Opposition MP calls for policy on cannabis
"The health and wellness market and all the spa and medicinal offshoots of this are another unexplored frontier in the industry"
Wednesday, July 3, 2019
Opposition spokesman on tourism, Dr Wykeham McNeill is urging the Government to formulate a policy framework to define its position on cannabis. Cannabis could provide opportunities, including a new retail market, with appropriate properties operating as dispensaries for the legal sale. “This further gives us the opportunity for branding products such as Orange Hill ganja, as well as a dedicated source of income straight from the retail market to these approved growers,” he said. The UN estimates that 37,000 acres of illegal ganja is grown in Jamaica for each crop cycle, with a production of approximately 66 million pounds per year. Given the estimated value of between $9,000 and $22,000 per pound, this equates to $1.48 trillion, or about 70 per cent of the country's gross domestic product (GDP).
