Barbados is preparing to allow foreign cannabis companies to set up operations there. They will be required to ensure locals own at least 30 percent of the business, the Ministry of Agriculture revealed.
Barbados Attorney General Dale Marshall introduced the Medical Cannabis Bill 2019 in the House of Assembly last month to usher in a legal industry. If adopted, Barbados would follow Jamaica, St Vincent & the Grenadines, and Antigua & Barbuda in permitting medical cannabis.
Agriculture Minister Indar Weir said of the 30 percent rule: “This is designed to make sure every last Barbadian is given a chance to participate. We’re not just singling out one group, but that every group that has an interest will be part of this industry.”
Mr Weir promised the Rastafarian community that he would allocate a minimum of 60 acres to them, on which they can cultivate cannabis for medicinal purposes. The rastas are pushing for marijuana to be legalized for religious reasons as well as medicinal issues.