Ganja export regulations to be finalised September
Once enacted, the regulations will give CLA jurisdiction to handle requests for the import and export of ganja buds and resin oil
Friday, August 16, 2019
The Jamaican Government is finalising legislation to allow for marijuana producers to export. Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw says producers could potentially earn $30 million per gallon for exported marijuana oil. “I have set a target for the end of September for the regulations to be promulgated,” said Shaw. “I want us to start exporting extracted oil and buds from Jamaica to external markets.” Jamaica remains concerned about correspondent banking issues in the United States, where banks continue to block legitimate marijuana companies from conducting transactions, whether or not the product enters the US. (See also: Proposals to revolutionise medical cannabis industry put forward to Government)