugs. ![MAILEN DESIGN An artist's impression of the growing rooms, which shows long rows of green plants in bright rooms with people wearing white lab coats tending to them.](https://ichef.bbci.co.uk/news/480/cpsprodpb/9c4d/live/c01ce800-a391-11ef-b152-796f28e9b800.jpg.webp)MAILEN DESIGN The new facility will have multiple growing rooms for the plants   Mr Fray said there was "a huge argument for transparency" as there was a "huge legacy market" with many customers still buying illegally produced goods. He said he believed medicinal cannabis could "have a positive impact on the quality of life for people suffering from a wide range of conditions". The firm aims to build the facility within 12 months, with goods being exported by 2026.   [by BBC](https://www.bbc.com/news/articles/cp35751y0qno) [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) ![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=200&height=200&name=Buzz-No%20Outline-2.png) #### [Buzz](https://420intel.com/blog/author/buzz) At 420 Intel, we cover cannabis legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between. - - - [Medical Cannabis News](https://420intel.com/blog/tag/medical-cannabis-news) [![Spain Approves Medical Cannabis Tightly](https://420intel.com/hs-fs/hubfs/elsa-olofsson-uAfGJxkazOM-unsplash.jpg?width=550&height=395&name=elsa-olofsson-uAfGJxkazOM-unsplash.jpg)](https://420intel.com/blog/spain-approves-medical-cannabis-tightly) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 9 October 2025 #### [Spain Approves Medical Cannabis Tightly](https://420intel.com/blog/spain-approves-medical-cannabis-tightly) Spain’s Council of Ministers has officially approved long-awaited regulations on the use of **medical...** [Marijuana legalization](https://420intel.com/blog/tag/marijuana-legalization) [![3 Injured Amid Meth, Cocaine, Cannabis Bust: Naperville](https://420intel.com/hs-fs/hubfs/20251114_0106_image.png?width=550&height=395&name=20251114_0106_image.png)](https://420intel.com/blog/3-injured-amid-meth-cocaine-cannabis-bust-naperville) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 13 November 2025 #### [3 Injured Amid Meth, Cocaine, Cannabis Bust: Naperville](https://420intel.com/blog/3-injured-amid-meth-cocaine-cannabis-bust-naperville) NAPERVILLE, IL — A dramatic **cannabis bust** occurred in Naperville on Saturday when three police... [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) [![Cannabis-infused Beverages Trending Fast!](https://420intel.com/hs-fs/hubfs/AI-Generated%20Media/Images/The%20image%20features%20a%20vibrant%20display%20of%20various%20cannabisinfused%20beverages%20arranged%20artfully%20on%20a%20wooden%20table%20Each%20drink%20is%20housed%20in%20sleek%20modern%20packaging%20showcasing%20colorful%20labels%20adorned%20with%20enticing%20graphics%20A%20tall%20refreshing%20glass%20of%20Uncle%20Ar-1.jpeg?width=550&height=395&name=The%20image%20features%20a%20vibrant%20display%20of%20various%20cannabisinfused%20beverages%20arranged%20artfully%20on%20a%20wooden%20table%20Each%20drink%20is%20housed%20in%20sleek%20modern%20packaging%20showcasing%20colorful%20labels%20adorned%20with%20enticing%20graphics%20A%20tall%20refreshing%20glass%20of%20Uncle%20Ar-1.jpeg)](https://420intel.com/blog/cannabis-infused-beverages-trending-fast) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 6 June 2025 #### [Cannabis-infused Beverages Trending Fast!](https://420intel.com/blog/cannabis-infused-beverages-trending-fast) Infused beverages are bubbling over. In 2024, sales in the United Statestopped $382 million. The... - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/420intel) - [Follow us on Twitter](https://twitter.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) Back to Top ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Buzz", "url" : "https://420intel.com/blog/author/buzz" }, "dateModified" : "2024-11-18T12:55:48.479Z", "datePublished" : "2024-11-18T12:55:48.000Z", "headline" : "Cannabis centre plans to 'tap into global sector'", "image" : [ "https://ichef.bbci.co.uk/news/480/cpsprodpb/9c4d/live/c01ce800-a391-11ef-b152-796f28e9b800.jpg.webp" ], "mainEntityOfPage" : { "@id" : "https://420intel.com/blog/cannabis-centre-plans-to-tap-into-global-sector", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://420intel.com/hubfs/Asset%2016.png" }, "name" : "420 Intel" } } ```