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Medicinal cannabis profits to be taxed at 20%
© BBC
Ministers issued the first licences for the commercial cultivation in December
Companies growing medicinal cannabis in Jersey will pay 20% tax on profits, Senator Lyndon Farnham has confirmed.
Speaking to the BBC, he said planning and environmental issues related to the industry were being carefully monitored and managed.
Ministers issued the first licences for the commercial cultivation in December.
The economic development minister said no tax subsidies or grants had been offered to growers, which he argued could contribute millions in taxes.
Senator Farnham s comments follow questions from backbench politicians on how the industry will be regulated and benefit the economy. ....

Helier Deputy Rob , Martin Karen Shenton , Lyndon Farnham , Senator Lyndon Farnham , Shenton Stone , Helier Deputy Rob Ward , ஹெலியர் துணை கொள்ளை , மார்டின் கரேன் ஷென்டன் , லிண்டன் ஃபார்நம் , செனட்டர் லிண்டன் ஃபார்நம் , ஷென்டன் ஸ்டோந் ,