fbpx
Prime Minister John Briceño says referendum date on marijuana legalization may be changed after consultation
July 27, 2022
Scotiabank Concacaf League kicks off with 12 teams, including Belizean champs Verdes
July 27, 2022

Opposition member Tracy Taegar-Panton questions government’s level of consultation on Marijuana Bill after delay

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Posted: Wednesday, July 27, 2022. 11:07 am CST.

By Benjamin Flowers: Opposition Member Tracy Taegar Panton is questioning the Government of Belize’s level of public consultation on the Cannabis and Industrial Hemp Control and Licensing Bill after it was announced that the referendum on the Bill would be “put on pause.”

Prime Minister John Briceno announced this morning that government would hold off on holding the referendum, after a meeting Minister of State in the Ministry of Finance, Chris Coye recently met with representatives of the banking sector. During that meeting, banking reps raised concerns about the impact that revenue earned from the sale of marijuana could have on corresponding banking relationships, with banks abroad.

Following the announcement, Taegar Panton took to Facebook to raise concerns about the Prime Minister’s explanation for the delay of the referendum.

“It fails me after the government’s ‘extensive’ consultation on this new growth industry that they failed to consult with the Commercial Banks? Without protecting the integrity and viability of our corresponding banking relationships Belize will not be able to import or export goods and services,” Taegar Panton said.

The cost of the referendum, an estimated $5 million, was also cited as a major concern, given the severity of the economic times.

 

Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt [email protected] оr саll uѕ аt 501-601-0315.

 

© 2022, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

  • Galen University
  • larry waight
  • Galen University
  • Shindaiwa

Leave a Reply

Your email address will not be published.