Bright Green announces plan to support universities for cannabis research

Bright Green announced that it is launching a university based EB-5 initiative to provide foreign students attending universities in the United States the opportunity to purchase an EB-5 visa through Bright Green. Given that the U.S. has the largest number of top universities in the world, it is one of the most preferred destinations for foreign students to pursue their studies. Seamus McAuley, Bright Green’s Chief Executive Officer, commented: “We are very excited to announce our plan to support U.S. university cannabis research and our foreign student EB-5 initiative, both of which touch on two very important strategic goals for the Company. First, raising capital to execute on our plans for the business, a primary focus for the Company moving forward. Second, we are also very excited to establish strong working relationships with the centers for higher learning across the United States given our absolute dedication to the application of scientific rigor to the development of our medicines and therapies. We firmly believe that the cannabis industry must be led by the scientific and research professionals who aim to harness cannabis’s therapeutic benefits in a safe, compliant, consistent, and targeted way… Our goal is to support each institution according to their needs and preference so that they can maximize their engagement in our program. As the Bright Green business develops and unfolds, we will increasingly require skilled and qualified individuals, across a number of disciplines, to join or work with our team to help drive the development, research, and ultimately manufacturing of our medicines and medical therapies where we will develop further commercialization.’