MOU with mMoney - A Significant Step Forward in Legally Transferring Funds in the local Medicinal Cannabis Sector
MOU with mMoney - A Significant Step Forward in Legally Transferring Funds in the local Medicinal Cannabis Sector
The Barbados Medicinal Cannabis Licensing Authority (BMCLA), the government's regulatory body for the medicinal cannabis industry in Barbados, recently held its first international cannabis conference - a groundbreaking event for the country's nascent regulated cannabis sector.
From the bustling expo floor to the captivating educational sessions, the BMCLA’s BAJCAN Cannabis Medical Conference and Expo provided a fertile ground for networking, learning, and exploring the ever-evolving needs of the medicinal cannabis market. The 2024 edition of this iconic conference featured a stellar lineup of about a dozen speakers, and a diverse showcase of exhibitors and panellists, showcasing, networking and sharing with some 200 persons.
The two-day event facilitated thought-provoking discussions and collaborations on a range of topics, including health, well-being, and palliative care with medicinal cannabis, insurance, research, patient care, and compliance.
However, one topic that permeated the event was the issue of banking for the industry. This was timely, as on the first day of the conference, the BMCLA signed a memorandum of understanding (MOU) with mMoney Inc., setting the wheels in motion for alternative banking solutions for the local medicinal cannabis industry.