St. Kitts and Nevis is developing a banking framework for its medicinal cannabis industry with the assistance of regional expert, Saboto Caesar.
Chief Executive Officer of the St. Kitts-Nevis Medicinal Cannabis Authority, Nadiv Mills, said Caesar arrived on July 19th for a five-day visit.
During his stay, he will meet with representatives of financial institutions to discuss the challenges of providing banking services to the medicinal cannabis industry and share best practices from St. Vincent and the Grenadines.
Officials will also introduce the Federation’s seed-to-sale track-and-trace system, which is designed to monitor transactions, improve transparency, support regulatory compliance, and strengthen the industry.