As a child who grew up in Tortola CLR is sure to report this information !
BVI information studies
Government is projecting to make at the least $30 million yearly from the medicinal marijuana trade.
Premier Fahie gave that indication in the House of Assembly on Monday, June 22, whereas responding to public criticism that authorities “wants to make everybody high” from the drug.
But Premier Fahie knowledgeable the House that the BVI solely 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 stated.
Responding to subsequent questions from our information centre, Premier Fahie additional acknowledged: “That’s a projection annually once we set up the industry in a timely manner and with accountable measures, as is the current trend by government.”
These measures shall be outlined in the Cannabis Licensing Act of 2020 which has already appeared on the House of Assembly’s official schedule often known as the order paper. The laws will permit for medical marijuana to be produced and offered domestically.
Approximately 100 Virgin Islanders will each receive a plot of land from government for the cultivation and manufacturing of medicinally-purposed marijuana in Paraquita Bay, Tortola.
“We have the opportunity to create a minimum of 100 jobs because we are gonna aim for the 50 acres of land and cut them up into half acres,” Fahie stated.