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Opposition Leader Kamla Persad-Bissessar has unveiled more of her party’s plans to develop the local cannabis sector, saying this will be among new initiatives her party will use to stimulate revenue streams outside of traditional industries.
Speaking during a meeting at the Las Lomas #2 Recreation Grounds on Saturday night, Persad-Bissessar said investing in the cultivation and export of cannabis for recreational purposes could improve this country’s earning capacity while creating new employment opportunities at home.
Quoting figures which suggested that the global cannabis market was projected to exceed US$100 billion by 2030, she said T&T should position itself to take advantage of such widespread demand and announced a slew of incentives to help enhance the growth of cannabis cultivation, while also regularising the industry to ensure compliance with international standards.
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