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BVI to Provide 100 Locals With Half Acre of Land to Cultivate Medicinal Marijuana

Business Published On January 16, 2020 06:36 AM
Staff Consortium | January 16, 2020 06:36:26 AM

BRITISH VIRGIN ISLANDS — The Government of the British Virgin Islands will provide approximately 100 of its citizens with half an acre of land each to cultivate medicinal marijuana, Premier Andrew Fahie disclosed during a recent radio talk program called Honestly Speaking with Claude Skelton Cline.

“We’re looking at Paraquita Bay for 50 acres of land, to empower 100 Virgin Islanders, 100 Belongers and we are doing it by districts. The Territorial members will also be able to include some youngsters, so at least the minimum of 10 persons per district for each of the nine districts,” Mr. Fahie said. "We want to be able to give the 100 of them — each of them — a half-acre of land and this is what we are working towards so that they now can become the captains of their own ship and destiny financially."

Aside from providing locals with the business opportunity, the premier also stated that he was in the process of luring at least one major investor to the BVI to start a medicinal marijuana operation. "We have some of them we are already speaking to bring in their innovation, and that is going to open up the BVI tremendously,” he said. The news was first reported by BVI News.com.

During his First District Annual Report, where BVI premiers give an account of the past year in office along with upcoming initiatives, Mr. Fahie noted that while some in the BVI were arguing against the medicinal marijuana industry, other Caribbean islands were moving ahead. "But that wouldn’t happen under this government,” he said.

 

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