In various ways, and in various nations, leaders are looking for ways to clean up the illicit market or try out medical use.
Lawmakers in hard-hit Colombia, Mexico, and Paraguay see big benefits if leaders don’t tarry.
The nation’s leaders have agreed to draw up adult-use legislation and set a date to vote on it.
A draft regulation would allow home cultivation and sales of oils via pharmacies.
“While we are a locally-based industry, we are globally focused,” said Minister Floyd Green.
An analysis presents a case for adult-use, among other reforms, as the country’s leaders consider how to shape legislation.
With an eye toward exports, the BVI government aims to create a $30 million industry for domestically cultivated cannabis. But high fines and long sentences stay in place.
A new report on global drug trends also notes that cannabis accounts for more than half of all global drug law offenses, and “remains the main drug that brings people into contact with the criminal justice system.”
Many small farmers here would like to grow cannabis legally, but a rigid bureaucracy and stiff financial requirements are fencing them out.
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Arrests are down, illicit crops are up, and everyone awaits further legislation.
A draft bill to legalize cannabis for adult use was released last week for public input.
Barbados: A Medical Cannabis Industry Seems Close to Launch, but Small Farmers Fear They’ll Be Left Behind
At a meeting, regulators hear worries that big international companies will dominate.
A similar bill failed in December amid debate over whether cannabis tax revenue should go toward saving the pension fund, or toward boosting other sectors, such as infrastructure and tourism.
With cannabis developments slowed by the COVID-19 pandemic, bureaucrats shift some regulations to boost the industry, such as export and online sales for patients.
But post COVID-19 pandemic, the nation still aims for growth in the industry.
A referendum will take place in September in New Zealand, where medical cannabis is already legal.