Jamaica: Marijuana market to take shape starting March

Industry Minister Anthony Hylton has signalled to prospective ganja investors that interim regulations to police the industry should be in place by March.

It would pave the way for commercial ganja and allow persons in the trade to start emerging from under the radar.

Hylton told the Financial Gleaner on the margins of the annual Cannabiz business conference, hosted by the National Alliance for the Legalisation of Ganja, that drafting instructions for the regulations had been issued to the chief parliamentary counsel and the process should be completed by the end of February.

The final set of regulations will be promulgated after further consultations, he said.

Those final regulations will cover cultivation, transporting, retail - inclusive of tea houses and therapeutic services - manufacturing and processing, and research, as well as export licensing. The idea is to regulate the sector from 'seed to sale'.

"Even as we put the framework in place,...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.