A key player and advocate in the cannabis industry, Paul Burke, is calling for a review of what he sees as Jamaica’s outdated cannabis regulations.
Mr. Burke, who’s Chief Executive Officer and Chairman of Apollon Formularies Jamaica, says the regulations, which were formulated in 2015, were intended to be in place for only two years.
Mr. Burke says another issue with the regulation is the stipulated fence height.
He says he’s also hoping that ganja will be reclassified.
He was addressing the official opening of Doc’s Place Wellness Centre in Negril on Friday.
Meanwhile, Mr. Burke says he believes the passage of the Safe Banking Act in the United States will help Jamaica overcome the de-risking issues.
De-risking is the process by which financial institutions terminate or restrict business relationships with certain clients to avoid risk.
Mr. Burke says until de-risking is properly dealt with, Jamaica’s cannabis industry will continue to struggle.