Joe Oliver has become the latest former Harper cabinet minister to enter the cannabis business. Under Harper’s leadership, the Tories continued the war on drugs by maintaining the criminal prohibition on non-medical cannabis use and increasing the penalties for cannabis crimes.
Oliver extolled the medical potential of cannabis in an interview published in the Sun newspapers. He served as the Finance Minister for the Harper Government.
He identified himself as “the Chairman of PlantExt, a private Israeli/Canadian company devoted to developing and commercializing cannabis extracts in the treatment of diseases”
Oliver said PlantExt is developing cannabis-based extracts “based on intellectual property that has been developed in Israel, which we will commercialize and raise money for in Canada, and expect to sell the products in Israel, Canada and elsewhere where it’s legally permitted.”
PlantExt is focusing on using cannabis extracts to treat inflammatory bowel diseases such as irritable bowel syndrome, Crohn’s and colitis, said Oliver, adding the company expects to be involved in the treatment of other diseases in the future.