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BVI Losing Money as it Waits for Governor to Approve Medicinal Marijuana Act, Says Premier Fahie

Ernice Gilbert | October 13, 2020

An Act authorizing the implementation of a medicinal marijuana industry in the British Virgin Islands, which was passed in the British territory's House of Assembly in July, was promoted as a source of revenue for the government. But three months later, BVI Governor Augustus Jaspert — appointed by the British monarch on the advice of the British government — have yet to approve the Act, leaving the territory which is already losing millions of tourism-related dollars because of the coronavirus pandemic, in a worse position financially. BVI Premier Andrew Fahie said during an interview with 248 Media on Friday, (via BVI News), that the government was expected to earn millions of dollars through the medicinal marijuana industry. He also said over 100 jobs would have already been created. “I could only say that if it was passed already we would…

Pandemic Opportunities: St. Croix Family Launches…

Ernice Gilbert | October 13, 2020

ST. CROIX — The deadly coronavirus has laid waste to many businesses, some even generational, as customers…

New Oil Discovery in Guyana Expands Already Vast,…

Staff Consortium | September 09, 2020

GEORGETOWN, Guyana, CMC – Guyana Tuesday reiterated that it would enact policies to ensure that citizens…

Barbados Set to Introduce National Digital Identification

Staff Consortium | June 19, 2020

BRIDGETOWN, Barbados, CMC – Barbados is working toward introducing a National Digital ID, which could…

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$1.5 Million Petrus Plaza BVI Opens Next Week

Angela Burns | January 17, 2020

FISH BAY, TORTOLA – Former U.S. Virgin Islands Senator and Gubernatorial Candidate Allie Petrus is expanding his business operations with a $1.5 million investment in the British Virgin Islands.  ...

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