J$25 Million Grant Facility Made Available For Small and Micro Entrepreneurs in At-Risk, Low-Income Communities

Kingston, Jamaica – The Jamaica Social Investment Fund (JSIF), has launched a micro and small business grants program that seeks to assist passionate, innovative small businesses and startups from at-risk, low-income communities realize their entrepreneurial dreams and reach new markets. The program, which is being executed as part of the Integrated Community Development Project (ICDP), provides…

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Jamaica’s Marijuana Industry Attracting More Canadian Investors

Toronto, Canada – Canadian company Hiku Brands Company Limited, Canada’s first vertically-integrated cannabis brand house announced on Tuesday that it has signed a letter of intent with Kaya Inc., a licensed medical cannabis producer and dispensary operator in Jamaica, as part of a strategic alliance to pursue medical and adult-use cannabis branding, genetics, and retail opportunities both in Jamaica and…

LGC Capital To Invest 2.5M CAD In Jamaica’s Medical Cannabis Market, Global Canna Labs Limited

Montreal, Canada – On Friday January 26, LGC Capital, a Canadian incorporated public company announced that it had signed a Letter of Intent with the rapidly-developing Jamaican cannabis company Global Canna Labs Limited (“Global Canna Labs”) for a strategic investment in the Jamaican cannabis market as part of their ongoing international expansion. The Letter of Intent with Global…

15-Year Golar LNG Import Terminal Deal Coming To Jamaica

LONDON, (Reuters) – Norwegian shipping company Golar LNG Partners plans to deploy a floating storage and regasification unit (FSRU) to Jamaica for up to 15 years from the fourth quarter of 2018, according to industry sources. An FSRU allows for the import of liquefied natural gas and on January 19th the company issued a statement…

13th Annual JSE Investments and Capital Markets Conference Set For Jan 23-25, 2018

The Jamaica Stock Exchange will host its 13th Annual Regional Investments and Capital Markets Conference in Kingston, Jamaica from January 23-25, 2018 at the Jamaica Pegasus. The Conference is expected to attract influential groups of executives and sponsors from different industries in Jamaica and across the region.  In addition to a number of other sponsoring partners, Jefferies…

Cryptocurrency, Caricom and Financial Inclusion.

A few days ago I was graciously gifted 0.0357 lites (Litecoin) which works out to $10 US or $1,295.79 JMD. All I had to do was download a cryptocurrency wallet (another friend with much more experience suggested Jaxx mobile wallet), give my Litecoin address and wait for the transfer. At the time of writing, 1 LTC…

Embassy Promotes Tourism & Jamaican Rum In Washington D.C.,

The evening began with reggae music playing softly in the background. The large upstairs reception room at the Georgetown Club was filled with enthused Washingtonians sipping various concoctions of Blackwell Rum and rockin’ to the music. The purpose of the event was to showcase Island Outpost Resorts and Jamaican Rum in the Nation’s capital and…