The government has said it is unable to provide a clear estimate of how much tax is being raised from the Island's medicinal cannabis industry.
Responding to a written question from Deputy Karen Wilson, Economic Development Minister Kirsten Morel said that no breakdown of the nascent sector's contribution in terms of Gross Value Added, employment or tax receipts could be given.
Deputy Morel wrote: "Tax information cannot be provided where the number of taxpayers is fewer than 12 to avoid inadvertent breaches of taxpayer confidentiality."
The only figures provided in the Minister's response related to licence fees, which revealed that nearly £15,000 is expected to be raised through cultivation licence renewals this year. Meanwhile, revenue from export licences has already reached £8,150 in the first half of this year – almost matching the £8,700 collected in the whole of 2024 – with the government reporting a "noticeable increase" in exports of medicinal cannabis.
Read more at Jersey Evening Post