U.S. Territories & Caribbean Cannabis Industry & Marijuana Business News


Jamaica plans to maintain ‘functional’ cannabis market amid pandemic

Jamaica published details about the “Business Continuity Plan” it has implemented to maintain a functional and expanding cannabis industry amid the COVID-19 pandemic. Part of the plan involves the Cannabis Licensing Authority (CLA) using “remote” means to monitor harvests and other medical cannabis operations. “This is to allow for the continuity of activities on licensed […]

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Colorado governor unveils marijuana banking guide

Colorado Gov. Jared Polis released a guide to help state-chartered financial companies better serve and expand banking services to marijuana companies as well as make MJ businesses safer by not forcing them to rely so heavily on cash transactions. Some areas of focus in the Democratic governor’s “Roadmap to Cannabis Banking” include: Encouraging new and […]

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Public comment period opens for Trinidad and Tobago’s cannabis law

Businesses have been invited to comment on Trinidad and Tobago’s proposed medical cannabis law, which is intended to form the legal framework for a new industry in the Caribbean’s largest economy. The deadline for submissions is Feb. 14. The Cannabis Control Bill 2019 is currently before the Joint Select Committee in the House of Representatives. […]

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European Commission proposes unified EU vote on WHO cannabis scheduling recommendations

In advance of the March session of the United Nations Commission on Narcotic Drugs (CND), the European Union’s executive branch has proposed that EU member nations vote in favor of three of the six World Health Organization (WHO) cannabis scheduling recommendations. The European Commission “Proposal for a Council Decision” is meaningful because – if adopted by […]

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Trinidad and Tobago’s proposed medical cannabis law advances

A proposed law to establish the legal footing for a medical marijuana industry in Trinidad and Tobago was referred to a parliamentary committee in early December after overcoming a key vote in the House of Representatives. The committee will consider and report on the general merits of the Cannabis Control Bill before issuing a final […]

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Top 10 global cannabis stories of 2019: WHO backs rescheduling, Linton out at Canopy, Canadian firms eye US & more

Cannabis markets in Canada and elsewhere in the world went on a roller-coaster ride in 2019, as irrational expectations gave way to more realistic market assessments. Global medical marijuana markets, corporations and top executives experienced breakthroughs and setbacks this past year. That’s the gist of the 10 most widely read business stories carried by Marijuana Business Daily […]

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Recreational marijuana

Maine cleared a major hurdle on its path to legalize the sale of adult-use cannabis by launching the application process for businesses seeking to sell recreational MJ.

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marijuana social equity

Some African-American aldermen in Chicago are concerned that the legalization of recreational marijuana in Illinois on Jan. 1 will give white retail store owners an advantage.

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Barbados medical cannabis law clears final hurdle in Parliament

A law forming the legal foundation for a medical cannabis industry in Barbados has overcome the last important parliamentary hurdle after being approved by the Eastern Caribbean country’s Senate. The law, which covers activities related to cultivation, processing, dispensing and export, empowers the Medicinal Cannabis Licensing Authority to develop policies and guidelines for a newly […]

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Jamaica plans cannabis regulations overhaul, blueprint for industry support

Jamaica plans to overhaul the interim regulations governing legal marijuana businesses and create a national road map to support the development of the island’s regulated industry. The support could help businesses overcome obstacles hindering the sector’s growth, which include banking issues and finding markets for products. The Agriculture Ministry (MICAF) will reconstitute the National Cannabis Advisory […]

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Jamaica’s medical marijuana export rules face further delay

New regulations to facilitate the commercial export of medical cannabis from Jamaica, intended to make the country’s businesses competitive on the global stage, face further delay as relevant ministries iron out the final rules. Agriculture Minister Audley Shaw previously stated the regulations were to be finalized in September 2019. Speaking at a Public Administration and […]

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Jamaica looks to slash cannabis license processing time, but banking remains major obstacle

Jamaican regulators want to substantially reduce the amount of time it takes entrepreneurs to get a cannabis business license, but banking remains the biggest hurdle to the fledgling industry’s growth. The Cannabis Licensing Authority (CLA) is in the final stages of a technical review of the entire licensing process. “We’re doing a complete internal review […]

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