Cannabis markets take shape as US territories look to capitalize on tourism
Green Market Report
Wed, Nov 20
Key Points
- The U.S. Virgin Islands has begun licensing its adult-use cannabis market, offering a $40 tourist medical card and convenient access to beachfront dispensaries.
- The territory aims to capitalize on the influx of visitors by providing a recreational cannabis experience, following the lead of other U.S. territories.
- USVI joins other jurisdictions in implementing adult-use cannabis laws to attract tourists and generate revenue from the industry.
- The move is part of a broader trend of destinations leveraging legal cannabis to boost tourism and economic growth.
A $40 tourist medical card and easy access to beachfront dispensaries – that’s the new reality for the U.S. Virgin Islands after it began licensing its adult-use market this week. USVI joined other U.S. territories in positioning to capitalize on the visitor traffic that already comes to their shores.
The push...
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