Marijuana farmers, company haggle over price
A marijuana amnesty law passed last year will waive criminal penalties for farmers who can sell illegally grown marijuana to the medical marijuana industry
Friday, March 8, 2019
The President of the Cannabis Revival Committee (CRC) in St Vincent and Grenadines, Junior “Spirit” Cottle, is urging farmers not to accept anything less than EC$300 (EC dollar = US$0.37 cents) for a pound after a locally-based medicinal cannabis company was offering US$50 a pound. “We are not saying we are not going higher. But we are not going below that. And, under the medical industry, we're looking for more than that. We will be negotiating but, as it stands now, under the amnesty, it mustn't go below that,” Cottle said. The CRC called on traditional cultivators of cannabis “to be on the lookout for some foreign investors who want to offer them lower than the unofficial EC$300 minimum which they have been receiving for one pound of cannabis”. (See also: Reject $50 ganja offer — MP)
