- Jamaican cannabis has benefitted from burgeoning global demand in 2021, with the regulator issuing 42 export licenses
- American Cannabis Partners has sought to capitalize on growing demand for Jamaican cannabis through a strict adherence to Jamaican cultivation techniques given its close links to the nation
- US cannabis cultivators are gradually increasing their focus on product differentiation to gain market share within the rapidly growing sector
For Jamaican cannabis cultivators, business is booming. The nation’s industry regulator, the Cannabis Licensing Authority (“CLA”), recently revealed that it had witnessed a dramatic uptick in demand for Jamaican ‘ganja’ on the global market, having issued export licenses to territories as far away as Australia and Germany in recent months, both of which were seeking to import Jamaican cannabis for research and medical purposes. In total, the CLA stated, the regulator had issued 42 export authorizations to 10 entities trading with various regions across the globe thus far this year (
https://cnw.fm/uml0O).
“What this tells us is that we have been producing cannabis to the standards required of these other jurisdictions and therefore there is potential for commercial quantities to be exported in the future once…
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