Puerto Rico

Tue
10
Nov

Puerto Rico: The Recent Election May Still Be Good News for Recreational Cannabis

As more U.S. states—even highly conservative ones—welcome recreational cannabis, the pro-statehood party may increasingly warm up to legalization.
Last month, in Puerto Rico: November Surprise for Recreational Cannabis?, we proposed that a victory by opposition candidate Charlie Delgado “might be Puerto Rico’s best shot at recreational cannabis legalization.” As of 2:00 PM local time on November 5, Delgado has not conceded the race. However, the results so far suggest that the island’s next governor will be Pedro Pierluisi, who previously served as Puerto Rico’s congressional delegate. While in Congress, Pierluisi caucused with the Democrats, but his main affiliation is with the pro-statehood New Progressive Party (PNP).

Thu
06
Aug

The Medical Cannabis Industry Is Booming In Puerto Rico

Despite hurricanes, the pandemic, and economic woes (and maybe because of there things), Puerto Ricans want their weed.

Puerto Rico legalized medical cannabis in the summer of 2017. Two months later Hurricane María tore through the island, leaving it in chaos and without electricity for months on end. Political turmoil and earthquakes followed. And this year, the pandemic has wreaked havoc on the population. 

However, through it all, the medical cannabis industry has managed to thrive, selling an average of $10 million a month in 2020. To date, sales have reached $51.4 million. Last year, sales reached $128.5 million and produced $14 million in taxes.

Tue
21
Jul

Another Three Hemp Plans Get USDA Green Light

Earlier this week, the US Department of Agriculture approved hemp production plans under the nation’s Domestic Hemp Production Program for Minnesota, Tennessee and Puerto Rico.

Thu
28
Nov

Puerto Rico’s Hemp Industry Growing Roots

The Puerto Rico Department of Agriculture estimates that by 2020 there will be at least 10,000 acres of hemp cultivated in Puerto Rico for commercial purposes.

The director of the Office for Licensing and Inspection of Hemp of the Department of Agriculture, Irving Rodríguez, said that the local government needs to submit a plan before the United States Department of Agriculture (USDA) by January.

“After that we will move on to the commercial phase. There are already farmers with thousands of acres waiting,” the official said.

He anticipates the development of products such as cooking oil, milk or hemp juice, hemp blocks (hempcrete), animal feed, clothing, medical treatments and CBD items.

Mon
23
Sep

Cannabis Territory

Since cannabis legalization became the law of the land on the entire West Coast of the United States, much of the weed-concerned American public turned their attention to the East and Midwest. But the legalization trend has also continued west of the West Coast. Two U.S. territories, Guam and the Northern Mariana Islands, legalized cannabis for adult use within the past year — and other U.S. territories are quietly making moves in that direction.

Wed
21
Aug

Medical marijuana companies continue expanding in Puerto Rico

Medical marijuana firms are continuing to flock to the island, with the latest investments announced by Cansortium, Columbia Care and Bhang.

Cansortium recently announced that it was opening its second Fluent medical marijuana dispensary in Puerto Rico. Columbia Care is set to launch “vertically integrated operations” on the island, including a dispensary in San Juan and a cultivation and manufacturing facility in Cidra. Bhang, meanwhile, has signed a deal to distribute its more than 25 cannabidiol (CBD) brands to the island.

Cansortium’s new 2,200 square-foot dispensary is in San Patricio, Guaynabo, while the company’s first facility in San Juan began operations in Jan. 2018.

Wed
03
Jul

Will Puerto Rico produce the United States cannabis supply?

Drugs are central to Puerto Rico’s place in the world. Without Puerto Rico, the world would run out of medicine; without medicine, Puerto Rico would run out of money.

Fri
21
Jun

Vireo Health expands into Puerto Rico’s rapidly growing medical cannabis market

Vireo Health International, Inc. (“Vireo” or the “Company”) (CSE: VREO), a leading physician-led, science-focused multi-state cannabis company, today announced the acquisition of medical cannabis licenses in the Commonwealth of Puerto Rico. The acquisition is comprised of pre-approvals for licenses to cultivate, process, and sell cannabis products and operate up to six dispensaries.

Wed
08
May

Chemesis International Inc. expands cultivation operations in Puerto Rico

Read entire article here.

Wed
10
Apr

Chemesis International Inc. launches Viverian CBD products in Puerto Rico

Read the entire article here

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