BASSETERRE, St Kitts – An urgent statement from Swissx in relation to the arrest of Alki David, owner of Swissx, by the anti-narcotics unit of the Royal St Christopher and Nevis Police Force (RSCNPF) at RLB International Airport May 9, 2019, said “current tensions risk the nation’s chance at leading a multi-billion-dollar industry” and “$100 million in lawsuits to be filed against [Harris] the government of St Kitts and Nevis this week.”
According to 2018’s The Sunday Times rich list, David, a Greek billionaire and heir to the Coca-Cola fortune is independently worth more than $2.8 billion. His Swissx company, a medical marijuana company produces luxury CBD oils. His hologram company was responsible for digitally recreating Tupac in 2012 for Coachella performances and Michael Jackson for the 2014 Billboard Music Awards. He resides on the Isle of Man.
The statement released Monday continued: “We’ve have met with Prime Minister [Timothy] Harris to talk about coordinating support efforts before we leave next week for meetings in Dominica and other Caribbean island nations that have shown great interest in our cooperative partnership. Those talks have broken down and led to the arrests of David and Ergen. David and Ergen’s legal team [has] arrived from the UK and will be filing lawsuits against Prime Minister Harris and the government this week.”
Meanwhile, the regulatory framework for the CBD industry is going through parliament, David asked, “When will the politicians pass the Cannabis Bill of 2019 under a parliamentary procedure requiring a second and third reading to free its citizens of this decades-long failed prohibition?”
Following a brief court appearance on Tuesday, David was detained for the second time. Bail conditions were adjusted to $300,000. His legal team were equal to the task and secured David’s release hours later.
As to the “no legal framework” for cultivating cannabis in St Kitts and Nevis and/ or the distinction between marijuana – cannabis plants and /or between plants that contain THC; Queen’s Council, Dr Henry Browne noted: “The mere possession of marijuana seeds is not a crime. What is a crime, is to have the seeds and to come to an agreement to plant the seeds. Planting the seeds for the purpose of cultivation is a crime.”
“It is also illegal to conspire to plant or cultivate marijuana. Having agreed to take a step towards [the] cultivation of marijuana, you have created an offence,” Browne added, “THC does not matter. You would only know that after the plant is grown and you test the plant. The mere possession of the marijuana plant is illegal.”
Swissx added: “Furthermore, considering the favourable soil and weather conditions, including an advanced culture and economy specializing in agriculture, St Kitts and Nevis was the obvious choice for commencing our Caribbean endeavours. Former Prime Minister Denzil Douglas is working closely with us.”
“The Swissx team recognizes the need for proper education on the burgeoning CBD industry for business to prosper. David and his team are committed to this educational foundation and will be publishing a plethora of support materials, collateral and findings on CBD hemp plant medicine,” the statement said.
On Wednesday, May 14, David and Swissx will host a symposium in Basseterre, seeking to educate everyone with a stake in revitalizing the St Kitts-Nevis economy and fulfilling the nation’s promise of freedom and prosperity.
The symposium is expected to explain hemp and CBD and how cooperative farming organizations can succeed in making St Kitts-Nevis a significant player in the fastest growing business in the world.
Swissx is already working with local farmers and business people to build a fair and robust cooperative system and have been moved by both their knowledge of the crop and enthusiasm for its pending legalization.