2019 UN Cannabis Charter — what changed and why it matters
Bevon Findley1/31/20260 replies
In 2019, the United Nations reclassified cannabis under international treaties. This was a significant shift — the treaties evolved, but some countries and institutions have not caught up.
This matters for banking. Banks follow international treaties for compliance, and the 2019 changes provide new ground for Caribbean financial institutions to engage with legal cannabis businesses. The ECCB (Eastern Caribbean Central Bank) has been approached about creating a Caribbean-wide cannabis banking framework.
What did the 2019 reclassification actually change? How should the Caribbean banking system respond?