Subsidiary of Canada-based cannabis company to expand operations in Jamaica

Canada-based cannabis company Aphria announced on Monday that its subsidiary will expand operations to Jamaica.

Aphria's subsidiary, Marigold Projects Jamaica, was granted a retail Herb House license from the Cannabis Licensing Authority to open a new store in Kingston.

Aphria owns 49% of  Marigold and the subsidiary holds a Tier 3 license to cultivate more than five-acres of  land with cannabis for use across medical, scientific, and therapeutic purposes.

Irwin Simon, Aphria’s interim CEO, has asserted that the company has a “tremendous opportunity” in Jamaica, both from a domestic and an international perspective.

The company already has plans to open four other locations in Jamaica if  it receives regulatory approval.