A framework for the legal sale of medical cannabis would generate a new source of revenue for Puerto Rico, to the tune of $14 million a year in sales tax revenue for the Treasury Department, an agency official told lawmakers Tuesday.
Puerto Rico Legal Marijuana announced it will hold a medical cannabis occupational license seminar featuring a live demonstration of the extraction process on Feb. 25 at the Polytechnic University in Hato Rey.
Puerto Rico’s first medical cannabis pharmaceutical company, IMC Corp., has been given the go-ahead to start operations in Ponce upon receiving its license from the Commonwealth’s Health Department.