Officials are said to be considering ways of raising funds
through the Barbados Stock Exchange (BSE) to help fund development
and innovation in the burgeoning medicinal cannabis industry.
Word of this has come from Shantal Munro-Knight, Chief Executive
Officer of the Barbados Medicinal Cannabis Licensing Authority
(BMCLA), who said every effort was being made to ensure that locals
have a major stake in the industry.
Munro-Knight opted not to say what mechanisms were being
considered for raising funds through the BSE, but added that
critical to the growth of the medical cannabis industry was the
creation of strategic linkages and innovation.
"One of the proposals that has come before us is for
raising financing through a stock exchange mechanism. I won't
speak to that definitively because that is under consideration, but
just to signal that our intent is as much as possible to facilitate
innovation in the industry and create as much critical linkages and
make