Jamaica: On the Edge of Ganja's Million$
A number of foreign investors who grew frustrated at Government bureaucracy and left Jamaica last year could return to the island if the new Administration formalises the regulations governing the ganja industry.
Delano Seiveright and Paul Burke, two of the island’s leading cannabis law reformers, in separate interviews with the
Jamaica Observer, confirmed the potential investors’ frustration.
“Some investors had got frustrated, and several of them have lost interest. However, they say once Jamaica gets its act together, they will be willing to re-engage, but they need to hear details as to what is the regulatory framework, how exactly will the licensing regime be structured, and when will the regulatory framework and the licensing regime be activated,” Seiveright revealed.
He declined to name the firms, arguing that he had to get their permission first. However, he said they were from the United States, Canada and Europe.
“I know of...
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.
Follow us on Instagram
Connect with us on Linkedin