Tag: Forbes Magazine

MP Lisa Hanna Bats For Ganja Lab And Gets Support From Entertainers

Jamaica announced that it would authorize a regulated medical marijuana industry and decriminalize small amounts of weed in 2015, but they are yet to cash in significantly like other countries in the world. In the US, where a similar approach was taken in multiple states, Forbes Magazine reported that the marijuana industry had raked in US$17.5 billion in 2020, which represented a 46% increase from 2019. Jamaica’s industry hasn’t scratched the financial surface like this. Just two months ago, Jamaica faced a shortage of the herb due to an increase in local consumption and a drop in the number of marijuana farmers. She added that the island faced heavy rains, which were followed by a drought. Member of Parliament Lisa Hanna may have come up with a solution to help aid the indust...