Almost three years after legalizing adult-use hashish, the U.S. Virgin Islands is issuing enterprise licenses and accepting purposes for extra permits.
The U.S. territory’s Workplace of Hashish Regulation is presently accepting purposes for manufacturing licenses.
Functions, together with a $5,000 price, have to be submitted by Dec. 19 to be thought-about.
Final week, regulators issued licenses to 13 marijuana cultivators in St. Croix, St. John and St. Thomas.
Regulators are cunrrently reviewing purposes for dispensary licenses.
In response to Denver-based cannabis-focused regulation agency Vicente LLP, candidates for all licenses, aside from micro-cultivators, have to be majority owned by an individual who meets one of many following necessities:
- Lived within the U.S. Virgin Islands for 10 of the final 15 years
- Has attended college for within the Virgin Islands for a minimum of 5 years or is a graduate of a Virgin Islands highschool or the College of the Virgin Islands and is registered to vote within the Virgin Islands.
- An individual who would have graduated from highschool within the Virgin Islands however was briefly relocated due to a pure catastrophe.
The U.S. Virgin Islands legalized adult-use hashish in January 2023.
Voters authorized medical marijuana in a 2014 referendum.
Along with the U.S. Virgin Islands, different U.S. territories which have authorized medical marijuana embody Guam and Puerto Rico.
