News from/mentioning Caribbean Community
Official Statement from the SVG Medicinal Cannabis Authority
The Medicinal Cannabis Authority (MCA) wishes to inform the general public, that the Cabinet of St. Vincent and the Grenadines has accepted the recommendations of the Board of the MCA to approve medicinal cannabis licences for the following:
- Eight (8) local farmers’ producer cooperatives with an aggregated membership of over 100 traditional cultivators;
- Thirteen (13) traditional cultivators of cannabis who applied individually;
- Three (3) non-traditional local farmers, consisting of one Class A (valuing EC$500) and two Class B (valuing EC$2,500 each); and
- Ten (10) companies with the directorship of nationals from the OECS, CARICOM, North America, Europe and Africa.
Of these companies, there are three Class E licences (valuing EC$2.67 million each), two Class D (valuing EC$1 million each), three Class C (valuing EC$500,000 each), one Class B (valuing EC$250,000 each) and one with Class A (valuing $100,000).Sunday, July 14, 2019