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BMCLA Hosts Inaugural Bajan Cannabis Conference

Barbados is forging ahead in the medicinal cannabis industry with innovative solutions, despite the challenges being faced.

Acting Minister of Agriculture, Food and Nutritional Security, Wilfred Abrahams, stated this last Friday, while addressing the inaugural Bajan Cannabis Conference, at the Lloyd Erskine Sandiford Centre, Two Mile Hill, St. Michael.

Noting that this country is charting an exciting future for the sector, with a focus on transforming healthcare, empowering local entrepreneurs, and embracing digital innovation, he said this will allow Barbados to position itself as one of the leaders in the Caribbean in this lucrative and fast-evolving global industry.

Mr. Abrahams disclosed that “11 applicants, representing 33 licences”, had been approved to date. He added: “And we are committed to moving this industry forward. This announcement marks a major step in Barbados’ drive to develop a thriving medicinal cannabis industry that will contribute to both healthcare and wellness tourism.”

The Minister praised the Barbados Medicinal Cannabis Licensing Authority (BMCLA) for its efforts in assisting local entrepreneurs to join the growing industry by introducing a flexible payment plan. “This plan allows licensees to pay 60 per cent of their licence fee upfront, with the remaining 40 per cent paid in instalments over the first three years, …  either monthly, quarterly, or annually,” he stated.

Meanwhile, acting Chief Executive Officer of the BMCLA, Shanika Roberts-Odle, pointed out that the industry continues to face significant challenges, particularly with the banking sector’s reluctance to support cannabis-related businesses.

To deal with this and other issues, she said three Memoranda of Understanding (MOU) were signed, which sought to overcome key hurdles and advance the development of the medicinal cannabis industry in Barbados.

The CEO noted that one of the most pressing challenges has been the lack of banking solutions for businesses in the medicinal cannabis sector, not only in Barbados but globally. To address this, she said the BMCLA partnered with M Money, a digital banking platform, to develop solutions that will facilitate local transactions for cannabis businesses.

Ms. Roberts-Odle pointed out that traditional financial institutions have been hesitant to support the industry due to regulatory concerns, and this had slowed investment and growth.  

“While we haven’t completely solved the banking issue, this brings us closer and allows us to move money locally. Banking has been one of the biggest stumbling blocks, particularly in terms of facilitating investment in the industry,” she said.

The CEO disclosed that the BMCLA had also entered into a collaboration with Export Barbados, which is designed to support the marketing, testing, and manufacturing of medicinal cannabis products, ensuring that products are developed to the highest standards and marketed internationally.  “It’s not just about growing the plant; it’s about marketing these products internationally and manufacturing them to the highest standards,” Ms. Roberts-Odle explained.

Also recognising the need for regional collaboration, she said the BMCLA signed an MOU with the Caribbean Cannabis Forum, which reinforces the need for a united Caribbean approach to cannabis policy, particularly when dealing with international regulatory bodies such as the World Trade Organization and the United Nations.

“Barbados has always recognised the importance of moving together as a Caribbean region. It has been crucial in protecting our interests on the international stage,” said Ms. Roberts-Odle.  

She noted that the partnership also ensures that Barbados and its Caribbean neighbours continue to advocate for policies that reflect their unique relationship with cannabis, while also promoting responsible usage and industry standards.            

She added: “We recognise the frustrations that people have expressed, but the transition from growing cannabis informally to producing medical-grade cannabis for immunocompromised patients is a vast leap. The BMCLA is committed to ensuring that our industry meets these high standards.” (PR/GIS)

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Health

Team RUBIS gets set to Walk for the Cure in 2024

RUBIS will Walk for the Cure in 2024, supporting the Company’s silver sponsorship of the annual fundraiser, which is organised by the Barbados Cancer Society’s Breast Screening Programme in partnership with CIBC Caribbean. 

The event is scheduled for Sunday, October 6th, 2024, and Team RUBIS will be out in full force as 103 staff members, their families, and friends join the effort to raise awareness about breast cancer. The event also generates essential funds for purchasing equipment and other critical resources needed by the Breast Screening Programme.

Mellissa Broomes, Brand Marketing Specialist, underscored RUBIS’ commitment to the cause, stating: “We are proud to support the Walk for the Cure, recognising the significance of this cause and its role in educating the community. This initiative is vital in raising both awareness and funds in the fight against cancer, and we are honoured to contribute to such a meaningful and impactful cause.”

Sonya Alleyne, Treasurer of the Breast Screening Programme of the Barbados Cancer Society, welcomed RUBIS’ involvement.

“The Breast Screening Programme of the Barbados Cancer Society is thrilled to welcome Team RUBIS on board as a sponsor for the Walk for the Cure event on Oct 6, 2024. We are mindful that there is a great demand on your marketing spend and are thankful that you chose to invest your dollars in this extremely important area. Your dollars go to ensure that breast cancer screening is done with cutting-edge equipment and diagnostic tools. This way, we can detect breast cancer early and commence lifesaving treatment. Early detection is your BEST protection,” Ms. Alleyne stated.

With its contribution, RUBIS continues to demonstrate its commitment to social responsibility, supporting critical health initiatives that positively impact the lives of Barbadians. (PR)

CAPTION: L-R – Rudolph Smith (RUBIS Sports Club), Sonya Alleyne (Treasurer, Breast Screening Programme), Elsa Yearwood-Gill (RUBIS Sports Club), and Mellissa Broomes (RUBIS Brand Marketing Specialist).

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Health

Walk for the Cure Activity Heats up 

Activity surrounding the largest walk-for-a-cause in the Eastern Caribbean heats up, as plans are confirmed for the Walk for the Cure which takes place on Sunday 6th October 2024 starting at 3.30 p.m. 

Walk Manager for the BSP Michelle Straughn indicating the location of a tent to one of the sponsors while Samantha Suttle Walk Manager for the bank (front) speaks to Daveny Ellis of DL Smith Productions.

Interest is high from corporate sponsors and their staff who are ready to take part in the walk, as well as the numerous vendors who will be on hand for the expected 20,000 people who will be either walking or running for the Breast Screening Programme (BSP) of the Barbados Cancer Society.

Walk Manager for the BSP Michelle Straughn indicating to the sponsors one of the locations for their banners with Walk Manager for CIBC Samantha Suttle behind her.

Many of the sponsors and vendors were on hand for the site visit on Thursday to see where they would physically set up their tents and banners and also get a final briefing on the route which starts at Warrens again this year.  (PR)

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Health

PwC in the Caribbean makes donation to Queen Elizabeth Hospital’s Neonatal Intensive Care Unit

Ross Parker, PwC East Caribbean Territory Leader, proudly announced a donation of BDS$30,000 to the neonatal intensive care unit (NICU) of The Queen Elizabeth Hospital in Barbados. The announcement happened at a PwC cocktail reception attended by the PwC network firms operating in the Caribbean’s core leadership team, the local PwC partnership, and key PwC clients and contacts from corporate Barbados. 

The NICU at The Queen Elizabeth Hospital plays a critical role in providing specialised care to newborns, particularly those born prematurely or with medical complications. It also supports obstetrics and gynaecology with antenatal, intrapartum, and postpartum emergencies. This donation will assist with the purchase of much needed equipment that will help to improve overall patient care. These enhancements are vital for ensuring that the most vulnerable of newborns receive the best possible start in life.

When announcing the donation Ross Parker said, “At PwC, we believe in giving back to the communities that support us. We want to thank the NICU, its doctors and staff for their tireless work and dedication to treating those in need. They’ve provided critical care to the children of many of our PwC colleagues,  families and friends, for which we are so grateful. This donation to the NICU underscores our commitment to supporting the health and well-being of the communities we serve, making a positive impact where it matters the most. We are honoured to contribute to the health and future of Barbados and the Eastern Caribbean’s youngest citizens, ensuring that every child has the opportunity to thrive.”

PwC had the honour of presenting the cheque to Dr. Angela Jennings and Dr. Gillian Birchwood. Dr. Birchwood expressed her gratitude on behalf of the NICU, highlighting that the donation will significantly enhance the vital care provided to newborns. 

Caption: From left to right: Ross Parker, PwC East Caribbean Territory Leader, Dr. Angela Jennings, Head of the Pediatrics Dept, The Queen Elizabeth Hospital and Dr. Gillian Birchwood, Head of the Neonatal Intensive Care Unit, The Queen Elizabeth Hospital. (PR)

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