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VI lost potential investors due to hold up of Cannabis Bill- Premier Fahie

- says Bill is not in violation of any international law & is baffled that it is not yet assented to
Premier Andrew A. Fahie's statements come following a December 10, 2020, update from Governor Augustus J.U. Jasper on the Cannabis Licensing Act 2020, which he said will be assented pending a Memorandum of Understanding and more collaborations with the UK to establish a legal framework for the industry. Photo: VINO/File
Premier Andrew A. Fahie said that while the United National (UN); which has recently reclassified marijuana as a less dangerous drug, did not mention the VI, their policies matched up against the territory’s active and diligent drive to ensure that all the measures in the bills were compliant with international laws. Photo: Internet Source
Premier Andrew A. Fahie said that while the United National (UN); which has recently reclassified marijuana as a less dangerous drug, did not mention the VI, their policies matched up against the territory’s active and diligent drive to ensure that all the measures in the bills were compliant with international laws. Photo: Internet Source
The Cannabis Licensing Act, 2020, passed since June 2020, paves the way for the territory to establish its medicinal marijuana sector however, to date it has not been assented by the Governor. Photo: Internet Source
The Cannabis Licensing Act, 2020, passed since June 2020, paves the way for the territory to establish its medicinal marijuana sector however, to date it has not been assented by the Governor. Photo: Internet Source
DUFF'S BOTTOM, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has said that as a result of the hold-up of the Cannabis Bill, passed since June 2020 in the Virgin Islands House of Assembly (HoA) for the territory to establish a medicinal marijuana sector, the territory has already lost some potential investors.

The Premier’s statements come following a December 10, 2020, update from Governor Augustus J.U. Jaspert on the Cannabis Licensing Act 2020, which he said will be assented to pending a Memorandum of Understanding and more collaborations with the United Kingdom (UK) to establish a legal framework for the industry.

Foreign Secretary involvement a first - Premier 

“Mr Speaker, we know that the Cannabis Legislation has not been assented to, and for the first time ever in my history of being in politics or checking around the Caribbean, I am understanding now that the Foreign Secretary is the one who will be dealing with having it assented to and we're going to be involved in some MoU and different areas,” Hon Fahie said.

The Premier was at the time speaking at today’s, December 14, 2020, Second Sitting of the Third Session of the Fourth House of Assembly on the topic of revenue generators and income diversification.

“Mr Speaker, I pray that this is not something done to stop us even further, but something that is done to help push forward this matter and have it done very quickly,” the Premier went on to say.

Lost investors & delays a concern

He said so far, the Virgin Islands (VI) has already lost several potential investors in the sector as a result of the hold-up, and these investors have not invested in other places.

“This, Mr Speaker, is room for concern because when we pass the Cannabis legislation, despite all the negative talk around it… we have seen lately where the United Nations have come forward now, independent of what we have passed but yet now, to validate everything that was passed in that building stage.”

He said while the United Nations (UN), which has recently reclassified marijuana as a less dangerous drug, did not mention the VI, their policies matched up against the territory’s active and diligent drive to ensure that all the measures in the bills were compliant with international laws.

Bill has no legal violations - Premier 

“So, we are not in violation and we kept saying that all the time, there is no legal violation so we couldn't understand why it was not being assented to,” adding that he who controls the economics, "controls your country.” 

The Premier noted; however, that the VI cannot afford the delays to continue as they have already adversely impacted the local economy and investment climate.

17 Responses to “VI lost potential investors due to hold up of Cannabis Bill- Premier Fahie”

  • hot (14/12/2020, 15:55) Like (78) Dislike (22) Reply
    Like if you think the Governor should stay in the bvi

    Dislike if you want him to leave the BVI
  • yowwww (14/12/2020, 16:07) Like (7) Dislike (34) Reply
    we want bigger CC limits for bikes
  • GG (14/12/2020, 16:16) Like (5) Dislike (4) Reply
    I want to hear about this curfew, two weeks long gone
  • stop (14/12/2020, 16:19) Like (15) Dislike (2) Reply
    OHHHHH THE LIES AND MORE LIES.
  • Wait (14/12/2020, 17:03) Like (10) Dislike (1) Reply
    so outside money comingim when we can already grow the stuff ourselves, back handers much
  • long look me come from (14/12/2020, 17:20) Like (5) Dislike (32) Reply
    The governor is wicked he want to see us eat rocks
  • INVESTORS (14/12/2020, 17:26) Like (27) Dislike (7) Reply
    Utter Rubbish, any potential investors would be put off by the lack of any plan
  • uh (14/12/2020, 17:46) Like (24) Dislike (0) Reply
    Before you all got stuck on this cannabis bill u all need to check out the high cost of living
  • well saw (14/12/2020, 17:53) Like (8) Dislike (6) Reply
    It was always an investment for the White man not local.
  • Servant of the Most High God in Christ Jesus (14/12/2020, 18:55) Like (4) Dislike (9) Reply
    December 13,2020 abour 7:45 I was at Fine Foods Store. Two of the many men that hang out there daily diing the normal drinking, smoking, cursing, doping etc, began fist fighting. One of the men, as he strucked the other man continue repeating, "stop telling lies on me." After he thought that his fists was not doing enough damaged, he went to the trash basket close by, and began throwing empty bottles at the ither man's head, all the while repeating, "stop telling lies in me." All of the bottles that he threw at the other man's head mised his intended mark. He became more angry, it seem to me, he quickly went an garther some softball size stones. The other man, realizing that thing could get wost for him, quickly left for home, close to East End Police Station. The furious man returned, but he not then seeing his intented victim, began to pursue him, as they both got closer the the Police Station. That is as far as I know about that.
    Now let me have a few words, if you please in reference to the delayed carnabis bill. Our Premier said the investers were lost because of this delayed, also mean finance are being holdup, delay, etc. Marijuana in itself is not an evil tree, but evil minded persons use the gio tree to perform evil deeds. Amen. The two men that I wrote about at the top part of this writing, are being trapped by one of marijuana's properties. What should we do to safeguard or youth? Is money more valuable to us than their sanity and welbeing? Yes, it is us that need money. Money don't us. They the youths need us. It is time that we stop playing politics with human lives. God loves us all equally, shouldn't we one and others? YES WE SHOULD. WITH God'S HELP WE CAN. With God's helP WE CAN. GOD'S LOVE IS FOR EVER IN US, IF WE PRACTICE IT TO HIM AND OTHERS. THIS IS THE IMMOVABLE LAW, THE LAW OF GOD'S LOVE FOR ALL PEOPLE EVERY WHERE. STAY UP WITH HOPE. WE SHOULD BE WISE NOT TO GO DOWN WITH DOPE.
  • asking for a friend (14/12/2020, 20:49) Like (4) Dislike (11) Reply
    This racist man still here ? When is he leaving?
  • NOt for the People (14/12/2020, 22:37) Like (4) Dislike (0) Reply
    My issue with that bill, location and authority. The cabinet must approve, farm only in the East....Why Why.
  • kkk (15/12/2020, 07:12) Like (3) Dislike (3) Reply
    He is an undercover racist the premier is correct
  • Yes (15/12/2020, 08:57) Like (7) Dislike (1) Reply
    Go and invest in planting food, the same way you’re allocating land to plant marijuana, do the same to plant food. This world is so one sided, unless the leaders can get a profit from something, they deemed it illegal.
  • I believe that (15/12/2020, 09:04) Like (2) Dislike (0) Reply
    That sounds true to me,,, People are not sitting around with their money waiting on the BVI with their internal issues,,,,, Same can be said for the tourist,,,, It's a competitive world,,,,,We don't seem to understand that,, We not moving serious,,,,
  • blame game (15/12/2020, 11:56) Like (5) Dislike (1) Reply
    Always someone else's fault. This time UK & Gov.


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