Antigua and Barbuda will officially grant its first cannabis licence on Monday, according to the Office of the Prime Minister.
The Medicinal Cannabis Authority (the “MCA” or “Authority”) of Antigua and Barbuda which was established in 2019 pursuant to the Antigua and Barbuda Cannabis Act 2018 and Cannabis Regulations 2019 will hand over the first Licence for the production of Cannabis for Medicinal use to GROW Antigua.
The licence will go to GROW Antigua, a joint initiative between the Rastafarian Food For Life (RFFL), NAMCO, and Itopia Life Antigua Ltd.
The Medical Cannabis Authority First Official Medical Licence Handing Over Ceremony will take place at 2:00 p.m on Monday 14th at Grow Antigua, Seatons Village.
Running a medical marijuana operation in Antigua and Barbuda will cost an investor a whopping EC$325,000 in a license fee, a sum so steep that, some politicians believe it may shut out the local man.
The United Progressive Party (UPP) for one, wants the government to go back to the drawing board and reduce the fee to obtain a marijuana license.
So far, 5 applications for licenses have been received, and one provisional license has been granted at a whopping cost of EC$325,000.
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