Business opportunities in the growing multimillion dollar cannabis industry could open up soon to entrepreneurs in Jamaica. The country has approved a bill that decriminalizes the possession of marijuana for the first time in 100 years and brings the promise of medicinal marijuana sales. Jamaica’s Cabinet has approved the bill, meaning the country’s Rastafarian and island citizens could have the legal right to smoke cannabis if it gets the Parliament’s approval later this week.
The bill also outlines a plan to create a licensing authority for the farming, distribution and sale of the product for therapeutic and medical purposes. However, the bill proposes that smoking marijuana in public spaces should remain banned.
Colorado’s Cannabis Global Initiative (CGI) has been working with the country for over a year to help create the regulatory framework to legalize cannabis in
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