The international cannabis industry is getting more interconnected than ever before and Canadians are still leading the way while other nation’s policies are still trying to catch up. Canada’s progressive national policies, while still needing some fine-tuning, have allowed its cannabis companies to make moves around the globe that others simply cannot make.
Canadian companies have become major exporters to Europe and are actively seeking expansion in new, burgeoning markets around the globe. One major deal has just been announced in Jamaica as Aphria has just announced the licensure of the Sensi Medical Cannabis House through its subsidiary Marigold Projects, that will, very fittingly, be located in Peter Tosh Square, overlooking the Peter Tosh Museum in New Kingston. Excitingly, the retail herb house, licensed by the Jamaican Cannabis Licensing Authority will also have an on-site consumption lounge, in addition to selling cannabis strains, infused products, and accessories.
“The approval of Marigold’s first Herb House signals an exciting time for Aphria. We believe that there is tremendous opportunity in Jamaica from a domestic and international perspective and we look forward to bringing Sensi products to the market,” stated Aphria’s Irwin D. Simon in a company press release. ”Receiving this licence is testament to our team’s hard work and dedication in growing our Caribbean and LATAM business as we provide high-quality cannabis products in regions. Aphria will continue to execute on our business plan to create long-term value, sales growth, and profitably in Canada and internationally.”
Aphria and Marigold plan to have a grand opening for the Sensi Medical Cannabis House in August and is seeking to open locations in Portmore, Ocho Rios, Montego Bay, and Negril. What an exciting time for the Jamaican and international cannabis community that travel to beautiful nation. Jamaican reggae legend Peter Tosh recorded his anthem “Legalize It” back in 1975. It’s good to see that the world is finally listening.
The International Cannabis Business Conference is the best industry event to learn the latest and to network with top investors and entrepreneurs. Next up: Vancouver, Canada, this September 15-16, featuring top experts in the field, PLUS a performance on a luxury yacht by Cypress Hill’s DJ Muggs at the after party. Don’t delay, purchase early bird tickets before prices go up on August 21st.