Peel has launched a consultation for the project, which it says could bring between £90m and £180m of investment to the island’s economy.
In January 2021, the Isle of Man passed a resolution to legalise the growing, production and export of medicinal cannabis.
Peel aims to submit a hybrid planning application to the Isle of Man’s Department of Environment, Food and Agriculture this spring.
It would be good to have a facility to also study the sustainable uses of Hemp itself.