Moves to Build Medical Marijuana Industry | cannabisMD

Moves to Build a Medical Marijuana Industry in Jamaica

Moves to Build a Medical Marijuana Industry in Jamaica

The Jamaican government is trying to boost their efforts in the marijuana industry. The Jamaican minister of Commerce, Agriculture and Fisheries Audley Shaw stated “time is not on our side,” referring to this matter during the opening of the 2016-2017 Budget Debate in the House on May 12. Audley Shaw states that the Jamaican government should not miss out on the medical marijuana craze and suggests the the country should jump on the bandwagon.

If the country proceeds with this action then Shaw claims his ministry will provide the resources for successful medical cannabis industry. Shaw wants to move forward to ensure that Jamaica is not left behind with the growing international medical cannabis industry. He believes that in order to grow, produce, and manufacture cannabis, they need to move quickly to gain as many advantages and opportunities as possible in the cannabis industry.

Shaw uses The United States as an example. He cites the fact that the United States legal marijuana market currently stands at US$6.7 billion as of 2018. Not only that but the future of the marijuana industry is predicted to rise from US$6.7 billion in 2018 to US$21.8 by the year 2020.

Shaw looks at European countries as additional examples such as:

  • Italy
  • Germany
  • The Czech Republic

Lincoln Allen, the Chief Executive Officer of the Cannabis Licensing Authority (CLA), stated that research has indicated that Jamaica has great potential for medical cannabis business. Cannabis is not illegal in Jamaica. Thanks to a law passed in 2014, Jamaican natives can carry small amounts of the drug publically without criminalisation (two ounces of marijuana per person). Not only will the Jamaican government be able to improve their health care by jumping on the medical cannabis bandwagon, but it will also increase the tax revenue through marijuana sales which in turn will bring more money into the country.

Shaw aims to focus on research and development in order to transform the industry. Shaw told farmers of the agricultural industry that they play a key role for authorizing and licensing Jamaica to achieve and sustain high levels of economic growth from the the marijuana business. Shaw wants to push this further and has introduced a youth-in-agriculture program to quicken up the process.

Who knows what the future holds for Jamaica, maybe one day they may follow in the footsteps of other countries. There is certainly a lot of support for Shaw’s vision and an established culture of recreational marijuana use in the country. For now it’s unknown territory but the future is looking promising for not only Jamaica but also for other countries looking into legalizing recreational marijuana and medical marijuana.

Niamh Tumilty
Niamh Tumilty
Niamh Tumilty is a writer and multimedia producer for cannabisMD where she is constantly evaluating the continued growth of CBD and its presence in the news. Her research and writing on cannabis and CBD can be found at niamhtumilty.com.

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