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

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 have already been able to move towards having the three months crop, because the planting of it takes three months and we would have already mov...