Antigua Project Overview
Here at Eco Equity, we’re dedicated to producing and supplying the highest-quality, pharmaceutical-grade medical cannabis and extracts to meet growing global demand. We’ve set ourselves one clear goal: to be the biggest producer and distributor of medicinal cannabis from Africa and the Caribbean into global markets.
We’re working hard to create a top-quality product available on a wholesale scale, giving people vital access to a natural cure to life-threatening illnesses. And as part of that mission, we’re sowing more seeds of growth by launching a new operation in the Caribbean – Eco Equity Antigua.
Timeline: Year 1
Our operation will launch with Antigua’s very first dispensary, nestled in the tourist port city of St. John’s, This dispensary will service local needs for medical cannabis, as well as serving a thriving tourist market. A second dispensary, strategically situated on the opposite side of the island near Jolly Harbour, will also serve locals and tourists.
Each of our Antigua dispensaries will distribute at least 600 lb of high-quality, pharmaceutical-grade medical cannabis flowers per year – sourced and imported from our state-of-the-art cultivation site in Zimbabwe. The dispensaries will also sell a range of luxury and celebrity-endorsed branded end products, and other medical cannabis-related paraphernalia.
History of Medicinal Cannabis in the Caribbean
Back in December 2018, St. Vincent and the Grenadines became the first of the Eastern Caribbean States to legalize the use of cannabis for scientific and medicinal purposes and allowing cultivation under a rigorously regulated system.
Jamaica welcomed its first medical marijuana dispensary in 2018, when Kaya Farms opened along with sister companies Kaya Herb House, Kaya Café, Kaya Spa, and Kaya Tours. These businesses provide interesting options for Jamaicans and tourists alike by selling cannabis for “medicinal and therapeutic purposes.”
Puerto Rico legalized medical marijuana in 2015: as a United States territory, it’s aligned with the marijuana legalization in most of the U.S. Meanwhile, the Cayman Islands already legally imports cannabis oil. The U.S., British, and French Virgin Islands are other regions for potential cannabis reform. And the U.S. Virgin Islands has taken huge steps towards changing cannabis laws by changing penalties for possession.
Dispensary & Delivery Target Market
Eco Equity Antigua is spearheading a new retail concept that gives consumers a reliable source for cannabis and cannabis-related products. Our dispensaries will offer a fresh, upscale, professionally managed outlet for the sale of medical cannabis cultivated both internationally and locally by our team of highly trained and experienced cannabis professionals.
In addition to our dispensary locations, we’ll offer delivery services to local hotels, resorts and residences.