Introduction
The global conversation around Cannabis has changed completely. What was once treated solely as a criminal issue is now recognised as a major economic, medical, and cultural opportunity.
For Trinidad & Tobago, this is a pivotal moment. With oil and gas revenues declining, the country must explore new and sustainable economic opportunities — and Cannabis stands out as one of the most profitable options available today.
U.S. Cannabis Law Changes and Their Global Impact
In late 2025, the United States moved to reschedule Cannabis from Schedule I to Schedule III under federal law.
This shift has important implications:
- Recognises Cannabis medical uses
- Confirms lower abuse potential than previously classified
- Opens the door for research and innovation
- Provides better conditions for Cannabis businesses
While Cannabis is still not fully legal at the federal level in the U.S., this decision signals global acceptance and sets the stage for investment, research, and tourism opportunities — directly impacting markets like Trinidad & Tobago.
Where Trinidad & Tobago Stands Today
Trinidad & Tobago has already made progress:
- Cannabis decriminalised in 2019
- Adults can possess small amounts and cultivate a limited number of plants
- Regulatory and medical frameworks exist
But decriminalisation is not enough. Many local Cannabis businesses cannot scale or access financing due to slow legislation. Without further action, the country risks lagging behind Caribbean neighbours.
Cannabis as an Economic Growth Strategy
Cannabis can help diversify the Trinidad & Tobago economy:
- Strong global demand and robust profit margins
- Opportunities across agriculture, tourism, wellness, and manufacturing
- Job creation at multiple skill levels
This is more than just growing a plant. Cannabis is a full ecosystem, including:
- Processing and branding
- Wellness products
- Export opportunities
- Educational and tourism experiences
Cannabis Tourism: Quick Revenue Opportunity
If Trinidad & Tobago wants to move quickly, Cannabis Tourism is the fastest win.
Tourism does not require massive factories to start. It builds on what we already have.
Today, travellers are actively seeking:
- Legal Cannabis access
- Cultural and wellness experiences
- Educational Cannabis tours
- Cannabis-friendly hospitality
Learning from Jamaica
Jamaica has been leveraging Cannabis Tourism for years.
Cannabis is integrated into its:
- Cultural experiences
- Wellness and health tourism
- Licensed dispensaries
- Educational tours and heritage
As a result, Cannabis has become part of Jamaica’s tourism identity.
Trinidad & Tobago can replicate and adapt this model with its unique culture, music, and natural beauty.
Trinidad & Tobago’s Natural Advantage
Trinidad & Tobago is well positioned for Cannabis Tourism.
We already have:
- International flight access
- Established tourism infrastructure
- Beaches, rainforests, and wellness destinations
- Rich cultural experiences
Fast-start tourism options include:
- Cannabis education tours
- Wellness retreats and spas
- Licensed consumption lounges
- Culinary and cultural Cannabis experiences
- Regulated dispensaries
This creates immediate revenue while production facilities are still being developed.
Long-Term Industry Development
Tourism should be the starting point — not the end goal.
To fully benefit from Cannabis, Trinidad & Tobago must also invest in:
Production & Manufacturing:
- Extraction and processing laboratories
- Edible and wellness product production
- Testing and quality control facilities
Trade & Exports:
- Medical Cannabis products
- CBD and wellness goods
- International partnerships
These measures allow Trinidad & Tobago to produce higher-value products and create sustainable economic growth.
Government Action: Speed Is Key
Policy delays are the biggest barrier to Cannabis growth in T&T.
Government priorities should include:
- Updating Cannabis legislation quickly
- Simplifying licensing and approval processes
- Supporting small local businesses
- Establishing clear regulations for investors
Every delay risks falling behind other Caribbean nations.
Education: A National Imperative
Cannabis reform cannot succeed without public understanding.
In schools:
- Reduce stigma
- Teach responsible use
- Prepare students for careers in agriculture, business, law, and science
In communities:
- Explain medical versus recreational use
- Highlight economic opportunities
- Promote safe and responsible consumption
Education transforms Cannabis from a controversial topic into a national development tool.
Supporting Local Entrepreneurs
Small Cannabis businesses already exist in Trinidad & Tobago, but many are constrained.
With proper legislation and financing, these businesses could:
- Grow legally
- Create jobs
- Export products
- Contribute meaningfully to the economy
Cannabis reform should prioritise local ownership and opportunity, while still attracting responsible investment.
A Defining Moment for Trinidad & Tobago
In 2026, the global Cannabis industry is moving fast.
Trinidad & Tobago must decide:
- Move slowly and miss the opportunity
- Move decisively and create a new economic pillar
Cannabis can help:
- Offset declining oil revenues
- Generate jobs
- Boost tourism
- Support small businesses
- Position the country as a regional leader
The opportunity is now — what we do next matters.
Stay High & Stay Safe
Asha & Ayanna Wadada
