Cannabis industry on a $10b high despite Melissa
Published 18 hours ago
Cannabis industry on a $10b high despite Melissa
Jamaica’s legal cannabis industry was valued at US$63 million, or more than J$10 billion, in 2025, up nearly two-thirds higher year-on-year, according to the Cannabis Licensing Authority (CLA), which regulates the legal sector. The CLA’s figure reflects storm recovery of the eight-week cultivation cycle of the crop, Along with the value of its trade across retail, wholesale, businesses, and government fees, and taxes. The figure excludes illegal cannabis and private cultivation.