Chairman of the Cannabis Licensing Authority (CLA), LeVaughn Flynn, says Jamaica must better position itself to capitalise on the growing global market for cannabis, as more countries are permitting its use for medicinal, scientific and therapeutic purposes. “Specifically, we need to get to a place where we are producing more cannabis by-products like nutraceutical pills, tinctures and cannabidiol (CBD) water....

State Minister for Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, says that the Government is working quickly to overhaul the interim regulations governing the cannabis industry. He said that the measures, enacted in 2015, are no longer appropriate for the fast-growing industry. “They require a complete rework and we are now set at the Ministry to work assiduously...

Chairman of the Cannabis Licensing Authority (CLA), LeVaughn Flynn, says the Dangerous Drugs (Cannabis Import and Export Licensing) Regulations 2020 is now in the final stages before promulgation. “It is now with the Attorney General’s Chambers and only awaits, I believe, my signature, then on to Cabinet before it is gazetted. So the export regulations are almost complete,” he said....

Minister of Industry, Investment and Commerce, Hon. Audley Shaw, is encouraging more entrepreneurs to formalise their businesses through registration in order to gain access to greater funding opportunities with lower interest rates. He said formalisation will also allow businesses to become more competitive in the local as well as the international marketplace. “Instead of going to borrow money at 20...

Chief Executive Officer (CEO) of the Jamaica National Agency for Accreditation (JANAAC), Sharonmae Shirley, is encouraging stakeholders in the cannabis industry to seek accreditation of their products, as this is critical in removing technical barriers to trade. The multibillion-dollar global industry is connected with several critical sectors, including healthcare, pharmaceuticals, consumer goods, and agriculture. “If your company wants to demonstrate...

Creating an effective selling strategy is essential in driving revenue for business operators, says Sales Expert and Entrepreneur, Stacey Campbell. Speaking at the Jamaica Business Development Corporation (JBDC) Virtual Biz Zone held recently, Ms. Campbell advised that in building a selling strategy it is important to create a message that describes the value of the product or service to a...

Jamaica National Agency for Accreditation (JANAAC) will be hosting a virtual forum on Wednesday (June 2) which will explore ‘Jamaica’s Cannabis Industry and the Supporting Role of Accreditation’. The event is in observance of World Accreditation Day on June 9. Chief Executive Officer (CEO) of JANAAC, Sharonmae Shirley told JIS News that the forum will look at “the changing face...