
Cost cuts include a 46.6% drop in labor-related expenses and a 34.5% reduction in general and administrative expenses.
Cost cuts include a 46.6% drop in labor-related expenses and a 34.5% reduction in general and administrative expenses.
It is surely a move that Bob Marley never would have dreamed could happen. A dispensary bearing his name, legally selling his beloved herb in his home country of Jamaica. The Marley family and Docklight Brands announced that the Marley Natural will open a new, first-of-its-kind Marley Natural dispensary located at Bob’s former home and recording studio, which is currently the Bob Marley Museum, in Kingston, Jamaica. Privately owned Docklight Brands, Inc. holds the exclusive global rights to Bob Marley cannabinoid products. Docklight was founded by Privateer Holdings.
“Along with music, herb was such an important part of my father’s life. He was always a strong advocate for marijuana and all of its healing qualities. We are thrilled to honor him and his contribution to the world of music and now cannabis at the Bob Marley Museum,” said Stephen Marley.
The company said that the site has already received conditional approval from Jamaica’s Cannabis Licensing Authority. Docklight also said that the opening of the dispensary will allow qualified consumers to enjoy authentic cannabis at Bob’s house. Jamaican law allows both residents and tourists to use cannabis for therapeutic purposes. In addition to cannabis, the retail location will sell a full line of Marley accessories and approved CBD products.
“We are thrilled to work with the Marley family to bring the Marley Natural portfolio to Jamaica through this flagship retail location. This unique cannabis experience will bring to life the ethos of Bob Marley,” said Damian Marano, CEO, Docklight Brands. “It is incredibly meaningful to have the first Marley Natural dispensary in the world at the Bob Marley Museum in Kingston, Jamaica.”
One Draw Holdings, a Marley affiliate company, said it plans to open the inaugural Marley Natural retail location at the Bob Marley Museum later in 2021, with future locations planned at Tuff Gong Studio in Kingston and elsewhere on the island. One Draw will have exclusive rights to operate Marley Natural cannabis retail locations and distribute Marley Natural cannabis products in Jamaica. This dispensary will be the first in Docklight’s global expansion of the Marley Natural retail footprint, with additional locations planned in North America.
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