Tag: marijuana

NEWS

Marijuana Banking Bill Approved

The U.S. House of Representatives passed a Bill that would give state-authorized marijuana businesses easier access to banking services. The Bill, H.R. 1996, called the SAFE Banking Act, would prohibit federal banking regulators from penalizing banks and other depository institutions for providing banking services to cannabis businesses. The Bill was passed on a 321-101 bipartisan vote. It prohibits regulators from penalizing […]

NEWS

Cuomo Wants New Yorkers To Have A Share In The “Pot”

New York Gov. Andrew Cuomo (D) has again called for legislation to legalize and regulate marijuana for recreational use. This move would see New York join neighboring states that have already legalize the product. More recently, Cuomo has opined that legalizing marijuana will help reform the criminal justice system and bring in over $300 million in revenue to the state. […]

POLITICS

Bahamas Seeks To Cash In On Marijuana

The Bahamas has now joined several countries in their quest to decriminalize marijuana for medicinal and recreational purposes. Persons over 21 will be able to use the substance for recreational purposes. Marijuana will be permitted for medicinal use for persons over the age of 18. Adults will also be allowed to have a maximum of one ounce in their possession […]

POLITICS

Trinidad &Tobago Government Set To Decriminalize Marijuana

The Trinidad and Tobago government has recently announced that it plans to introduce legislation that will allow for the decriminalization of marijuana for medicinal and other purposes. In a statement, Attorney General Faris Al-Rawi disclosed that there would be amendments to the Dangerous Drug Act and the introduction of the Cannabis Control Authority Bill. He noted that the government would […]

Jamaica

U.S. Banking System Puts Jamaica’s Marijuana In A Spot Of Bother

Audley Shaw, the Minister of Industry, Commerce, Agriculture, and Fisheries, has called for the legitimizing of licensed cannabis growers, processors, and the correspondent banking relationships by the U.S. He noted that the Jamaican Government would continue to press for a change and expects the U.S. to play a lead role. He made his remarks while addressing the CanEx Business Conference […]

Jamaica

Jamaica And Harvard Institute In Marijuana Partnership

Jamaica will be partnering with the Harvard International Phytomedicines and Medical Cannabis Institute (HIPI) in the United States on initiatives that will ensure the country remains competitive in the global cannabis industry. Portfolio Minister, Audley Shaw, in making the disclosure, said that representatives of HIPI will be visiting the island from September 30 to October 2, as part of the […]

POLITICS

Mike Tyson Seeks To Cash In On Marijuana In Antigua

Former world heavyweight boxing champion, Mike Tyson recently traveled to Antigua and Barbuda with the view of cashing in on the new marijuana business wave that seems to be overtaking the Caribbean region. Tyson is seeking to build a partnership between his marijuana farm and the local government led by Prime Minister Gaston Browne. Prime Minister Browne told a press […]

POLITICS

St. Lucia Joins The Marijuana Act

The St. Lucian government has given the nod to the re-establishment of a marijuana commission. The commission is mandated to consult and provide advice on the design of a legislative and regulatory framework for cannabis. Bradly Felix, St. Lucia’s Minister of Commerce and Industry, said the commission will first undertake an island-wide consultation. Secondly, it will present its findings to […]

POLITICS

St. Kitts Set To Decriminalize Marijuana

The St. Kitts-Nevis government has become one of the latest countries to release the stranglehold placed on marijuana for years. The government in its bid to free up the use of marijuana has recently tabled legislation in Parliament allowing for the regulated and controlled use of marijuana for medicinal, scientific, religious and recreational purposes in the twin-island Federation. Earlier a […]

Jamaica

Jamaica A Major Marijuana And Cocaine Transit Point

According to the U.S. Department of State, Jamaica remains the largest Caribbean source country of marijuana and a significant transit point for cocaine trafficked from South America to North America and other international markets. The report noted that traffickers export Jamaican-grown marijuana to other Caribbean countries in return for illicit firearms and other contraband. It also noted that “Jamaica’s geographic […]