For those who don't know Whagfa is the farmers organization that I currently chair.
I think some of the ideas in this article germinated from talks I had with this guy at CanEX Jamica Business Conference and Expo held in Montego Bay a week ago
http://hospitalityjamaica.com/
We spoke at length about how to make sure that the people that kept this industry going despite all the beating, arrest, and abuse they suffered from the hands of the state and society for believing in the sacramental and economic value of plant they call Ganja, herb, weed etc.
Times have changed and the interest shown by all these people at Whagfa Stall is a testament to the growing acceptance of Ganja in our society.
How can ReggaeSteem help to make the dream of the above mentioned people to be a stakeholder in this new developing industry and to prevent it from been another like the sugar?
The answer is tokenization weather ReggaeSteem Token, Whagfa Token.
How is Jamaica doing on that front? Well, the Jamaica Stock Exchange is moving full speed ahead. They said at an investment forum that they should be ready before year end. However I am somewhat concern about the high level of regulations they seems to be putting in and investor will still have to be approved by bankers/brokers. What will be the requirement , not known as yet
The Jamaica Stock Exchange is one of the most regulated in the World. It has been rated by Bloomberg Magazine as the number one stock exchange in the World for the past five (5) years. I think they are going to push regulation to the max so they can try and maintain their status..
See our own @donald.porter third from left in this pic from the Jamaica Stock Exchange Investment Forum.