Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries, Floyd Green, says progress is being made in the build-out of the local medical cannabis industry, with work advanced on regulations and guidelines.
He said the Ministry is in receipt of the first draft of the import/export regulations for cannabis for final review and discussion.
The regulations, upon enactment, will give the Cannabis Licensing Authority (CLA) jurisdiction or statutory authority to handle requests for import/export of inflorescence/flower and extract/resin.
As at September 30, the CLA had issued 47 licences for activities such as cultivation, retail, processing, research and development, and transportation, with 12 applicants making final arrangements for the granting of their licences.
Additionally, there are 250 applications at the conditional approval stage.
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