Easy as ABCD – The Key Requirements of the Medicinal Cannabis Authority in SVG
Following the recent passage of the Medicinal Cannabis Industry Act in St. Vincent and the Grenadines, many persons may be wondering how to legally participate in the industry. Below we outline four primary things – A B C D – that the Medicinal Cannabis Authority considers when examining an application for a licence: Application Fee Payment: An
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An Introduction to the SVG Cannabis Industry
The Medicinal Cannabis Industry Act 2018 allows for qualifying persons under the Act to be issued licences to cultivate, import, export, possess, produce and use cannabis in St. Vincent and the Grenadines (SVG) for medicinal and research purposes only. Cannabis (also called marijuana or ganja) has been decriminalised only for medicinal and religious use. Unlike
Read More7 Practical Tips on How to TRULY OWN Your Business
There are many persons who operate businesses but do not truly OWN their business. Let me explain with this example:Tom operated a small business in St. Vincent and the Grenadines called “Direct Ship SVG”. After 2 years in operation, the business wasn’t doing that well. He decided to create a Facebook page and found that
Read MoreThe Limited Liability Company as an Estate Planning Tool
An incorporated body (company) is a legal person in its own right and can acquire and own all types of property in its name. This may include real estate (land and house), cash in the bank, vehicles, shares in a company…you get the point. So the company is able to own any kind of property
Read MoreYoung and Broke: How to Finance Your Real Estate Investment
Is there really a “generation of life-time renters” emerging in St. Vincent and the Grenadines? The story is that for the average Vincentian, house prices are way too high, and the options available for a competitive mortgage are way too low. Notwithstanding the seemingly elusive nature of property ownership, there are creative ways to finance
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