Marijuana Business Magazine January 2020

January 2020 | mjbizdaily.com 29 chosen to run the new system, it will not be required to maintain all 20 outlets. “This is not a sale of the existing business, Cannabis NB, but rather the sale of the rights to operate recreational cannabis retail, wholesale/distribution and e-commerce in the province of New Brunswick on an exclusive basis over a period of 10 years with two five- year renewal periods,” the RFP document notes. The deadline for applicants to file an application is Jan. 10, 2020. Barbados Passes Medical Cannabis Law Barbados Gov. Gen. Sandra Prunella Mason signed a law into effect that forms the legal foundation for a medical cannabis industry in the island nation. The law mandates the creation of the Barbados Medicinal Cannabis Licensing Authority, which will develop regulations to govern the industry, including activities related to cultivation, processing, dispensing and export. The country will adopt a tiered approach to cultivation and processor permits, ranging from small- scale cultivation to large-scale farms. Barbados will require license holders to be citizens, permanent residents, hold immigrant status (which can be gained through investing) or be a citizen of a Caribbean Community member state. © 2020 Marijuana Business Daily, a division of Anne Holland Ventures. All rights reserved. Data is current as of Dec. 15, 2019.