By / February 11, 2020

Jamaica wants to help cannabis farmers go legal

Besides Amsterdam, Jamaica has undoubtedly been for many years a place of longing for cannabis enthusiasts. Many people were interested in cannabis medicines found on the Caribbean island.

The policy on cannabis is changing and the many cannabis farmers in Jamaica, who have been illegally growing cannabis so far, are now going to be allowed to feed their products legally into the market, according to the government’s will.

The politicians want to give the industry and agriculture in general, a chance for a possible boom, which can be economically consolidated with legal cannabis. How is that possible after decades of illegality? In the USA, there are still growers who are in illegality for the time being, because the cultivation licenses are very expensive and the taxes are too high – can Jamaica dry out the black market more efficiently by growing cannabis outdoors?

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What is behind the Alternative Development Program for Cannabis?

The Jamaican government has outlined plans to help illegal cannabis growers capitalize on the country’s emerging legal cultivation industry. (Source)

The Alternative Development Program for Cannabis is the name of the political initiative against the cannabis black market. Concretely, through this initiative, the Government wants to help cannabis farmers get financial aid, as well as technical support for legal breeding. Already in 2020, the aim is to eliminate the majority of the illegally producing farmers and to develop qualitatively as a leader worldwide in cannabis seeds.

Farmers who have been secretly growing cannabis and selling it to dealers should now do so within the framework of the law, and supply the market for medical cannabis, at least according to the Jamaican Minister for Agriculture, Industry, and Fisheries.

Jamaica is certainly speculating on a part of the income generated by cannabis worldwide in the tens of billions of dollars, thanks to the increasing number of countries that have legalized cannabis. The Caribbean island sees itself as an old, high-quality vineyard that is now entering the market and expects a kind of loyalty bonus from many customers. The huge cannabis market in North America is, of course, in the focus of Jamaican breeders and politicians.

The growth prospects for cannabis in Jamaica are excellent

In addition to financial aid, which farmers in the EU also receive for their products, Jamaica is often concerned with basic equipment for more professionalism. Thanks to the fact that the sun shines most of the time in the Caribbean, the growth prospects for cannabis are excellent.

In addition, the banks in Jamaica are open for transactions, so they could offer a bridge to the USA. There, financial institutions can’t offer loans or other types of financial support to the hemp business because, at the federal level, cannabis is still illegal.

Already last year, the first legal cannabis exports were made to Canada. Intensive cannabis tourism is also planned, which has been around for ages thanks to Bob Marley. However, the whole cannabis business is to be professionalized just like a brightly cleaned dispensary in downtown Chicago.

Jamaica is paying off good chances especially in improving the opportunities for the rural population. It remains to see how the country will perform in aspects like research and development. That is because, as an economic model, cannabis only works with the necessary seriousness and reliable work, which, at least so far, was not always really guaranteed in many countries in the Caribbean.

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(Featured image by Jose Espinal via Pexels)

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