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Joined: Oct 1999
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Marty Offline OP
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There will be a special sitting of the House of Representatives on Tuesday during which the 2022 Budget will be presented. During tomorrow's house meeting, a new law pertaining to the legalization of cannabis, as well as the creation of an industry to support cultivation and commercial sale, will also be introduced. It's a controversial piece of legislation; one that supports believe could gradually result in a reduction in crime and violence associated with the illegal drug trade.

Kareem Musa, Minister of New Growth Industries

"All of these gang-related murders, they all stem from this very plant and so we have to find a way to include these young men in a very responsible and safe system so they have to be a part of the system in terms of dealing, but at the same time we have to understand that that is the root cause. Yes, there may be a continuation in terms of retaliation, but when you look at it, all of the illegal drugs, again we don't know what is in these drugs coming across the border but they also come along with illegal firearms and that is something that we have to curtail. Again, that is something that we're trying to fix. If we produce local marijuana for these young men to sell then they won't have to buy and dodge the police and come in illegally with this foreign marijuana which we don't know what is in there."

Channel 5

Joined: Oct 1999
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Marty Offline OP
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Cabinet Approves Amendments to Cannabis and Industrial Hemp Act

In Cabinet news this week, Cabinet gave its approval for a motion to be taken to the National Assembly for six point two million U.S. dollars for financing from the International Monetary Fund. Channeled through the International Bank for Reconstruction and Development, Cabinet says the aim of the loan is to minimize the global risk and impact caused by the COVID-19 pandemic and to strengthen the ability of the health care system to respond to future health emergencies. Noting high levels of excess liquidity of around seven hundred and seventy million dollars, Cabinet has decided to incentivize lending by the banks into foreign exchange earning sectors to further stimulate economic activity. Cabinet approved further amendments to the Cannabis and Industrial Hemp Licensing and Control Act. These changes provide for the composition of the Commission, additional taxes on sales of cannabis, and fund for the allocation of tax revenues for public awareness campaign programs, rehab programs, social and sporting programs, and school assistance. Finally, Cabinet was updated on the status of vaccinations. Currently, there are more than two hundred and forty-five thousand vaccines on hand. As of the twenty-first of March, almost fifty percent of Belizeans have had one dose and another forty-eight percent have been fully vaccinated. The daily COVID positivity rate is one point thirty-five percent.

Channel 5

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