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Cannabis commission now open for business

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THE CNMI Cannabis Commission is now open for business.

Its chairwoman Nadine Deleon Guerrero said the commission has officially launched its commercial program and homegrown registry programs.

Investors and entrepreneurs alike can now avail themselves of these programs in the Commonwealth and grab this opportunity to venture and grow in the cannabis industry.

In a press briefing on KKMP radio last week, Deleon Guerrero said the commission already has investors lined up.

"We are optimistic. We currently have an investor who is in quarantine right now waiting to come in and do all the paperwork. We are very, very positive that this [investment] is going to take off," she said.

She added that investors from Taiwan and Washington have also expressed interest.

"These are our potential investors and applicants that have expressed interest. They're just waiting for the date to turn in their application," she explained, emphasizing that the Commonwealth still has investors despite the global Covid-19 pandemic and economic downturn.

Governor Ralph DLG Torres, for his part, said, "It is an exciting time for [the commission] — I have seen them work through this process [with] the regulations, in detail. I'm excited to see the applicants and the [growing] interest.”

The governor added, "Seeing the interest that's there, for a business prospect to go through the quarantine process, that's commitment in itself."

All interested applicants are encouraged to submit their application packages for Homegrown or Commercial Licensing at the intake windows of the Department of Commerce or  the Commonwealth Casino Commission.

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