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British Virgin Islands projected to make a yearly minimum of $30M in cannabis exports

Government is projecting to make at least $30 million annually from the medicinal marijuana industry.

Premier Fahie gave that indication in the House of Assembly on Monday, June 22, while responding to public criticism that government “wants to make everybody high” from the drug.

But Premier Fahie informed the House that the BVI only plans to harvest the non-psychoactive properties of the plant.

“It’s a specific strain that we’re going to be growing to export. Could you imagine little BVI exporting and have an opportunity to make a minimum, if we do it right, $30 million? And that’s being very conservative from our projections,” the Premier said.

Read more at bvinews.com

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