Licences approved as St Vincent's Cannabis industry opens
Barbadian investors would likely use the knowledge and experience gained in St Vincent to build out the sector at home
Monday, July 15, 2019
St Vincent’s Medicinal Marijuana industry is a go. Over 30 licences have been approved by the Medicinal Cannabis Authority (MCA) for the cultivation, development and export of medicinal marijuana products. The MCA has approved licences for eight local farmers’ producer cooperatives with an aggregated membership of over 100 traditional cultivators; traditional cultivators of cannabis who applied individually; three non-traditional local farmers; and 10 companies with the directorship of nationals from the OECS, CARICOM, North America, Europe and Africa. MCA said based on the applications under review it projects that by September an additional 200 traditional cultivators will obtain cultivation licences. (See also: Vincy ‘high’ | Acres Agricultural Canada receives 300-acre cannabis license)