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Jamaica looks to slash cannabis license processing time, but banking remains major obstacle

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Jamaican regulators want to substantially reduce the amount of time it takes entrepreneurs to get a cannabis business license, but banking remains the biggest hurdle to marijuana industry growth. The Cannabis Licensing Authority (CLA) is in the final stages of a technical review of the entire licensing process. "We really want to be able to say that it should take a maximum of six months to get your license in Jamaica." It currently can take up to two years for an applicant to become "conditi...

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