Future cannabis business owners can now prospectively acquire cannabis business licenses from the Department of Revenue and Taxation after Gov. Eddie Calvo signed Bill 69-34 into law last week.
Public Law 34-24 allows DRT to collect fees and issue business licenses for the commercial cultivation, manufacturing, laboratory testing and dispensary activities of medical cannabis, the governor’s office has stated.
While it is a small development, it’s an important step toward the implementation of Guam’s medical marijuana program, according to Grassroots Guam managing partner Andrea Pellacani.
“You can’t incorporate, enter into an agreement with consultants, or do any other infrastructural