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prima:Medical Cannabis Regulatory Board evaluates setting fixed price per pound of product

A communication from the director of the entity, Marjorie Tolentino, requests the industry’s input and has raised concerns over what is being described as a possible undue intervention

April 30, 2025 - 11:26 AM

According to the Regulatory Board, the objective of price fixing is to "promote fairness and commercial stability," "discourage speculative practices," "reduce market volatility," and "protect both producers and consumers." (Ramon "Tonito" Zayas)

An official communication from the executive director of the Medical Cannabis Regulatory Board (JRCM), Marjorie Tolentino Rivera, reveals that the entity is considering the possibility of setting fixed prices for medical cannabis. This has raised concerns among members of the industry, who view the initiative as a potential undue market intervention and a distraction from the real issues affecting the sector.

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