Jamaica's Finance Minister calls for Medical Marijuana industry
Finance and Planning Minister, Audley Shaw, says Jamaica must move with urgency to develop a medical marijuana industry.
He told legislators last week that exploiting the benefits of marijuana is “not about smoking a spliff” or “walking around with two ounces of the weed.”
“This is about building an industry of value-added products,” he said as he delivered his first budget presentation of the new Andrew Holness government.
Shaw, who cited other countries that have benefited from using the plant, said that Jamaica is uniquely positioned to play a leading role in the medical marijuana industry which can create wealth for the country.
Shaw noted that in the United States alone, the legal marijuana market is predicted to rise from US$6.7 billion this year to US$21.8 billion by 2020.
He said that Canada has built a major industry which may become fully legalised next year adding that the Dutch Ministry 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