Jamaican investors pressing for marijuana ‘pot of gold’

Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw

As the legal barriers to the cultivation of marijuana around the world either fall like dominoes or are in the process of being dismantled and as users in potential major markets continue to warm to the prospects likely to derive therefrom, Jamaica, the Caribbean country most commonly associated with the herb, continues to push ahead in positioning itself to take advantage of the expected opportunities.

Last weekend, the island’s Ministry of Industry, Commerce, Agriculture and Fisheries disclosed that government is in the process of finalizing legislation that would clear the way for local producers to export to the world.

With the country having long popularized the use of marijuana across much of the world courtesy of its promotion through the music of its legendary reggae performer, the late Bob Marley, the Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, is already beginning to count the likely financial returns from marijuana exports.