Decision on plans submitted by Grow Lab Organics expected 'very soon'
Government is hoping plans for a medicinal cannabis farm on the Island will come into fruition soon.
It's as it progresses targets to diversify the economy.
Grow Lab Organics was the first company to be offered a conditional licence for export here and has plans to build its production site and headquarters near Ronaldsway.
It's hoped a decision on those plans will be made in the next couple of months.
Tim Cowsill is the Chief Executive of Business Isle of Man:
Ranson case reforms under scrutiny in Tynwald debate
Leadership, loyalty and the economy: What we learned from the CM's urgent statement
Yellow warning for coastal overtopping in place
MHK asks whether chief minister will resign if new approach lacks support
Government proposing a five percent minimum wage rise