Nearly three years after legalizing adult-use cannabis, the U.S. Virgin Islands is issuing business licenses and accepting applications for more permits.
The U.S. territory’s Office of Cannabis Regulation is currently accepting applications for manufacturing licenses.
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Applications, along with a $5,000 fee, must be submitted by Dec. 19 to be considered.
Last week, regulators issued licenses to 13 marijuana cultivators in St. Croix, St. John and St. Thomas.
Regulators are cunrrently reviewing applications for dispensary licenses.
According to Denver-based cannabis-focused law firm Vicente LLP, applicants for all licenses, except for micro-cultivators, must be majority owned by a person who meets one of the following requirements:
Lived in the U.S. Virgin Islands for 10 of the last 15 years Has attended school for
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