Industry Overview - United States Marijuana Industry


The following content is excerpted from the Prospectus of Tidal Royalty Corp. dated January 29, 2018 filed on SEDAR.

Puerto Rico Marijuana Industry Overview

In May of 2015 the Governor of Puerto Rico signed an executive order legalizing medical cannabis. The Puerto Rico Health Department was tasked with developing regulations for the production, manufacturing, and sales of medical cannabis and medical cannabis products. In January of 2016, the Puerto Rico Health Department published their initial set of regulations governing the medical program. Puerto Rico permits the use of medical cannabis pills, creams, patches, tinctures, and whole plant cannabis for vaporization only. Smoking medical cannabis is prohibited in Puerto Rico. The program has a wide range of qualifying conditions including chronic pain, severe nausea, and migraines as well as cancer, HIV, AIDs, Crohn's disease and other conditions often included in state medical marijuana programs. Puerto Rico has strict residency requirements for medical cannabis business ownership that stipulate the business entity must be held at least 51% by Puerto Rican residents. The medical marijuana program does not require cultivation and dispensing operations to be vertically integrated, but also does not prohibit a single entity from holding a cultivation, manufacturing, and dispensing license.


Summary by States

Arizona State Summary >>

California State Summary >>

Colorado State Summary >>

Florida State Summary >>

Puerto Rico State Summary >>

Oregon State Summary >>

Washington State Summary >>

Nevada State Summary >>


Canadian Marijuana Stocks Lookup


Search by Symbol       Canada   US  



Top