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

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 […]

Read More

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 […]

Read More

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 […]

Read More

Guam clarifies adult-use marijuana rules ahead of new industry regulations

Guam, a U.S. territory, reminded businesses and consumers that recreational cannabis sales remain prohibited until the new rules to govern the industry are completed.  The Western Pacific island approved the creation of an adult-use cannabis market earlier this year.  The Cannabis Control Board has until April 2020 to finalize a set of rules and regulations […]

Read More

Barbados latest Caribbean country to propose sweeping medical cannabis law

A law was introduced in the Barbados House of Assembly to establish the legal foundation for a local medical marijuana industry. If the law is adopted, Barbados will join other Caribbean countries Jamaica, St. Vincent and the Grenadines as well as Antigua and Barbuda in approving cannabis cultivation. A law is also in the works in Saint Kitts and Nevis. The […]

Read More

Barbados procuring medical cannabis for first imports in April

The Barbados Drug Service is inviting companies to submit applications to supply the nation with approved medical cannabinoid products starting April 2020 and lasting through March 31, 2022. The requested products are not legally available in the eastern Caribbean nation at this time. Separately, a bill was introduced in the country’s parliament this week to […]

Read More

First medicinal cannabis licenses awarded in St. Vincent and the Grenadines 

Local and international businesses in the southern Caribbean nation of St. Vincent and the Grenadines scooped up the islands’ first-ever licenses to cultivate commercial medical cannabis, the nation’s marijuana regulator announced. Hundreds more are in the pipeline, demonstrating significant interest in the new industry there and across the Caribbean. Ten companies with board members from […]

Read More

Ex-Chicago Tribune publisher joins Illinois cannabis firm

A former publisher of the Chicago Tribune joined Illinois-based cannabis company Revolution Enterprises, part of a growing parade of C-suite officers from major companies plunging into the marijuana industry. Revolution, a multistate cannabis company based in suburban Chicago, announced Wednesday it had tapped Tony Hunter, who spent 20 years with the Chicago Tribune, to help […]

Read More

Cannabis company Vireo Health expands into Puerto Rico

Vireo Health, a Minneapolis-based multistate marijuana operator, said it is expanding into Puerto Rico, the company’s 11th state or territory of cannabis operations. Vireo will have the opportunity in Puerto Rico to run a cultivation and processing facility plus up to six dispensaries on the island. Christian Gonzalez, a native of the territory who has […]

Read More

Here’s why nobody is happy with the current state of the Los Angeles marijuana industry

Los Angeles marijuana czar Cat Packer did an impromptu Oprah Winfrey impersonation during an appearance at a Mendocino County retreat earlier this month when asked what she’d do with an unlimited budget and staff. “Everyone would get licenses!” the director of the Los Angeles Department of Cannabis Regulation said with a smile, spurring the audience to […]

Read More