NASSAU, BAHAMAS — The Economic Recovery Committee has recommended the government legalize the cannabis industry in The Bahamas with strict controls that would allow production, consumption, and exportation of the plant.
Prime Minister Dr Hubert Minnis tabled the committee’s executive summary in Parliament on Wednesday.
The committee noted there is the widespread use of marijuana globally.
It said with the increasing incarceration of marijuana users, civic and philanthropic stakeholders have pressured governments to review existing laws on the substance with a view of legalizing or decriminalizing.
The committee wrote that a “hybrid approach” that included decriminalization for small amounts and legalization with strict regulatory control would offer an opportunity for economic growth, increased employment, increased revenue from excise and value-added taxes, and a decrease in crime as “criminal elements would no longer be suppliers and distributors”.