It is information that promote business and what can create value for herbal medicine is the research information that is available and the information should be known to the public either about the product or the medicinal plant. A typical example is the cocoa (Theobroma cacao).
There is a whole research institution behind cocoa which seeks to come out with research findings on the benefits of taking cocoa products. Not long ago, the research institute came out with the benefits taking of cocoa products in supporting covid-19 management as well as the cardiovascular benefits of cocoa, and this tends to raise the value of cocoa on the international market
The Centre for plant medicine research at the initial stage began an extensive research on a medicinal plant; Cryptolepis sanguinolenta.
The research findings were published which later raised the value of the plant to become the most expensive medicinal plant.
“We started working on a plant called Croton membranaceus and as these research findings were been published, it raise the plant value and it has become the most expensive medicinal plant currently in Ghana. People are cultivating this plant and making huge sums of money from it.
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Many Herbal Medicine manufacturers and herbalist fear putting their product ingredients or benefits of some plants out there due to loss of their trade secrets and intellectual property.
As a nation, we should have a system that protects the intellectual property. This is a similar strategy which has been helping the developed countries even in the Pharmaceutical industry.
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