The Barbados Medicinal Cannabis Licensing Authority (BMCLA) has
announced that two (2) licensees with a combined nine (9) licences
have been approved to enter the cannabis businesses. Both licensees
are Barbadian owners.
Chief Executive Officer (Ag.), Senator Shanika Roberts-Odle
stated: “We are excited and very happy to have the Board
approve these licences, with Cabinet's approval. Barbados is
moving towards an ambitious new industry and our strategic plan
clearly sets out bold targets to fully realise the potential of
this market. This first set of licences represents a new economic
sector under the medicinal cannabis industry, which will drive
economic diversification across existing local sectors, stimulate
job and training opportunities and encourage local, regional and
international investment and entrepreneurship.”
