Jamaica ‘ganjapreneurs’ awaiting US Senate verdict on marijuana bill

Dr Henry Lowe Jamaican Cancer Researcher

Having in recent years secured a string of breakthroughs that have transformed its status from that of an illicit narcotic that could land you in jail to a medicinal herb that has attracted the attention of medical researchers and investors in metropolitan countries, marijuana may well be on its way to taking another game-changing step towards full-fledged societal acceptability. Last week, Jamaica’s so-called ‘ganjapreneurs’ were reportedly nodding vigorously with satisfaction over a new United States legislative bill that could be a significant breakthrough in what has been a vigorous fight to have banks in the US do business with marijuana companies.

 While other hurdles including additional banking issues may still represent roadblocks to marijuana’s full acceptance as a legitimate commodity in wider business circles, the Bill, the Sunday September 29 Jamaica Gleaner says, “would open up new opportunities for investments and exports from Jamaica,” according to operators in the medical marijuana trade.” Not only could the Bill open the doors of banks to engaging businesses in the ganja trade, the Gleaner says,  but it could also  remove “other roadblocks to business” in the global marijuana trade and “open up new opportunities for investments and exports from Jamaica.”