DPM on marijuana: We have to weigh the benefits
“What we would not want to do is cost more harm. We have to consider both sides"
Monday, December 30, 2019
The Bahamas must carefully weigh the benefits and the liabilities that come with a legalized medical marijuana industry, according to Deputy Prime Minister and Minister of Finance K Peter Turnquest. Turnquest was asked about the recently released leaked preliminary report by the Bahamas National Commission on marijuana, which green-lighted both recreational and medicinal marijuana. The preliminary report features recommendations from various subcommittees on the medical, economic, religious and recreational use of cannabis in The Bahamas – and called for Bahamians to own 51 percent of the industry in a legalized framework. The BNC also recommended the government set cannabis tax not exceeding ten percent. (See also The Nassau Guardian editorial: The marijuana debate)