JM: Cannabis export regulations to be finalised in September

The Jamaican Government is finalising legislation to allow for cannabis producers to export the weed.

Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw says producers could potentially earn $30 million per gallon for exported cannabis oil.

“I have set a target for the end of September for the regulations to be promulgated,” said Shaw on Wednesday night at the official opening of the Sensi herb house at the Pulse Centre in Kingston.

“I want us to start exporting extracted oil and buds from Jamaica to external markets. Canada wants it, Australia is crying out for it and Germany. All over the world, they want the Jamaican brand,” he said.

The Cannabis Licensing Authority, CLA, has granted 54 licences to date for cultivation, processing, selling, transporting and research. The next tier will see the inclusion of export permits following the enactment of the import-export regulations. The draft regulations have moved through various bodies for review, including Shaw’s Ministry, the Ministry of Justice, Attorney General’s Department and the Chief Parliamentary Counsel, and is now at the CLA for final review.

Read more at jamaica-gleaner.com


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