Why it matters: The Virgin Islands, a U.S. territory, is progressing towards the implementation of recreational cannabis legalization after a period of delay. This move aligns with the growing trend of cannabis reform globally.
What they are saying: The advisory board chairperson expresses excitement about the progress, while the governor emphasizes the importance of rectifying the past harms caused by cannabis criminalization. The law allows adults to possess specified amounts of cannabis, and there will be a tax applied to recreational sales.
The big picture: The Virgin Islands’ legalization policy includes criminal expungement and acknowledges the cultural and sacramental uses of cannabis. The implementation of the program is expected by April, with retail businesses registering by mid-2023. However, licenses for cultivation and manufacturing may not be granted until 2025.
What to watch: Observers should monitor the public comment period for proposed regulations and any potential changes that may occur. Additionally, keeping an eye on the registration process for cannabis users, as well as the progression of retail and seed-to-sale operations, will provide insights into the development of the recreational cannabis industry in the Virgin Islands.
My take: The progress made by the Virgin Islands in moving towards recreational cannabis legalization is significant, as it reflects the global shift towards cannabis reform. The inclusion of criminal expungement and recognition of cultural uses highlight a commitment to righting past wrongs and respecting diverse perspectives on cannabis. However, the delay in granting cultivation and manufacturing licenses may impede the industry’s full establishment. Overall, it is encouraging to see another territory within the United States moving towards cannabis reform.